Former Goldman Sachs analyst Murad Mahmudov has predicted that greater than 25 meme cash will make it to the record of the highest 100 largest cryptocurrencies by market capitalization.
Presently, there are seven meme cryptocurrencies in the highest 100, based on knowledge offered by CoinGecko.
Dogecoin (DOGE), after all, is the most important meme cryptocurrency by market cap. The OG Bitcoin copy gained prominence all the way in which again in 2013 after which exploded in recognition again in 2021 attributable to endorsements from varied celebrities, together with Tesla CEO Elon Musk. Even though DOGE remains to be removed from its 2021 peak, the cryptocurrency remains to be valued at $14 billion, which permits it to comfortably stay among the many high crypto market gamers.
Shiba Inu (SHIB) is the second-biggest meme coin, which is at the moment valued at $7.9 billion. The primary Dogecoin rival, which attracted loads of media consideration in late 2021 by briefly surpassing the principle canine on the block after a monstrous rally, is at the moment in fifteenth place by market cap. Its value motion has been by some means stagnant over the previous two years, nevertheless it stays among the many largest cryptocurrencies.
Associated
Pepe (PEPE), a memecoin upstart that goals to problem DOGE and SHIB, is in twenty seventh place. Solana-based canine meme coin dogwifhat (WIF) is in 51st after stealing the highlight earlier this 12 months with its large value positive aspects.
Bonk (BONK), Floki (FLOKI), and Brett (BRETT) are additionally in the highest 100. BRETT is the meme cryptocurrency from the record whose market capitalization is under the coveted $1 billion mark.
Different contenders?
There are different meme cash that might be on the cusp of getting into the highest 100. These embrace Popcat (POPCAT), BOOK OF MEME (BOME), and Mog Coin (MOG).
Former Goldman (*25*) Predicts at Least 25 Meme Coins in Top 100 u.as we speak 2024-08-12 09:02:51
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