DOGE, SHIB dominates 95% of the $14.9 billion in the meme coin economy

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Five months ago, the top meme was $33.7 billion by market estimate. 23. Inu is down 19.4% against the US dollar in the past 30 days.

Dogecoin, Shiba Inu, and Dog Coin fell between 12.8% and 19.4%.

Today, the Bitcoin economy is worth $15 billion, and 25 of the coins have the word "dog" in their names. 18 cryptocurrencies have the word "dog" in their names.

Dogecoin (DOGE), the oldest and largest cryptocurrency on the market, remains a major player in the world. DOGE is the tenth largest company by market capitalization, valued at $7.97 billion. Of the entire economy, Dogecoin accounts for 53.48% of the $14.9 billion market cap.

The second largest ticket is Shiba Inu (SHIB), with a market cap of $6.33 billion. SHIB accounts for 42.48% of the market capitalization of the entire financial market and ranks 13th in terms of current assets. Between DOGE and SHIB, these two tokens account for 95.96% of $14.9 billion.

The trading volume of DOGE and SHIB in the capital market on Friday, September 23, 2022 is 1.483%, less than $178.9 million.

The BABYDOGE market is 1.2% of the total economy. In the past two weeks, the dogecoin has lost 3.3% and in the past month, the brain symbol has decreased by 16.4%.

Five months ago, the meme economy was healthy, at $33.7 billion. Today, at $14.9 billion, the bitcoin economy has since lost 55% of its dollar value.

Despite the poor week for DOGE, SHIB and BABYDOGE, several top brands posted double digits in recent weeks. For example, iotexshiba (IOSHIB) was up 48.3%, Metadoge (METADOGE) was up 47.9%, and Boss (BOSS) was up 43.2% against the US dollar in seven days.

Duckereum (DUCKER) lost 32.8%, Shibaken (SHIBAKEN) lost 27.6% and HIGH (HIGH) lost 24.8%.

FAQ

Will a SHIB reach 1 dollar?

By the end of 2021, everyone who invested in Shib lost most of their investment. Shiba Inu is currently trading at $0.00001173, well below its all-time high. It would have to earn over 85,000% to reach the $1 mark, which is unrealistic to say the least.

Is Shibdoge a Binance?

ShibaDoge price (SHIBDOGE) is available for download from Binance.

Is Shiba Inu Coin worth buying?

It may seem expensive due to limited market share, but value is based solely on entertainment. With that in mind, it wouldn't be wise to invest too much of your money in Shib. Shiba Inno Crypto is a free Crypto that is available for download.

What is Shibdoge Coin?

SHIBDOGE is an official cryptocurrency, a token that automatically exhales as all trades decrease and trade. and the value of the token increases over time by reducing the supply.