Dogecoin managed to storm back into the CoinMarketCap top 10 after a double-digit price increase.Moreover in the past week, Dogecoin Foundation Developer, Michi Lumin, unveiled the initial release of libdogecoin, a C library of Dogecoin building blocks by the Dogecoin Foundation.
The live dogecoin price today is $0.07865.Dogecoin has also reclaimed the 10th spot with a market cap of $10.47 billion.
Bitcoin price surged above the $25,000 level for the first time since June 13
The world’s largest and most popular cryptocurrency Bitcoin was trading over a percent higher at $25,200 yesterday . The live Bitcoin price today is $24,807.40, up by 2% in the last 24 hours.
The global crypto market cap today was above the $1 trillion mark, even as it was almost flat in the last 24 hours at $1.23 trillion.
This article features the top 3 best meme coins with huge growth potential.
1.BABY DOGE:
Baby Dogecoin is a crypto asset created by the online Dogecoin community. Being a deflationary token, Baby Dogecoin has been designed to get scarce with time. Whereas some crypto teams simply destroy coins to limit the number of coins in circulation, Baby Doge also adds coins to holders’ wallets each time they make a transaction, and some coins are added to the decentralized exchange Pancake Swap as part a liquidity pair.Reaching the impressive milestone of 1.2 million users, baby dogecoin has posted astonishing highs since late December, causing many to believe in the potential of the digital asset.
On Aug. 10, Baby Doge announced in a Tweet that the Baby Doge Swap testnet will go live on Aug. 15 or possibly a day earlier.If the new swap gives a good user experience, its use by the huge Baby Doge community may make it a major DEX player.The Baby Doge team will embark on an aggressive marketing drive preceding the launch of its swap.
Shiba Inu, created in August 2020 by Ryoshi, is a joke coin or meme coin which was launched as a rival to Dogecoin.SHIB token allows users to hold Billions or even Trillions of them. Shiba Inu just revealed its historic partnership with The Third Floor (TTF) for the building of its SHIB.io Metaverse. Shiba Inu is showing the best performance.Shiba Inu is continuously moving to the upper border of the consolidation range. Shiba Inu is transforming itself from a meme coin to a valuable cryptocurrency for crypto investors.
Additionally, we are seeing a steady rise in the volume of burned Shiba Inu tokens that act as great fuel for the token with such a large circulating supply that remains in the hands of retail investors.
Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba. Inu on its logo. The open-source digital currency was created by Billy Markus. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.Dogecoin has become quite popular among crypto whales with raising digital asset values. Dogecoin has now become an established cryptocurrency through the amount of people who are investing in it. The backing from Elon Musk and investor Mark Cuban have bolstered the Dogecoin community, and will continue to do until the end of 2022 and beyond.
Transactions on the Dogecoin network are low-cost and far lower than the cost of sending Bitcoin or Ethereum.Dogecoin is one of the most widely accepted cryptocurrencies by merchants.Despite the low Dogecoin prices in July 2022, the largest wallets are continuing to buy up DOGE and add to their totals.
BITCOIN (BTC) PRICE | BITCOIN IS TRADING ABOVE $24,500
The live BITCOIN price today is $24,707.40 USD. Bitcoin has surged by 3.12% in the last 24 hours. With BTC closing in on $25,000 for a while, investors may expect it to hit the milestone soon.
BABY DOGE COIN TO LAUNCH ITS SWAP IN THE COMING DAYS
On Aug. 10, Baby Doge announced in a Tweet that the Baby Doge Swap testnet will go live on Aug. 15 or possibly a day earlier.
If the new swap gives a good user experience, its use by the huge Baby Doge community may make it a major DEX player.The Baby Doge team will embark on an aggressive marketing drive preceding the launch of its swap.
170 million SHIBA INU tokens have been burned so far
The rising number of burned coins correlates with the price increase of the asset on the market.In the last 50 days, Shiba Inu gained more than 50% to its value, which attracted the attention of numerous retail whales that returned to buying an enormous amount of Shiba Inu tokens, which could fuel the most recent price increase.
The burn rate of the biggest memetoken In the industry spiked massively after the market saw a surprising increase in trading volume on a Shiba Inu whale address.
SHIBA INU:Whales are purchasing a significant amount of Shiba Inu.
Shiba Inu was one of the top 10 most purchased assets among the top 2,000 ETH whales in the last 24 hours. Shiba Inu just revealed its historic partnership with The Third Floor (TTF) for the building of its SHIB.io Metaverse, so Ethereum whales may see this as further positive potential to go by.
DOGECOIN PRICE:Dogecoin price surged by 6% in the last 24 hours
One of the biggest meme coins to invest in is Dogecoin.Dogecoin (DOGE) is one of the meme coins that garnered the most attention in 2022.Companies like Tesla have accepted DOGE as a payment method for purchasing their merchandise.