Their total market value has reached more than 120 billion dollars ATH
TL; DR
Meme coins like DOGE, SHIB, PEPE, FLOKI, BRETT and more have seen double digit price increases in the last 24 hours.
Conversely, MOG, SPX and GIGA are among the few that have not followed the green wave.
Memories are on fire.
Mem coins have performed very well since then. Donald Trump's victory in US Presidential elections. Today (Nov. 12), their total market capitalization hit an all-time high of more than $120 billion, a 27 percent increase on a 24-hour scale.
Mega pump It is being led. In Dogecoin (DOGE), the bull run doesn't seem to be stopping anytime soon. At the moment of writing these lines, And The meme coin is trading at around $0.40, a 260% month over month increase.
The parade can. It must be said. To Elon Musk, man He thought Under the Trump administration, he will lead a new Department of State efficiency division.Doug).
Dogecoin's biggest competitor – Shiba Inu (SHIB) – also all right In the green. Several hours ago, it rose to a seven-month high of $0.00003014, currently trading at $0.00002898. The revival It fits With the stimulation of the layer -2 elastic solution Shibarium and SHIB's The amount of fire going through the roof recently.
Countless more memes have been churning out amazing discoveries in the past 24 hours. Some examples are BONK (+23%), BRETT (+25%), PEPE (+20%), Neuro (+19%) and others.
Some of them are in the red state GIGA (-15%) SPX (-8%), MOG (-3%), and dogs (-3%).
DOGE EYES NEW ATH
The massive revival of Dogecoin has caused a great stir With enthusiasm everywhere, many industry participants are hoping to raise it to a new all-time high In the near future.
X User Mikubul Crypto It is mentioned A “Golden Cross” appears on the DOGE chart. The analyst remembered It is what he said. The same growth was followed by a 7,000% price explosion in the previous cycle. If history is to repeat itself, we will see Dogecoin close to $30.
It's worth noting that a rally of this magnitude would require the asset's market value to jump over $4.2 trillion. Currently, the capitalization of the entire cryptocurrency sector is less than that, making the forecast. so true Unbelievable
However, memories have shown the potential to shape enormous benefits and defy previous expectations. At the same time, their prices may just head south easilyIt causes huge losses for inexperienced or excessive traders. That is, people should take due care before entering the ecosystem and invest only as much as they are ready to lose.
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