After shiba Inu’s 260% gains over the past 30 days, baby doge (BABYDOGE) has taken the lead in market performance. Dogelon mars (ELON), another meme asset, has seen a 286% increase in value over the past week. In addition, the price of baby doge coins has risen 40% over the past seven days and more than 3.4% in 24 hours.
This Week Dogelon Mars and the Baby Doge Coin were valued
Bitcoin (BTC), which has risen to $60K, currently trades at $62K per unit. However, many other crypto-assets are following the rise of the most popular digital currency. While the original, meme-based crypto-asset dogecoin has seen its value rise by 6.4% in the past week, two other meme cryptos have experienced a rapid increase in their value in recent weeks.
As far as the top meme-based crypto assets, in terms of market capitalization, two unique tokens have seen massive gains. The spikes in value follow the second-largest meme-based crypto shiba inu’s (SHIB) significant rise a week and a half ago.
The first-largest mover as far as meme currencies are concerned is dogelon mars (ELON), which has increased by 73.6% in the last 24 hours. Weekly stats show ELON is up a whopping 314.8% in value and the crypto asset trades for way less than a U.S. penny at $0.000000619134 per unit.
While dogelon has made it to the third-largest market cap in terms of meme-based crypto assets, ELON’s cap is only $332 million. That’s a far cry from SHIB’s $14 billion market valuation and DOGE’s $32.5 billion.
Baby Doge Moves Up the Ladder to the 4th Largest Meme Currency Market Cap
On August 28, 2021, coingecko’s “Top Meme Tokens” by market cap indicated that dogelon mars held the eighth largest market position. Today, dogelon mars is holding the third spot, but by only $12 million, as the crypto asset baby doge coin (BABYDOGE) has captured the fourth position with $310 million.
BABYDOGE is up 40% this past week and over 3.4% during the last day. Just like ELON, the crypto asset baby doge coin is also trading for less than a U.S. penny. At the time of writing, BABYDOGE is swapping for $0.000000001700 per coin and during the last day, it saw $9,062,901 in 24-hour trade volume.
Meanwhile, SHIB has dropped 6.8% this past week and DOGE is down 3.0% over the last 24 hours. As far as market performance is concerned, dogelon mars and baby doge coin are outshining their predecessors.
