Over the past day, cryptocurrency assets have continued to move laterally, with dog-themed memecoins seeing modest increases. These gains are not concentrated, as weekly gains are diminished by significant outflows from top assets. As traders try to shift to trending assets, relatively new memecoins have enjoyed inflows as leading assets fell.
As of the time of publication, the market capitalization of memecoins is $55.1 billion, up 6% over the previous day, while tokens with a dog motif are valued at $43.7 billion, up 6% over the same period. These are the best dog-themed memecoins available for sale in the current market.
Shiba Inu
Shiba Inu (SHIB) price is at 0.00002338 after a series of outflows in recent weeks. Memecoin has a market capitalization of $13.7 billion and a daily trading volume of $926 million. In the past 24 hours, SHIB has fallen by his 4.3%, and on the weekly basis he is back in the red with a withdrawal of 1.5%.
In the long term, there are many positive outcomes for the SHIB price, but recent negative flows give a bearish impression on the investment. Memecoin holders are often very flexible during short-term corrections to avoid losses.
Dogwifhat
Dogwifhat (WIF) has emerged as the leading dog-themed meme coin in recent months and has seen a lot of inflow. However, due to the recent market dissolution, the company lost its profitable position in the market. WIF price is $2.97, up 4.7% in the last 24 hours. The asset has fallen 8.2% this week, further strengthening the bearish mood.
The main reason why this asset is selling the top dog-themed meme coin is the decrease in daily trading volume and on-chain activity. With a market capitalization of $2.9 billion, this asset has lost its marked flow in the first quarter of 2024.
Corgi AI
CorgiAI (CORGAI) is a dog-themed meme coin that has suffered significant losses in recent weeks and is considering selling in the short term. The asset is down 4.5% today and 16.6% over the past seven days. Translated into asset losses, the monthly loss amounted to 38.4%.