Memecoins
Best Performing Meme Coins in This Crypto Market Crash
The global cryptocurrency market started the week with a crash, with the overall market value of meme coins falling more than 5% to $50.8 billion. Despite the current situation, a few memecoins have defied all odds and demonstrated resilience and performance. Here’s an in-depth look at the top performing meme coins amid this market downturn.
1. Hoppy (hoppy)
Hoppy has established itself as one of the most successful players in the current market situation. With a price of $0.00007731, Hoppy saw a growth of 54.74% over the past day and a rise of 223.87% over the past week. This increase is particularly notable given the overall market environment.
Hoppy’s current market capitalization is $32,523,069, with a trading volume of $13,029,192 in the last 24 hours. There are 166,734,045,317 HOUBONE tokens in circulation out of a total supply of 420,690,000,000 HOPPY, demonstrating strong market demand and involvement.
HOPPY, a new meme coin inspired by Matt Furie’s frog character in the comic book “The Night Riders,” began trading on April 23, 2024. Hoppy’s memes have grown in popularity, showcasing his humor and unique strengths. Originating from internet culture, the Hoppy movement unites people and spreads joy through the magic of memes, solidifying its legendary reputation in various styles.
2. PepeFork (PORK)
PepeFork has also excelled despite the market decline. Based on EthereumPORK is currently trading at $0.00000002025, showing an increase of 9.02% in the last day and 52.87% in the previous week.
PepeFork has a strong presence in the market, with a market capitalization of $85.17 million and a 24-hour trading volume of $8.2 million. PORK has a large circulating supply of 41,416,368,453,399 tokens out of a total supply of 420,690,000,000,000 PORK, showing its wide acceptance and active trading.
PepeFork (PORK) is a meme coin whose value derives from internet culture and community enthusiasm, lacking a clear roadmap but offering flexibility and community-driven development. It stands out for having no transaction taxes, making it attractive to investors looking for higher returns.
Listed on major exchanges like Bitget, it is supported by reputable platforms for easy trading. The vibrant community surrounding PepeFork has played a key role in its success, driving its awareness and adoption in the crypto market.
3. Cat in a Dog’s World (MEW)
MEW’s performance has not been affected by the ongoing stock market crash. The token is trading at $0.004818 today, having seen growth of 8.33% and 10.98% over the past day and week respectively. The new memecoin on Solana has a market capitalization of $428.26 million.
With a circulating supply of 25,591,963,327 MEW, Cat in a Dog’s World has seen increased trading activity, with $119.1 million in trading volume over the past 24 hours.
MEW, or Cat in a Dog’s World, is a rising star in the coin community, challenging dog-themed tokens with innovative tokenomics and branding. Its unique burning process destroys 90% of tokens in the liquidity pool to create price stability, attractive to investors.
MEW also engages the Solana community through airdrops, fostering support and engagement. With plans to become the leading cat-focused cryptocurrency and reach a billion-dollar market cap, MEW has attracted interest from major exchanges. Investors are closely watching future developments in this growing coin phenomenon.
Conclusion
Despite the slowdown in the broader memecoin market, these prominent players have shown remarkable resilience and growth. Hoppy, PepeFork, MEW and Apu Apustaja have all demonstrated distinctive strengths that have allowed them to stand out in the current unpredictable market conditions. As the market progresses, these memecoins will be monitored for their potential profits and contribution to the broader crypto ecosystem.