Meme Coin Economy Grows by $759M in 30 Days: DOGE and SHIB Still Dominate the Market

Meme Coin Economy Grows by $759M in 30 Days: DOGE and SHIB Still Dominate the Market

The top meme cryptocurrency assets, as ranked by market capitalization, have increased in value by $759 million over the past 30 days. Dogecoin (DOGE), leading the pack of meme coins, has risen more than 10% in the last month. Meanwhile, the second and third largest meme coins, shiba inu (SHIB) and pepe (PEPE) have seen increases of 1% and 1.6% respectively.
Meme Cryptocurrencies Gain $759M in a Month, Led by Dogecoin
As of Sunday, July 23, 2023, the meme coin economy is valued at $16.29 billion, up from $15.54 billion a month earlier on June 22. This indicates a gain of more than $759 million, or 4.82%, against the U.S. dollar in the top meme coin economy.
Over the past 30 days, dogecoin has increased by more than 10% and has risen 1.3% against the U.S. dollar this past week. With a market valuation of $10.12 billion, Dogecoin represents 62.12% of the total value of the meme coin economy.

SHIB has increased 1% against the U.S. dollar over the past month, though seven-day statistics s

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