Meme zone market capitalization breaks 50 billion USD, DOGE and Pepe lead the way.

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Meme zone market capitalization突破 500 亿美元,DOGE和青蛙主导市场

According to statistics from a certain data platform, the total market capitalization of the Meme zone has reached 50 billion USD, equivalent to approximately over 300 billion RMB. The daily trading volume of this zone reaches 4 billion USD, with a liquidity of 8%.

This market capitalization scale has already surpassed the liquidity staking zone (47 billion USD) and the NFT market (less than 30 billion USD). Even the highly watched Layer2/Depin track has a market capitalization of only over 20 billion USD.

In the meme market of over 300 billion, besides DOGE, is it just frogs?

Meme coins become an investment hotspot

In May this year, a trading platform released a report indicating that the Meme zone has increased by 331% this year, far exceeding other zones. In contrast, many VC-backed projects face unlocking pressure after listing, resulting in higher investment risks.

Meme coins do not have this concern, usually being fully circulated upon listing. In recent years, many ordinary investors have accumulated wealth through meme coins. For ordinary users lacking quality projects at low prices or unique insights, researching meme coins may be a better option.

In the meme market with a market capitalization of over 300 billion, besides DOGE, is it just frogs?

DOGE series dominates the market

In the top 10 list of Meme market capitalization, there is a pattern of "six dogs, three frogs, and one cat." The first place, DOGE, has a market capitalization of over 17 billion dollars, accounting for 35% of the total market capitalization of the sector. The second place, Shiba Inu (SHIB), has a market capitalization of about 10 billion dollars.

Other well-known DOGE series tokens include:

  • FLOKI: market capitalization 1.7 billion USD
  • Bonk: market capitalization 1.6 billion USD, last year investors could have gained a hundredfold return
  • WIF: market capitalization exceeds 2 billion dollars, ranking fourth
  • DOG•GO•TO•THE•MOON (Runes): market capitalization over 500 million USD, ranked ninth

In a meme market worth over 300 billion, besides DOGE, is it just frogs?

Rise of the Frog Series

In the frog series, Pepe is undoubtedly the leader. Although it has been on the market for just over a year, there were good investment opportunities throughout last year. Pepe's cultural influence has even extended into the political realm.

Brett is another highly regarded frog token, originating from the same source as Pepe, both from the work "boy's club" by cartoonist Matt Furie. Since its launch in March of this year, Brett's market capitalization has grown by hundreds of times, currently reaching 1.5 billion dollars, ranking seventh in the Meme zone.

Ranked eighth, Bome is also a frog token initiated by Pepe remixer darkfarms.

In the meme market with over 300 billion, besides DOGE, is it just frogs?

Matt Furie: The Soul of the Frog Meme

The characters created by Matt Furie have performed brilliantly in the Meme coin market:

  • Hoppy: market capitalization exceeds 50 million dollars
  • Andyd: market capitalization 150 million USD
  • Landwolf: market capitalization 140 million USD

Furie's latest work Dark Lord is released in the form of NFT and may become a noteworthy investment opportunity in the future.

As the competition among frog DOGE in the Meme zone becomes increasingly fierce, the emergence of a new popular frog token is not impossible.

In the meme market of over 300 billion, besides DOGE, is it just frogs?

MEME4.15%
DOGE7.04%
PEPE12.54%
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DAOdreamervip
· 08-02 23:30
This is outrageous, it's even bigger than l2.
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ShibaOnTheRunvip
· 08-02 23:27
Can you be a little slower next year?
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GateUser-40edb63bvip
· 08-02 23:02
Encryption suckers charge!
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