The meme coin economy has seen remarkable growth in the last 27 days, increasing by 34.52% against the US dollar. The largest meme token in terms of market capitalization, dogecoin, has risen by 29.5% over the same period. Shiba Inu has seen even greater gains, up 71.9%. Since January 9/2023, the total value of the meme token economy has grown by $5.8 billion.
Dogecoin and Shiba Inu Dominate Meme Coin Market With 94% Market Share
Since January 9/2023, the meme token economy has seen significant gains against the US dollar. According to statistical data from January 9/2023: archive.org, the meme coin economy was valued at $16.8 billion 27 days ago. As of 9 AM ET February 5/2023: the current value of the meme coin economy at $22.6 billion marks a 5.4% increase from the day before.
The total value of meme tokens has grown to $5.8 billion in the last 27 days and