As of Sunday, July 23, 2023, the meme coin market has reached a valuation of $16.29 billion, showing an increase from $15.54 billion recorded a month earlier on June 22. This indicates a gain of over $759 million, or 4.82%, against the U.S. dollar in the leading meme coin economy.
Over the past 30 days, Dogecoin has experienced a growth of more than 10% and has risen by 1.3% against the U.S. dollar in the previous week. With a market valuation of $10.12 billion, Dogecoin represents 62.12% of the total value of the meme coin economy.
SHIB has seen a 1% increase against the U.S. dollar in the past month, although the statistics for the past seven days show a loss of 2.7%. With a market valuation of $4.61 billion, SHIB accounts for 28.29% of the overall value of the meme coin economy. Combined with Dogecoin, these two coins dominate 90.41% of the meme coin economy.
Pepe (PEPE), the third largest meme coin asset, has risen by 1.6% over the past month. However, PEPE’s value has decreased by 7.6% in the past week. With a market valuation of $628 million, PEPE represents 3.85% of the total value of the meme coin economy.
In the last 24 hours, the meme coin economy has witnessed a global trade volume of $528 million. The top three performers on Sunday were kabosu inu (KABOSU), 3d3d (3D3D), and pepemon pepeballs (PPBLZ), with gains ranging from 9.9% to 210% respectively.
The three largest decliners against the U.S. dollar in the meme coin assets were shibaken finance (SHIBAKEN), cheems inu (CINU), and Dingocoin (DINGO), experiencing losses ranging from 7% to 22% in the past day. In terms of 24-hour volume, DOGE leads, followed by SHIB and PEPE, while FLOKI takes the fourth position this weekend.