The crypto market seems to be going nowhere but up. Bitcoin nears $60,000, Ether has been surfing above the $3,000 wave for four days, currently sitting at the $3,330 level, and the rest of the market continues to gain momentum.
Significant developments and a strong bullish sentiment have built up over the past couple of months, and as a result, the top gainers during this bull run are coming from every sector of the market. This is the case of Dog-themed coins, which currently sit among the cryptocurrencies with the best performance over the last few days.
Dog-Themed Coins Are Soaring
Dog-inspired cryptocurrencies are some of the most popular coins among the crypto community. The trend started with the popular internet doge meme and has inspired some of the most recognizable memecoins in the market.
The largest by market capitalization in this category, Dogecoin, currently stays out of the top ten cryptocurrencies by this metric. However, it has remained close to the top with its 11th place.
Top ten dog-themed coins by market cap. Source: CoinGecko
The Dog-themed market cap has shown a 12.8% growth in the last 24 hours, as CoinGecko data shows. The sector’s market capitalization sits at an impressive $23.8 billion, and the dog-based coins trading volume reached over $4.25 billion in the last 24 hours.
The chart above shows that the top ten dog-inspired cryptocurrencies display positive performance, with green numbers all over the board in the last 7 days.
Impressive Performance From WIF, FLOKI And More
Dogecoin, Shiba Inu, and Bonk lead the dog-inspired market. However, none of these tokens are among the top five gainers on the last day or week.
At writing time, the coins that have seen the best performance in this category include dogwifhat (WIF), FLOKI (FLOKI), Samoyedcoin (SAMO), Myro (MYRO), and Chihuahua Chain (HUAHUA). Let’s take a look at the 3 top gainers:
Dogwifhat (WIF)
WIF’s price jumped 41.9% during the last day and now trades at $0.7765. Earlier today, the coin’s price recorded a new all-time high (ATH) after reaching $0.79.
Just last week, a crypto analyst predicted that the price of WIF was about to go “turbo parabolic” and possibly reach $1. Fans of the project have shown their excitement by suggesting that investors “keep their hats on” during this leg of the rally.
Dogwifhat’s daily trading volume of $123.5 million represents a 34.30% increase from one day ago. This hints at a recent…
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