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Meme Token Economy

Meme Coins Lose Steam: $20 Billion Wiped From Market Since May

Meme Coins Lose Steam:  Billion Wiped From Market Since MayDuring the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token […]

XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

Meme Coin Economy Swells by .8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still HighThe meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan. 9, 2023, the overall value of the […]

XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure