Memecoin merchants have been locked in a battle of the species, with frog, canine, and cat-themed tokens surging triple and quadruple digits over the previous month as crypto costs claw towards their all-time highs.
In the final 24 hours alone, dog-themed cash have generated over $24.2 billion in buying and selling quantity, led by Dogecoin (DOGE) and Shiba Inu (SHIB), whereas cat-themed cash, resembling Solana-based Popcat (POPCAT), generated $63.4 million in quantity throughout the identical timeframe, per CoinGecko data.
Some animal-themed tokens have been doing higher than others, nonetheless.
The best-performing canine memecoin of the final month has been the Solana-based memecoin dogiwfhat (WIF), which has posted 620% features from the earlier month, climbing from a value of $0.22 on Feb. 4 to $1.55 on the time of publication.
Since its inception on Nov. 20, the WIF token has posted returns of over 100,000%, although only a few merchants would have realized these sorts of returns on the token.
Meanwhile, the best-performing cat coin was the Solana-based Popcat (POPCAT) which has posted features of over 1,400% within the final month, rising from a value of $0.006 on Feb. 4 to $0.10 on the time of publication.
Dogecoin additionally skilled a sudden surge over the past week, gaining just a little over 117% within the final seven days. Similarly, Shiba Inu has posted features of over 323% throughout the identical timeframe.
Related: Is Dogecoin only starting its big rally after 70% weekly gains?
Outside of felines and canines, the small variety of frog-themed tokens have been robust performers, with memecoin Pepe (PEPE) main the pack.
Widely declared “dead,” after falling so far as 83% from earlier all-time highs notched on May 6, 2023, Pepe started witnessing a speedy enhance in value and buying and selling quantity on Feb. 25.
Pepe surpassed its earlier all-time excessive of $0.00000372 on March 2 and has since doubled from then on. At the time of publication, Pepe is altering arms for $0.00000802, a 781% acquire within the final 30 days.
On its personal, Pepe has generated over $4.2 billion in buying and selling quantity within the final 24 hours.
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