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FLOKI and DOGE Lead Top Meme Coin Rebound in Crypto Market

FLOKI and DOGE Lead Top Meme Coin Rebound in Crypto Market

After a spike in intraday trading that witnessed inflows of FLOKI, DOG, and other meme coins, digital assets continue their positive uptrend. Gains in the market might also be observed in popular cryptocurrency assets, including Solana (SOL), Ethereum (ETH), and Bitcoin (BTC). While meme currencies surged above $66.3 billion, the overall market worth is now over $2.56 trillion.

Except for MAGA, the top ten coins for memes have shown positive inflows. As the US election drew nearer, the Trump-themed tokens experienced a downturn following a run of spectacular victories. Among the top 10 meme coins by market capitalization, FLOKI and DOG have had the most asset growth.

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Top Dog and Floki Charts

Meme tokens have increased in value during the last day due to inflows into popular assets. The well-known asset FLOKI had profits of 12.8%, partially offsetting the weekly losses on the investment. Due to the general market decline over the past seven days, FLOKI has seen 1.7% outflows, but long-term growth is still in the green. The asset’s monthly flows increased to 43.2%, contributing to its 744% annual drive.

With a jump in market value to $2.6 billion and daily trading volumes of $613 million, FLOKI has emerged as one of the top meme coins. As of this writing, FLOKI is trading at $0.0002711.

Outperforming most other assets, DOG, the ninth-largest meme coin by market capitalization, experienced gains of 27.9%. The meme coin trades at 0.0095 and has a $945 million market capitalization. Due to weekly inflows, this month, the asset has gained 125% and 215%.

Greater Assets Accrue Profits

While several assets had little dips, overall market sentiment improved. Solana and Bitcoin had increases of 1.88% and 1.25%, respectively. More notable increases were seen by BNB, whose price increased to $634 after climbing 4% and seeing a 70.3% increase in trading volume. Memes such as dogwifhat, BONK, and Brett saw a rise in value. But there were minor losses for PEPE, Shiba Inu, and Dogecoin.

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