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For the second day running, meme cryptocurrencies are the top performers among the 100 largest cryptocurrencies. Dogecoin ($DOGE) and Shiba Inu ($SHIB), the two largest meme coins, managed to reach massive market cap milestones despite crypto benchmarks being in the red.
Dogecoin ($DOGE) outperforms all cryptos, $SHIB and $POPCAT following
The oldest meme crypto, Dogecoin ($DOGE), is the fastest-growing cryptocurrency in the top 100 today, Nov. 5, 2024. In the last 24 hours, it added 7.8%. Its market capitalization exceeds $25.02 billion, according to CoinGecko tracker's statistics.
Shiba Inu ($SHIB), the second-largest meme crypto, is also on the top gainers' list today. It managed to surge by 3.7%, while $SHIB's market cap exceeded $10.5 billion in a rapid move.
Popcat ($POPCAT), the largest cat-themed cryptocurrency and the most popular of "Murad's meme coins," is the second-fastest-growing crypto today, with a 4.5% overnight upsurge.
$POPCAT is fighting with Bonk ($BONK), another major meme coin, for the status of 63rd largest crypto. Bonk ($BONK) has added 3.7% in the last 24 hours.
Out of five best performers in the top 100, four are meme coins. BGB, a core native crypto of Bitget exchange, accompanies them in the elite club.
Cat in Dogs World ($MEW) is back to top 100 cryptos
Also, some lesser-known meme coins are reaching their own local highs. Cat in Dogs World ($MEW), which was the first cat-coin to enter the top 100, is back in the rankings.
After a 3.5% upsurge, its cap almost reached $750 million in equivalent. $MEW is struggling to stay in the top 100 in a rivalry with FLOW and another meme coin, BRETT.
Meanwhile, the benchmark of the crypto market is still negative. The total capitalization of the segment lost 1.2% today and is ready to dip below $2.4 trillion.