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Meme coins are having a green day.
Over the past 24 hours, the meme coin market capitalization has increased by 2.5% to $58.3 billion.
Very few coins are red today.
The MOO DENG (MOODENG) coin has suffered the biggest loss over the past 24 hours. It’s down 20.1% to $0.00008239.
JESUS COIN (JESUS) is next, with an 11.5% drop, followed by HarryPotterObamaSonic10Inu (ETH) and Toshi (TOSHI), with decreases of around 9% each.
On the other hand, Goatseus Maximus (GOAT) is the day’s top gainer, having appreciated nearly 140% to $0.1098.
Harambe on Solana (HARAMBE)’s 45.3% led it to the price of $0.04606, while sixteen other coins recorded double-digit increases.
When it comes to the top 10 meme coins per market cap, only three are down today.
Baby Doge Coin (BABYDOGE) saw a 1.8% drop, followed by Dogwifhat (WIF)’s 0.8% and Coq Inu (COQ)’s 0.3%.
The day’s best performer is Floki Inu (FLOKI). It’s up 6.4% to $0.00015.
It’s followed by Turbo (TURBO)’s 4.8% and Pepe (PEPE)’s 4.7%.
The number one meme coin per market cap, Dogecoin (DOGE), appreciated the list. It’s up less than 0.5%, trading at $0.11208.
In current meme coin news, Andrei Grachev, co-founder of DWF Labs, a digital asset market maker and multi-stage Web3 investment firm, argued that the meme coin market has evolved to reach maturity.
In a tweet, he said this market segment is “a well-established and mature part of the industry.”
According to Grachev, it “leveraged fear and greed on steroids that allows smart investors
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