By Bitcoin.com - 2 tau ki muri - Wā Pānui: 2 meneti
Ko DOGE raua ko SHIB i arahi i te Paahi o nga Rawa Meme-Based i te tau 2021, Ko nga Tohu e rua te rangatira 85% o te Ohanga Meme-Coin
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market valuation today.
Meme-Based Crypto Economy Taps $46 Billion in 2021
It’s been a good year for meme-based crypto assets like dogecoin (DOGE), the OG of meme-based assets, which has seen its market valuation swell by 4,375.9% year-to-date (YTD). Dogecoin ko te nui rawa meme-based crypto asset in terms of market capitalization as it commands a valuation of around $22.8 billion on Sunday, December 19. The tuarua-nui meme coin, in terms of market capitalization, is shiba inu (SHIB). The crypto asset SHIB has gained a whopping 46,960,505.7% against the U.S. dollar YTD.
Both of these coins have inspired other meme-based crypto assets to thrive. Dogelon mars (ELON) has become the fifth-largest meme crypto market valuation with $591 million, and baby doge coin (BABYDOGE) has a $258 million market cap and holds the sixth-largest position today.
Dogecoin a Shiba Inu inspired a great number of “dog” or “shiba inu-breed” coins in 2021 as well, as there are dozens of tokens with these names. Despite the massive amount of meme-based assets in 2021, NGĀPAI a poroporoaki are the most dominant by capturing 85.28% of the meme crypto economy.
He Tatini Meme Moni i kite i nga hua takirua me te toru-maama i tenei wiki kua hipa, ko nga tohu meme kei raro iho i te DOGE me te SHIB e tohu ana i te 0.296% o te katoa o te ohanga Crypto.
Ahakoa dogecoin a Shiba Inu has slipped in value in recent weeks, during the last seven days, a great swathe of meme coins saw double and even triple-digit gains. The wallstreetbets dapp (WSB) token jumped 177.5% this past week and Solana’s kitty coin (KITTY) increased by 117.9% this week. Jejudoge (JEJUDOGE) spiked 112% during the last seven days and woofy (WOOFY) climbed 47%. Other notable meme-coin risers this week include shibavax (SHIBX) up 37.2%, smugdoge (SMUG) up 24%, and spell token (SPELL) jumped 23% this past week.
Despite the myriad of meme-coins in existence today, NGĀPAI a poroporoaki are still leaders of the pack by a long shot. The two have much larger market capitalizations, a lot more trade volume, and a level of acceptance beyond the meme asset below them. For instance, DOGE and SHIB are leveraged on a large swathe of exchanges, and merchant processors like Bitpay support both coins. Besides dogecoin a Shiba Inu, the six billion nine hundred million dollar meme coin economy below them only represents 0.296% of the entire $2.32 trillion crypto economy.
What do you think about the fact that dogecoin and shiba inu command more than 85% of the meme-based crypto-asset economy worth $46.9 billion today? Let us know what you think about this subject in the comments section below.
Kuputuhi taketake: Bitcoin.com