Meme Coin News: In H1, Four Meme Coins Overtook BTC, SOL-Based Memes Outperformed ETH-Based Ones, Political Memes Rose
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The meme coin market capitalization is down 4.7% over the past 24 hours, standing at $44.9 billion.
Quite a few coins are green among the top 100 per market cap.
Chudjak (CHUD), Gigachad (GIGA), and MEOW have seen a double-digit increase each, between 12.6% and 11%.
Major meme coins such as PepeCoin, BONK, and Shiba Inu (SHIB) are also green today.
On the other hand, Shark Cat (SC) recorded the biggest decrease: 21% to $0.03085.
Next up is LandWolf (WOLF). It’s down 16.7% to $0.00003798.
Fifteen other coins in this category have recorded double-digit decreases.
As for the top 10 meme coins per market cap, four have seen their prices drop, and six are up.
Dogwifhat (WIF) decreased the most. It’s down 6.4% to $1.75.
The other three are down around 1% and less.
As for the green coins, Memecoin (MEME) is the best performer, with a nearly 8% increase.
Shiba Inu (SHIB) increased the least. It’s up 2.8% to the price of $0.00002.
Overall, meme coins on their own have performed better over the past 24 hours than the crypto market in general. The latter is largely red today.
The total crypto market value increased by $661 billion in the first half of this year. Bitcoin (BTC) accounted for $409 billion of that gain.
In that same period, four meme coins outperformed BTC, according to Forbes.
Dogwifhat (WIF) took the first spot among the roughly 70 coins with market caps over $1 billion. It gained 1,306%. Its market cap stood at $2.1 billion.
Next up is Pepe, also a popular meme coin. It recorded an 815% gain, with the market cap of $5 billion.
As the third-best returner among the meme coins stands Floki. It recorded a 392% increase. Its market capitalization is
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