as cryptocurrency market rallies


On April 20, Dogecoin (DOGE) experienced a surge in value, marking what has been dubbed “Doge Day”. Within 24 hours, DOGE saw a 6.22% increase in value, with over $1.5 billion worth of the meme coin being traded.

According to CoinMarketCap, DOGE’s current price of $0.1615 per token is a 6.2% improvement from seven days ago and a 3.6% increase from a month ago. However, it is still down by almost 19% compared to its value from 14 days prior.

Ranked 11th in market capitalization and the second-largest meme coin in the world, Shiba Inu (SHIB) also experienced a spike in value, with a 16% increase over 24 hours. This upward trend for SHIB has been ongoing for over a week, following a period of correction. Its 24-hour trading volume was $1.4 billion, making it the eighth most traded cryptocurrency.

Floki (FLOKI), which is among the top five biggest meme coins by market cap, had the highest price increase in the last 24 hours. Trading at $0.0001705, FLOKI is up by over 20%, although its trading volume was much lower at $360 million.

Over the past week, FLOKI’s value has increased by over 16% and over 454% from a year ago. However, it is still in the red over the 14 and 30-day timeframes, with a 17% decrease over seven days and a 23% decrease over 30 days.

In the top spot for meme coin performance over the past 24 hours is ERC20, with an incredible 1,231% increase in value. Other top performers include Solana, Popcat, and Bonk (BONK), with price increases of 96%, 48%, and 41%, respectively.

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