For the second day in a row, meme cryptocurrencies are the best performers among the 100 largest cryptocurrencies. Dogecoin (DOGE) and Shiba Inucoin (SHIB) are two of the largest meme coins that have managed to reach huge market cap milestones despite the crypto benchmark being in the red. Dogecoin (DOGE) outperformed all cryptocurrencies, with SHIB and POPCAT following closely behind The oldest meme cryptocurrency Dogecoin (DOGE) is the fastest growing cryptocurrency among the top 100 today (November 5, 2024). It is up 7.8% in the past 24 hours. Its market cap is over $25.02 billion, according to statistics from the CoinGecko tracker.
The second largest meme cryptocurrency, Shiba Inu (SHIB), also topped the list of today’s gainers. The coin surged 3.7%, and SHIB’s market cap quickly surpassed $10.5 billion.
Popcat (POPCAT), the largest cat-themed cryptocurrency and the most popular “murad meme coin,” is the second-fastest growing cryptocurrency today, up 4.5% overnight.
POPCAT is battling with another major meme coin, Bonk (BONK), for the position of the 63rd largest cryptocurrency. Bonk (BONK) is up 3.7% in the past 24 hours. Four of the top five performers in the top 100 are meme coins. Bitget exchange’s core native cryptocurrency BGB joins them in the elite club. Cat in Dogs World (MEW) Returns to Top 100 Cryptocurrencies In addition, some lesser-known meme coins have reached their respective highs. Cat in Dogs World (MEW), the first cat coin to enter the top 100, has returned to the list. After a 3.5% gain, its market cap has almost reached $750 million. MEW is struggling to stay in the top 100 amid competition with FLOW and another meme coin, BRETT. Meanwhile, the cryptocurrency market benchmark remains negative. The sector’s total market cap is down 1.2% today and is on track to fall below $2.4 trillion.
