• bitcoinBitcoin (BTC) $ 99,121.00
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  • xrpXRP (XRP) $ 2.43
  • tetherTether (USDT) $ 0.999953
  • solanaSolana (SOL) $ 229.19
  • bnbBNB (BNB) $ 728.89
  • dogecoinDogecoin (DOGE) $ 0.440679
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 1.14
  • staked-etherLido Staked Ether (STETH) $ 3,886.93
  • tronTRON (TRX) $ 0.301611
  • avalanche-2Avalanche (AVAX) $ 50.38
  • shiba-inuShiba Inu (SHIB) $ 0.000030
  • the-open-networkToncoin (TON) $ 6.49
  • wrapped-stethWrapped stETH (WSTETH) $ 4,614.73
  • chainlinkChainlink (LINK) $ 24.96
  • polkadotPolkadot (DOT) $ 9.65
  • stellarStellar (XLM) $ 0.461388
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 98,687.00
  • bitcoin-cashBitcoin Cash (BCH) $ 601.18
  • suiSui (SUI) $ 4.03
  • hedera-hashgraphHedera (HBAR) $ 0.308042
  • pepePepe (PEPE) $ 0.000026
  • wethWETH (WETH) $ 3,890.62
  • uniswapUniswap (UNI) $ 17.24
  • litecoinLitecoin (LTC) $ 125.00
  • nearNEAR Protocol (NEAR) $ 7.25
  • leo-tokenLEO Token (LEO) $ 9.38
  • wrapped-eethWrapped eETH (WEETH) $ 4,084.26
  • aptosAptos (APT) $ 13.50
  • internet-computerInternet Computer (ICP) $ 13.43
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.649389
  • usdsUSDS (USDS) $ 0.999991
  • ethereum-classicEthereum Classic (ETC) $ 34.76
  • vechainVeChain (VET) $ 0.063675
  • crypto-com-chainCronos (CRO) $ 0.188149
  • render-tokenRender (RENDER) $ 9.72
  • bittensorBittensor (TAO) $ 671.16
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.89
  • kaspaKaspa (KAS) $ 0.177428
  • arbitrumArbitrum (ARB) $ 1.08
  • hyperliquidHyperliquid (HYPE) $ 13.21
  • filecoinFilecoin (FIL) $ 7.18
  • aaveAave (AAVE) $ 272.64
  • mantleMantle (MNT) $ 1.17
  • algorandAlgorand (ALGO) $ 0.468477
  • mantra-daoMANTRA (OM) $ 4.13
  • blockstackStacks (STX) $ 2.50
  • moneroMonero (XMR) $ 201.60
  • cosmosCosmos Hub (ATOM) $ 9.42
  • bitget-tokenBitget Token (BGB) $ 2.61
  • whitebitWhiteBIT Coin (WBT) $ 24.98
  • fantomFantom (FTM) $ 1.24
  • celestiaCelestia (TIA) $ 7.74
  • okbOKB (OKB) $ 57.35
  • dogwifcoindogwifhat (WIF) $ 3.41
  • daiDai (DAI) $ 1.00
  • bonkBonk (BONK) $ 0.000043
  • immutable-xImmutable (IMX) $ 1.92
  • optimismOptimism (OP) $ 2.49
  • injective-protocolInjective (INJ) $ 31.09
  • ethenaEthena (ENA) $ 0.990816
  • theta-tokenTheta Network (THETA) $ 2.85
  • the-graphThe Graph (GRT) $ 0.295072
  • worldcoin-wldWorldcoin (WLD) $ 3.45
  • sei-networkSei (SEI) $ 0.637377
  • flokiFLOKI (FLOKI) $ 0.000260
  • solana-swapSolana Swap (SOS) $ 3.29
  • thorchainTHORChain (RUNE) $ 6.99
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,894.85
  • galaGALA (GALA) $ 0.055957
  • ondo-financeOndo (ONDO) $ 1.61
  • jasmycoinJasmyCoin (JASMY) $ 0.044537
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 99,066.00
  • the-sandboxThe Sandbox (SAND) $ 0.847742
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,363.47
  • based-brettBrett (BRETT) $ 0.197129
  • eosEOS (EOS) $ 1.22
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  • mantle-staked-etherMantle Staked Ether (METH) $ 4,087.97
  • lido-daoLido DAO (LDO) $ 2.01
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998772
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  • pyth-networkPyth Network (PYTH) $ 0.474361
  • kaiaKaia (KAIA) $ 0.289961
  • dydx-chaindYdX (DYDX) $ 2.36
  • jupiter-exchange-solanaJupiter (JUP) $ 1.24
  • flowFlow (FLOW) $ 1.07
  • iotaIOTA (IOTA) $ 0.467698
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  • arweaveArweave (AR) $ 24.93
  • flare-networksFlare (FLR) $ 0.029538
  • starknetStarknet (STRK) $ 0.711491
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,020.39
  • kucoin-sharesKuCoin (KCS) $ 13.30
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  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.58
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,001.96
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  • aerodrome-financeAerodrome Finance (AERO) $ 2.16
  • bitcoin-svBitcoin SV (BSV) $ 75.03
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 98,924.00
  • heliumHelium (HNT) $ 8.30
  • mog-coinMog Coin (MOG) $ 0.000004
  • movementMovement (MOVE) $ 0.676692
  • elrond-erd-2MultiversX (EGLD) $ 50.67
  • bittorrentBitTorrent (BTT) $ 0.000001
  • raydiumRaydium (RAY) $ 4.76
  • neoNEO (NEO) $ 19.56
  • fasttokenFasttoken (FTN) $ 3.22
  • curve-dao-tokenCurve DAO (CRV) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 8.65
  • xdce-crowd-saleXDC Network (XDC) $ 0.089549
  • tokenize-xchangeTokenize Xchange (TKX) $ 16.65
  • coredaoorgCore (CORE) $ 1.43
  • popcatPopcat (POPCAT) $ 1.34
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 1.31
  • decentralandDecentraland (MANA) $ 0.693398
  • ethereum-name-serviceEthereum Name Service (ENS) $ 39.00
  • matic-networkPolygon (MATIC) $ 0.649300
  • msolMarinade Staked SOL (MSOL) $ 285.02
  • apecoinApeCoin (APE) $ 1.70
  • aioz-networkAIOZ Network (AIOZ) $ 1.08
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 99,123.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.94
  • binance-staked-solBinance Staked SOL (BNSOL) $ 233.51
  • chilizChiliz (CHZ) $ 0.121218
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,888.39
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,089.62
  • conflux-tokenConflux (CFX) $ 0.228179
  • dydxdYdX (ETHDYDX) $ 2.36
  • havvenSynthetix Network (SNX) $ 3.14
  • akash-networkAkash Network (AKT) $ 4.20
  • zcashZcash (ZEC) $ 66.26
  • pendlePendle (PENDLE) $ 6.29
  • mina-protocolMina Protocol (MINA) $ 0.864737
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 98,463.00
  • eigenlayerEigenlayer (EIGEN) $ 4.75
  • wormholeWormhole (W) $ 0.356905
  • compound-governance-tokenCompound (COMP) $ 111.78
  • ecasheCash (XEC) $ 0.000050
  • notcoinNotcoin (NOT) $ 0.009394
  • nexoNEXO (NEXO) $ 1.49
  • ordinalsORDI (ORDI) $ 45.13
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 243.36
  • neiro-3Neiro (NEIRO) $ 0.002210
  • jito-governance-tokenJito (JTO) $ 3.51
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000001
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 98,666.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.440473
  • superfarmSuperVerse (SUPER) $ 2.01
  • amp-tokenAmp (AMP) $ 0.011213
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,890.34
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.008738
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,891.96
  • zksyncZKsync (ZK) $ 0.233034
  • oasis-networkOasis (ROSE) $ 0.124770
  • axelarAxelar (AXL) $ 0.965694
  • turboTurbo (TURBO) $ 0.012153
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009271
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000149
  • reserve-rights-tokenReserve Rights (RSR) $ 0.015346
  • roninRonin (RON) $ 2.19
  • blurBlur (BLUR) $ 0.379871
  • 1inch1inch (1INCH) $ 0.545933
  • gnosisGnosis (GNO) $ 287.23
  • echelon-primeEchelon Prime (PRIME) $ 14.45
  • usddUSDD (USDD) $ 0.998748
  • arkhamArkham (ARKM) $ 2.27
  • livepeerLivepeer (LPT) $ 19.69
  • nervos-networkNervos Network (CKB) $ 0.015705
  • safeSafe (SAFE) $ 1.39
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.709053
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,222.58
  • kavaKava (KAVA) $ 0.650219
  • layerzeroLayerZero (ZRO) $ 6.31
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  • book-of-memeBOOK OF MEME (BOME) $ 0.009860
  • kusamaKusama (KSM) $ 41.71
  • tether-goldTether Gold (XAUT) $ 2,668.36
  • dashDash (DASH) $ 54.40
  • usual-usdUsual USD (USD0) $ 1.00
  • super-oethSuper OETH (SUPEROETHB) $ 3,893.62
  • fraxFrax (FRAX) $ 0.996074
  • apenftAPENFT (NFT) $ 0.00000064
  • holotokenHolo (HOT) $ 0.003544
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000030
  • bitcoin-goldBitcoin Gold (BTG) $ 35.08
  • zilliqaZilliqa (ZIL) $ 0.031857
  • creditcoin-2Creditcoin (CTC) $ 1.49
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 99,216.00
  • spx6900SPX6900 (SPX) $ 0.651595
  • dexeDeXe (DEXE) $ 10.59
  • woo-networkWOO (WOO) $ 0.322740
  • 0x0x Protocol (ZRX) $ 0.704537
  • astarAstar (ASTR) $ 0.080339
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.42
  • enjincoinEnjin Coin (ENJ) $ 0.333502
  • chex-tokenCHEX Token (CHEX) $ 0.591061

Is Shiba Inu (SHIB) Downfall Due to Memecoins Dominance?

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Is Shiba Inu (SHIB) Downfall Due to Memecoins Dominance?

In recent times, Shiba Inu (SHIB) tokens have been performing well with the highest burn rate and unusual transfer of huge tokens. This resulted in the maximum count of SHIB active holders correspondingly. Meanwhile, there are several memecoins that emerged with a massive peak in their price. Some of the coins namely PEPE, WOJAK, and CHAD.

What’s New in Memecoins?

PEPE, a memecoin featuring a frog has been increasing its popularity in the crypto world. Currently, it has possessed holding 10,000 active holders over a maximum total supply of around 420 trillion tokens in the market. As per CoinMarketCap, the price of PEPE values to $0.0000002716 at a 130.92% increase in trading volume.

On the other hand, WOJAK is another memecoin connecting people through memes launched this week. This Ethereum-based memecoin got listed in Bitget, a crypto exchange along with PEPE. The market price started skyrocketing as soon as it got listed. Currently, the price of Wojak ranges at $0.0001388 at an 11.51% decrease in the trading volume.

Alongside, CHAD is another memecoin that rallies in the current crypto market. This has become extremely bullish among cryptocurrencies. For now, UniSwap v2 and v3 have listed CHAD for trading. However, it possesses a maximum supply of around 235 billion and is currently priced at $0.00001516 at a 4.45% increase in trading volume as per CoinMarketCap.

The rise of various memecoins with drastic support and opportunities might be the reason for the price decline of SHIB at the moment. Now, as per CoinMarketCap, SHIB ranges around $0.0000109 yet 8 million tokens have been transferred to a dead wallet in the last 24 hrs.

Source

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