Dogs, cats or frogs?Which animal currency leads to rise in this round of bull market?

Author: Tom Mitchelhill, Cointelegraph; Compilation: Deng Tong, Bit Chain Vision Realm

Memecoin traders fell into a battle of species. As the price of cryptocurrencies approached a historical high, tokens with the theme of frogs, dogs and cats have soared three or four digits in the past month.

In the past 24 hours, the dogs led by Doge and Shib (Doge) and Shib have generated a transaction volume of more than $ 24.2 billion, and tokens based on cats, such as based on the theme of cats, such asSolana’s POPCAT (POPCAT), based on Coingecko data, the transaction volume within the same time is $ 63.4 million.

The daily transaction volume of the Dog’s theme has exceeded US $ 24 billion.Source: Coingecko

However, some animal -themed tokens are better than other tokens.

The best dog -themed tokens last month were MEMECOIN DOGWIFHAT (WIF) based on Solana, which increased by 620%from last month. The price rose from US $ 0.22 on February 4 to $ 1.55 at the time of release.

Since its establishment on November 20, the return rate of WIF has exceeded 100,000%, although few traders will realize the return of the token.

At the same time, the best catcoin is based on Solana’s Popcat (POPCAT), which has risen by more than 1,400%in the past 30 days, rising from US $ 0.006 on February 4 to $ 0.10.

Popcat rose more than 1,400%last month.Source: Coingecko

Dog coin also experienced a sudden rise last week, the increase in the past 7 days was slightly higher than 117%.Similarly, Shiba Inu coins rose more than 323%in the same period of time.

In addition to cats and dogs, a small number of tokens with the theme of frogs performed strongly. Among them, Memecoin Pepe (PEPE) is in a leading position.

After the historical high hit by May 6, 2023, PEPE was widely announced “death”, but starting from February 25, PEPE’s price and transaction volume began to grow rapidly.

PEPE broke through the previous historical high of $ 0.00000372 on March 2, and the price has doubled since then.As of the release of this article, the transfer price of PEPE is 0.00000802 US dollars, andIt has risen 781%in the past 30 days.

PEPE has created more than $ 4.2 billion in transaction volume in the past 24 hours.

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