Over the past week, cryptocurrencies in the market have been on the decline as momentum has waned, but there are some meme coins that have managed to hold a good share this time around. This meme coin has continued to do well, outlasting various predictions that have predicted that ‘death.’
Floki Inu (FLOKI)
Floki Inu (FLOKI), a digital currency named after Elon Musk’s pet Shiba Inu dog, Floki, is one of the best meme coins on the market today. It is the third largest meme coin by CoinGecko with an estimated market cap of $471 million.
This is because, in the last week, FLOKI has been able to maintain a good part of its profit. While most cryptocurrencies saw negative numbers on the seven-day chart, the meme coin rose 25.7%, surpassing its biggest rivals such as Dogecoin and Shiba Inu.
FLOKI is a top 5 meme coin by market cap | Source: CoinGecko
Predator Shiba (QCM)
This is another meme coin that has done well and better than FLOKI. In seven days, the meme coin rose by almost 23%, retaining its significant gains. The rally pushed its market cap above $59 million, making it the ninth largest meme coin, according to data from CoinGecko.
However, this cryptocurrency experienced a rough last day after falling more than 9.60% during the period. But interest in the meme coin remains high as volume rose 9.32% in the last day, bringing the total volume at the time of writing to $2.13 million.
DogeBonk (DOBO)
Currently, DogeBonk (DOBO) is a very successful coin in the recent bull market. The meme coin amassed over 38,000,000% in 2021, making its own share of millionaires in the process. However, since then it has dropped more than 80%, but in the last week, the coin’s price has risen by about 15%.
DOBO currently has a market capitalization of $4.7 million, making it the 21st largest meme coin on the market. Unlike the other coins above, DOBO is seeing gains on the 24-hour chart after rallying 11.6% during this period. The volume is up 800% in the last 24 hours but still at $61,000, making it a volatile cryptocurrency.
Biggest Meme Coin in Crypto
Despite three well-listed meme coins in the last seven days, they are still far from the dominant coin in the sector. That title is reserved for Dogecoin (DOGE) and Shiba Inu (SHIB), both of which are among the 15th largest cryptocurrencies by market cap.
DOGE is the largest meme coin with $10.8 billion market cap | Source: Market Cap DOGE on TradingView.com
Dogecoin is the ninth largest cryptocurrency but its value has fallen by 4.58% in the last seven days. Shiba Inu is the 14th largest digital currency and equal to Dogecoin, its value lost 3.58% in the last week, according to data from Coinmarketcap.