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Over the last week, cryptocurrencies in the market have seen a decline as momentum slowed down, but there are some meme coins that have been able to hold onto a good portion of their gains during this time. These meme coins have continued to perform well, outlasting various forecasts that have predicted their ‘deaths.’
Floki Inu (FLOKI)
Floki Inu (FLOKI), a cryptocurrency named after Elon Musk’s pet Shiba Inu dog Floki, is one of the best-performing meme coins in the market currently. It is ranked as the third-largest meme coin by CoinGecko with a market cap of approximately $471 million.
This is because, over the last week, FLOKI has been able to maintain a good portion of its gains. While most cryptocurrencies are seeing negative figures on the seven-day chart, the meme coin is up by 25.7%, surpassing even its largest rivals such as Dogecoin and Shiba Inu.
Shiba Predator (QCM)
This is another meme coin that has performed quite well and even better than FLOKI. In a seven-day period, the meme coin is up almost 23%, retaining significant gains. Its rally pushed its market cap above $59 million, making it the ninth-largest meme coin, according to data from CoinGecko.
However, this cryptocurrency is having a rough go of it in the last day after declining by more than 9.60% during this time. But interest in the meme coin remains high as volume is up 9.32% in the last day, bringing its total volume at the time of writing to $2.13 million.
Now, DogeBonk (DOBO) is a coin that enjoyed tremendous success in the last bull market. The meme coin rallied over 38,000,000% in 2021, creating its own fair share of millionaires in the process. However, it has since dropped over 80% since then but in the last week, the coin’s price is up approximately 15%.
DOBO currently boasts a market cap of $4.7 million, making it the 21st largest meme coin in the market. Unlike the other coins above, DOBO is seeing gains on the 24-hour chart after rallying 11.6% in this time frame. Its volume is up 800% in the last 24 hours but it is still a measly $61,000, making it a very volatile cryptocurrency.
Biggest Meme Coins In Crypto
Despite the three meme coins listed doing well in the last seven days, they are still far from being the dominant coins in the sector. That title is reserved for Dogecoin (DOGE) and Shiba Inu (SHIB), both of which are ranked among the 15th largest cryptocurrencies by market cap.
Dogecoin is the ninth largest cryptocurrency but its price is down 4.58% in the last seven days. Shiba Inu is the 14th largest cryptocurrency and similar to Dogecoin, its price is seeing losses of 3.58% in the last week, according to data from Coinmarketcap.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.