The meme cryptocurrency MEME has significantly outperformed its counterparts, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
What Happened: MEME’s value soared by 50% to trade at a price of $0.33, despite its peers experiencing declines; DOGE and SHIB fell by 2-4%, trading at $0.074 and $0.000008548, respectively.
Alongside the price surge, MEME’s market capitalization expanded by 46.54% to reach $288 million. Furthermore, its trading volume saw an exponential increase of 780.47%, amassing a total of $1.2 billion within the same time frame.
Why It Matters: The MEME cryptocurrency is unique as it was straightforwardly launched with the declaration that it stands solely as a meme coin. The ...