The Return of Meme Coin Mania: Dogecoin, Shiba Inu, and Floki Experience a Surge

Dogecoin’s current price of $0.1615 per token represents a 6.2% improvement from seven days ago and a 3.6% upswing from a month ago. However, it is nearly 19% lower than its value from the previous 14 days, despite experiencing a more than 16% price increase during that time. The significant price improvement was accompanied by a 24-hour trading volume of $1.4 billion, making DOGE the eighth most traded cryptocurrency in the market.

FLOKI, trading at $0.0001705, is up more than 20%, even though it had a much lower trading volume compared to DOGE and SHIB, at $360 million. Nevertheless, the meme coin is still in the red over the 14 and 30-day timeframes, showing a nearly 17% decrease over seven days and more than 23% decline over 30 days. In terms of price performance over the last 24 hours, ERC20 has demonstrated the most significant increase, with its value skyrocketing an incredible 1,231% in that time.

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