The world of cryptocurrency is a rollercoaster of highs and lows, where fortunes are made and lost in the blink of an eye. Today, we dive into the top crypto tokens that have skyrocketed in the past 24 hours and examine their categories.
Meme coins have surprisingly outpaced Bitcoin in attracting investors. If you come across crypto enthusiasts who know about meme coins but are unfamiliar with Bitcoin or Ethereum, don’t be surprised. In the past 24 hours alone, the meme coin sector has skyrocketed by an astounding 7,645%. The standout performer is a newly launched meme coin on the BNB Smart Chain, Baby Binance, which has surged a jaw-dropping 117.92 million percent.
Currently, this token trades at $0.060123 with a market cap of $3.31 billion. The entire meme crypto sector now boasts a market cap of $49.35 billion, with a trading volume of 62,162 BTC over the last day.
For cat lovers, the crypto world offers a delightful selection of cat-themed tokens. This niche category, comprising thousands of tokens, has a combined market cap of $2.5 billion and commands a market dominance of 0.11%. Over the last 24 hours, this category has seen a price increase of 20.23%, with Cat Finance token leading the pack with an incredible 1,881.73% surge. CAT is currently priced at $0.0001421, down 61% from its all-time high. This token has also experienced a significant trading volume increase of 5.2M%.
Social money tokens have seen a notable 18.21% rise in the past 24 hours, although their market cap remains modest at $65 million, a slight decrease of 0.07%. This category holds a market dominance close to 0%, with HollyGold emerging as the top performer, boasting a 139.82% increase. The trading volume for this category stands at 80 BTC.
Video tokens have surged by 11.79% over the last 24 hours, positioning them fourth on our list. Despite their market dominance of just 0.02%, they hold a market cap of $4.8 billion, with HollyGold once again leading as the top performer.
Marketing crypto tokens, another sector dominated by HollyGold, have seen an 11.60% increase in the past 24 hours. This category now has a total market cap of $517 million, with a trading volume of 471 BTC recorded.
Well, in the crypto world, new tokens and categories emerge daily. While some experience meteoric price increases, they may lack fundamental value and utility.
Here’s our tip: Don’t let FOMO dictate your investment decisions.
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