Thursday, December 7, 2023
No Result
View All Result
Blockchain Daily Report
Advertisement
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
Logo
No Result
View All Result
Home Crypto Updates

Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days – Market Updates Bitcoin News

by Blockchain Daily Report
December 10, 2022
in Crypto Updates
Reading Time: 4 mins read
A A
0
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days – Market Updates Bitcoin News
Share on FacebookShare on Twitter


The meme coin financial system has seen its worth enhance 7.77% towards the U.S. greenback over the past month, because the meme token market chief dogecoin jumped 29.4% increased in 30 days. Dogecoin has additionally managed to maneuver from the ninth-largest market cap place to the eighth-largest crypto market valuation this previous month. Shiba inu, however, dropped from the thirteenth largest market cap to the fourteenth spot.

Meme Tokens Gained Over 7% In opposition to the Dollar Over the Previous Month

Amid the craziness with FTX and earlier than the chapter submitting, meme cash took a success when the crypto financial system skilled important fluctuations in worth. On Nov. 9, two days earlier than FTX filed for Chapter 11 chapter safety, the meme token financial system was valued at $18 billion.

Dogecoin (DOGE) suffered an enormous loss that day dropping 16.5% towards the U.S. greenback, in keeping with an archive.org snapshot of coingecko.com stats on Nov. 9, 2022. The second largest meme coin when it comes to market capitalization measurement, shiba inu (SHIB), shed 10.8% in worth that day.

The third-largest meme token (on the time), child doge coin (BABYDOGE), misplaced 14.2% in worth 30 days in the past on Nov. 9. The meme coin financial system has healed in current occasions, as the whole lot of meme token belongings listed on coingecko.com is roughly $19.4 billion on Dec. 9, 2022.

Which means that the meme coin financial system swelled by $1.4 billion throughout the previous 30 days or recorded a rise of seven.77% towards the U.S. greenback. DOGE had a superb month towards the buck rising 29.4% in 30 days and seven.8% during the last two weeks.

Between Nov. 9 to Dec. 9, dogecoin’s market valuation elevated from $11.63 billion to $13.30 billion. Shiba Inu’s (SHIB) worth rise over the past 30 days was round 5.9% and during the last two weeks, SHIB elevated 0.3%.

Child doge coin is up 13% during the last month and the present third largest meme coin by market cap, dogelon mars (ELON), grew by 40.2%. The worth of the meme token floki (FLOKI) jumped 30.6% this previous month and kishu inu (KISHU) gained 8.5% in that time-frame.

The checklist of prime ten meme coin financial system tokens right now contains dogecoin (DOGE), shiba inu (SHIB), dogelon mars (ELON), child doge coin (BABYDOGE), floki (FLOKI), kishu inu (KISHU), doge killer (LEASH), tamadoge (TAMA), catecoin (CATE), and samoyedcoin (SAMO).

Tags on this story

Child Doge Coin, Child Doge Coin (BABYDOGE), BABYDOGE, catecoin (CATE), Cash, crypto meme cash, Doge, DOGE and SHIB clones, doge killer (LEASH), dogecoin, Dogecoin (DOGE), Dogelon Mars (ELON), floki (FLOKI), HOGE, kishu inu (KISHU), Market Replace, Markets, meme, meme belongings, Meme Cash, Meme Tokens, Costs, samoyedcoin (SAMO), shib, shiba inu, shiba inu (SHIB), tamadoge (TAMA)

What do you consider the meme coin financial system’s market efficiency over the previous 30 days? Tell us what you consider this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising right now.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, straight or not directly, for any injury or loss brought on or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

Extra Fashionable Information

In Case You Missed It



Source link

Tags: billionBitcoinCoinDaysEconomyFiascoFTXHealsMarketMemeNewsSwellingUpdates
Share76Tweet47

Related Posts

Binance May Be The Major Catalyst Behind LUNC Rally, Here’s Why

Binance May Be The Major Catalyst Behind LUNC Rally, Here’s Why

by Blockchain Daily Report
December 6, 2023
0

The LUNC token has been one of many top-performing cryptocurrencies out there and Binance could also be one of many...

Bitcoin’s 2023 Finale and the ETF Cliffhanger

Bitcoin’s 2023 Finale and the ETF Cliffhanger

by Blockchain Daily Report
December 6, 2023
0

Bitcoin's meteoric rise to $44,000 has taken a toll on brief merchants, with a staggering $90 million misplaced in a...

Worldcoin Foundation Announces $5 Million Community Grants Program Called ‘Wave0’

Worldcoin Foundation Announces $5 Million Community Grants Program Called ‘Wave0’

by Blockchain Daily Report
December 6, 2023
0

Remco Bloemen, the pinnacle of protocol on the Worldcoin Basis, instructed CoinDesk in an interview that the grants aren't simply...

50 Million Addresses Signal 20% Rise In Adoption

50 Million Addresses Signal 20% Rise In Adoption

by Blockchain Daily Report
December 6, 2023
0

On December 4th, Bitcoin (BTC) witnessed an sudden surge in its age-consumed metric, indicating a major improve in beforehand inactive...

Why Are People Spreading Falsehoods About Bitcoin’s Water Use?

Why Are People Spreading Falsehoods About Bitcoin’s Water Use?

by Blockchain Daily Report
December 5, 2023
0

Bitcoin miners in combination pay for electrical energy to course of blocks of transactions, and the variety of blocks is...

Load More
  • Trending
  • Comments
  • Latest
Arbitrum Sepolia Faucet – How to Claim Arbitrum Sepolia Testnet Funds

Arbitrum Sepolia Faucet – How to Claim Arbitrum Sepolia Testnet Funds

October 24, 2023
Santa Claus Rally for Stocks Came Early?

Santa Claus Rally for Stocks Came Early?

November 4, 2023
Rare Signal Predicts Next XRP Price Move: Crypto Analyst

Rare Signal Predicts Next XRP Price Move: Crypto Analyst

November 30, 2023
DOT Price (Polkadot) Spikes 5% and Primed To Surge Toward $6

DOT Price (Polkadot) Spikes 5% and Primed To Surge Toward $6

December 1, 2023
Bitcoin Price Breaks Above $38,000, These Are The Reasons

Bitcoin Price Breaks Above $38,000, These Are The Reasons

December 1, 2023
Neo Price Prediction for Today, December 1 – NEO Technical Analysis

Neo Price Prediction for Today, December 1 – NEO Technical Analysis

December 1, 2023
Crypto Analyst Predicts 4400% XRP Price Surge To $27, Here’s When

Crypto Analyst Predicts 4400% XRP Price Surge To $27, Here’s When

November 28, 2023
Ethereum Price Recovers, Why 100 SMA Is The Key To Fresh Increase

Ethereum Price Recovers, Why 100 SMA Is The Key To Fresh Increase

November 29, 2023
Bitcoin Poised For December Surge As Historical Patterns Suggest Strong Upside Ahead

Bitcoin Poised For December Surge As Historical Patterns Suggest Strong Upside Ahead

December 7, 2023
Binance CEO Richard Teng refuses to reveal location of company HQ

Binance CEO Richard Teng refuses to reveal location of company HQ

December 6, 2023
Design Miami’s digital future looms large after acquisition by Basic.Space

Design Miami’s digital future looms large after acquisition by Basic.Space

December 6, 2023
Binance May Be The Major Catalyst Behind LUNC Rally, Here’s Why

Binance May Be The Major Catalyst Behind LUNC Rally, Here’s Why

December 6, 2023
10 Creative Content Ideas Inspired by Gary Vee

10 Creative Content Ideas Inspired by Gary Vee

December 7, 2023
Duplex Democracy

Duplex Democracy

December 7, 2023
New Cryptocurrency Releases, Listings, and Presales Today – DecentraMind, CRAZYDOGE, 5ire

New Cryptocurrency Releases, Listings, and Presales Today – DecentraMind, CRAZYDOGE, 5ire

December 6, 2023
Binance Lists Small Cap ‘Euro-Pegged’ AEUR, But It All Ends In Disaster

Binance Lists Small Cap ‘Euro-Pegged’ AEUR, But It All Ends In Disaster

December 6, 2023
Facebook Twitter Instagram Youtube RSS

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Blockchain Daily Report.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

You have not selected any currencies to display