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Dogecoin and shiba inu are again at the top of the parts rally as well. With the crypto market recovering significantly over the past week, all altcoins have followed. However, meme coins have improved markedly in the recent past as they continued to record strong gains at a time when the rest of the market is declining.
With the crypto market seeing a meaningful recovery during the past week, all altcoins have followed.
However, meme coins have been much better lately as they have continued to see strong gains at a time when the rest of the market is down. In the last 24 hours, most of the market has tracked Bitcoin and is now trading laterally.
In the last 24 hours, most of the market has followed the trail of Bitcoin and is now trading laterally. Related Reading: Bearish Signal: Bitcoin, Ethereum Earnings Taken To 2021 Level Assets Benefited From Renewed Interest After Twitter Added To Its $cashtags Functionality. Now, social media platform users can search for doge or shib, and a graphic and price pop up.
After this was made public, both pieces rallied to the top. Over the past 24 hours, the price of the doge has already increased by more than 2.23 per cent and we are seeing an increase of 12 per cent.
Shiba inu, by contrast, is doing much better, posting double-digit gains over the same period. Shib is already increasing by 15% in the last day and is already experiencing a 34% increase in the last week.
DOGE and SHIB lead meme coins | Source: CoinmarketcapDOGE’s trading volume has seen a 53% increase in the last day, but again, SHIB stays ahead in this regard with an over 200% increase in its trading volume. Doge and shib same coins | source: coinmarketcapdoge trading volume has seen a 53% increase in the last day.
Most of the payouts, although also aided by the general crypto rally, came from the anticipation surrounding the launch of Shibarium, a layer 2 blockchain.
DOGE and SHIB meme coins | Source: CoinmarketcapThe volume of DOGE trade has grown by 53% over the past day. According to data from Coinmarketcap, the majority of meme coins are seeing gains in the last 24 hours.
There are other meme pieces. According to coinmarketcap data, most coins also see wins in the past 24 hours. Related reading: Break: binance announces support for terra classic (lunc) upgradean example is baby doge piece that is increasing by 5.2% in the period of a day.
Similarly, Mars Dogelon is experiencing gains of 4.51% right now. One example is Baby Doge Coin which is on the rise of 5.2% in the period of a day.
Similarly, the Dogelons of Mars are currently earning 4.51 per cent.
DOGE price recovers to $0.085 | Source: DOGEUSD on TradingView.com
