Pin it! Market Performance and Impact:
Despite their seemingly frivolous nature, meme coins play a unique role within the crypto market. While they may lack tangible economic value, they offer emotional support and recognition to specific communities. In 2024, meme coins contribute approximately 2.19% to the global crypto market cap, with notable contenders like Dogecoin and Shiba Inu experiencing remarkable surges in market capitalization and trading volume.
Added in Cryptocurrency
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