🌎 Shiba Inu, Dogecoin, Pepe Lead Meme Coin Market Surge

Several large-cap meme coins, including Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) have shown upticks in the last 24 hours. Data reveals that the overall meme coin market has risen by 2.4%, reaching a total value of $44.75 billion.

Shiba Inu (SHIB) Performance

Shiba Inu has been a significant driver of this improvement, registering a 6.4% increase over the past 24 hours. During this period, its price fluctuated between $0.00001596 and $0.0000171, currently standing at $0.00001698. This rise was supported by a 24-hour trading volume of $217.8 million.

Looking at the weekly performance, Shiba Inu’s price is nearly 7% higher compared to a week ago, despite a 0.8% decline over the past two weeks. Over the last 30 days, SHIB has depreciated by about 21%.

Other Notable Meme Coins

Brett (BRETT)

Another notable performer is Brett (BRETT), which is up 5.1% at the time of writing. Ranked #72 in market cap among all cryptocurrencies and #7 among meme coins, Brett has experienced a challenging month, losing more than 22% of its value.

The downtrend started after the coin hit its all-time high (ATH) of $0.1933 on June 9. It remained above $0.15 until July 4, when it dropped to $0.1079. Currently, Brett’s price is 40% lower than its ATH but still an impressive 13,564% higher than its all-time low earlier this year.

Dogwifhat (WIF) and Pepe (PEPE)

Dogwifhat (WIF) and Pepe (PEPE) are also up 4% in the last 24 hours. Over the past 30 days, WIF has seen a decline of 36.8%, while PEPE has dropped by 30%. In the past week, WIF lost 19.2% of its value, and PEPE fell by 4.5%. Both have underperformed compared to the global crypto market, which is up 2.6%.

PEPE has also underperformed similar Ethereum ecosystem cryptocurrencies, which are up 12.70% over the same period.