The swiftly evolving crypto realm has witnessed a significant position of memecoins in an exclusive category. Phoenix, a popular crypto analytics company, has recently shared the list of well-known meme coins based on their weekly trading volume, indicating a consistent investment and interest. The analytics firm published the respective list on its official social media account on X.
TOP #MEME TOKENS BY WEEKLY TRADING VOLUME$DOGS $PEPE $DOGE $FLOKI $WIF $NOT $PEOPLE $SHIB $BOME $BONK $CAT $SUNDOG $POPCAT $TURBO $PEIPEI pic.twitter.com/n6jhVy0OZo
— PHOENIX – Crypto News & Analytics (@pnxgrp) September 1, 2024
$DOGS Leads Memecoins with a Weekly Trading Volume of $5.91B
The meme coin $DOGS has reportedly topped the list in terms of trading volume. Its weekly trading volume has reportedly reached the $5.91B mark. In addition to this, the $DOGS token has seen a price change of -4.3% in the recent seven days. The 2nd project in the respective list takes into account $PEPE with a weekly trading volume of $3.42B. It has seen an -18.9% price change over the week.
Following that, $DOGE has obtained the 3rd spot in the list. The meme project’s weekly trading volume has touched $2.90B. Additionally, it has experienced a -11.1% price change over the past seven days. Subsequently, $FLOKI has taken 4th place with its weekly trading volume reaching $2.01B. The meme token project has recorded a -18.7% price change. After that, the list places $WIF as the top 5th meme project. The weekly trading volume of $WIF has reportedly reached 1.91B with a price change of almost -23.7%.
Apart from that, $NOT has recorded a weekly trading volume of approximately $1.48B. It also sees a price change of up to -13.6%. $PEOPLE has witnessed $994M in its weekly trading volume, with its price seeing a change of -12.4%. Along with that, SHIB’s weekly trading volume of $934M has placed it at the 8th rank in the list, with its price going through a -11.4% change.
$BONK’s Weekly Trading Volume Places It in the 10 Entry in the place
Next, with $659M in its weekly trading volume $BOME occupies the 9th position. $BOME has also reached $659M in the weekly trading volume thereof while the project’s price beholds a -23.2% change. $BONK’s 10th spot disclosed its weekly trading value of nearly $453M. These crypto tokens are usually highly volatile and speculative while continuously capturing substantially high trading volumes.
