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Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions

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  • DOGE captured an ATH of around $0.731 on May 8, 2021
  • Dogecoin trade volume has slid as well to $995 million 
  • The Shiba Inu price today is over 48% lower than the crypto asset’s ATH on October 28

While crypto-resource markets have shed billions during the last week, the top image tokens coins by market capitalization have seen further misfortunes than most coins. 

The main two image computerized resources dogecoin and Shiba inu have seen double-digit misfortunes during the most recent seven days. 

The top image tokens coins by market capitalization today are valued at $60.7 billion losing 3.5% in esteem throughout the most recent 24 hours. 

Dogecoin and Shiba Inu Lose Double-Digits Last Week 

Over the year, image based crypto resources were extremely popular, and large numbers of them have acquired critical worth in 2021. 

The best two image based cryptographic forms of money Dogecoin (DOGE) and Shiba inu (SHIB) were once top ten competitors as far as market capitalization. 

Nonetheless, today, after experiencing a few misfortunes, dogecoin and Shiba inu have exited the main ten standings. Dogecoin (DOGE) is the biggest image based crypto resource as far as in general valuation. DOGE is additionally the eleventh biggest market cap out of 10,975 coins in existence today. 

The crypto resource has a market valuation of around $28.9 billion as dogecoin has shed 16.7% in esteem during the last week. 

Dogecoin exchange volume has slid too to $995 million DOGE trades during the most recent 24 hours. DOGE is trading for $0.220 per unit at the hour of composing and is more than 69% lower than its untouched high (ATH). 

DOGE caught an ATH of around $0.731 on May 8, 2021, around seven months prior. Regardless of the misfortunes dogecoin still orders a year return of around 6,200%. 

ALSO READ: GEMINI ADDS SUPPORT FOR SHIBA INU, INVESTORS TARGETS ROBINHOOD NEXT

SHIB price at the time of writing – $0.00004272

Today, Shiba Inu (SHIB) is the twelfth biggest market capitalization and the second biggest as far as image-based coins. SHIB has lost 18.1% during the last week and has around $23.8 billion market valuation. SHIB is down over 3% today and is trading for $0.00004395 per unit. 

Today, the Shiba inu value is more than 48% lower than the crypto resource’s ATH on October 28, at $0.00008616. There is $1.7 billion worth of worldwide SHIB exchange volume at the hour of composing during the most recent 24 hours. 

Regardless of being down lately, 30-day details show SHIB is as yet up 57%. In addition, SHIB’s year return is likewise far bigger than DOGE’s with a 62,589,642% increment. 

Not all image coins have been under this week as a huge number of lesser-known image based crypto resources have seen twofold digit gains. 

Jomon Shiba (JSHIBA), Shih Tzu (SHIH), shibance token (WOOF), the doge NFT (DOG), and dogebonk (DOBO) have hopped 11% to 84.4% during the last week. DOBO’s 84% increases made the image money the top-performing image based resource during the previous week.

Steve Anderrson

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