Top memecoins are posting daily outflows although gains are recorded in some cat-themed and dog-themed tokens. While liquidations continue in the cryptocurrency market, some memecoins have rallied in the same period.
The market capitalization of cat-themed memecoins stands at $1.7 billion, a 6.6% drop today while dog-themed rivals are at $54 billion, a slight 0.7% drop in the last 24 hours.
Outflows From Top Assets
As investors mark short-term exits from the market, some assets have suffered more outflows than others. Top cat memecoins like MEW have seen 19.7% exit in 24 hours and 43% this week. The plummeting figures creating a bearish outlook are due to reduced sentiments as the memecoin frenzy subsides.
Similarly, Mog Coin (MOG) and POPCAT have lost 8.9% and 16.9% respectively. While POPCAT’s weekly flows remain in the red zone, MOG holds a 13% inflow. This shows the previous growth of the asset despite recent slow movements.
WEN and CAT plunged 16% and 8% respectively
We współpracy z: https://coingape.com/trending/cat-vs-dog-themed-memecoins-where-are-weekly-flows-going/
