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Dog meme coins including Dogwifhat (WIF), FLOKI, and Bonk (BONK) pumped over the past 24 hours to boost the collective capitalization of these canine-themed cryptos by almost 3% to $49.2 billion.
Top-performing dog-themed coins (Source: CoinGecko)
The pump came even as crypto leader Bitcoin slid almost 1% to $68,030.11 as of 5.26 a.m. EST amid concerns of selling pressure after defunct crypto exchange Mt.Gox moved almost $7.3 billion worth of BTC to an unknown address.
SAMO And BENDOG Keep Weekly Streaks Going
Byte (BYTE) was the best performer after soaring 43%. Samoyedcoin (SAMO) and Ben the Dog (BENDOG) recorded the next biggest gains of over 33% and more than 34%, respectively.
SAMO’s latest surge was a continuation of its stellar performance over the last 7 days. With its recent increase, the crypto’s value has more than doubled in the past week. Similarly, BENDOG’s recent uptick elevated its weekly performance to more than 63%.
The positive trend seen in the dog-themed coin market continued over the past hour. SAMO led the charge on the shorter time frame after it surged more than 6%.
BonkWifGlass (BONG) surged more than 5%, while I love puppies (PUPPIES) jumped 6% in the one-hour timframe.
FLOKI, WIF, And BONK Gain While Leading Dog Meme Coins SHIB And DOGE Lag
Some of the biggest dog-themed meme coins by market cap also posted 24-hour gains. WIF, the canine-themed crypto boasting the third largest market cap, jumped over 4%. This pushed the altcoin’s weekly performance deeper into the green zone to more than 16%.
FLOKI and BONK both saw their prices increase over 20% in the last 7 days. This comes after FLOKI gained another 3% and BONK recorded a slight increase in price over the past 24 hours.
As canine-themed altcoins pump, hot presale tokens like Dogeverse (DOGEVERSE) and WienerAI (WAI) are likely to get a boost, too.
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
Investors continue to pile into DOGEVERSE as its launch nears with over $15 million raised, while analysts say WAI could be a 100x opportunity.
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