These Dog-Themed Meme Coins Kick Off July On A High
The crypto market notched a recovery today with multiple sectors like dog-themed meme coins and Solana tokens moving above the market. These gains come following an extended period of downtrend that saw the price of Bitcoin (BTC) fall to $61,000. The recent upswing has seen an uphill movement in the prices of top crypto assets.
Meme coins have equally picked up pace in the last 24 hours after multiple assets pierced double-digit inflows. Specifically, dog-themed tokens are up hitting 4% as the total market cap hits $36.2 billion while daily trading volume surged to $2.25 billion. Here are the top-performing dog-themed tokens at the start of the month.
Shiba Armstrong
This asset gained 33.6% today and trades at $0.001264 amid bullish projections for this month. Although monthly figures declined recording 25% outflows, bulls maintain a positive weekly drive. The asset is up 42% in the last seven days driving the price above the wider market.
According to data from CoinGecko, daily trading volumes for the asset stand at $81,000, a figure that many expect to soar as bullish activity ignites.
Cheems
Cheems price grew to $0.001547 today after recording a 28.7% price surge. In the last seven days, the asset pulled a 48.6% increase sparking a rally and fresh optimism. The near 50% inflow saw its price almost double while top cryptos were riddled with fluctuations. However, previous losses at the pick of market corrections threaten the bullish drive.
Last month, the dog-themed meme coins saw its outflows hit 58.9% plummeting its market capitalization to $3.7 million while daily volumes are up to $126,000.
Eggdog
Eggdog price grew 13% becoming a top-gaining dog-themed meme coin today. The asset’s price exchanges hands at $0.0007878. Last week, bullish sentiment pushed the asset above 26% despite corrections from several quarters. The asset’s market cap and low trading numbers signal the probability of more investment, users argue. The total market cap stands at $787,000 while daily trading volume is at $102,000.
Also Read: Solana Bulls Eye $150, What’s Next For The Asset?
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