Shiba Inu, Dogecoin Trading Vol Spikes While Top Crypto Price Shed

Ashish Kumar
July 12, 2022 Updated June 30, 2025
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DOGE SHIB

The Global cryptocurrency market is on a continuous downtrend directly affected by macroeconomic factors. However, the top meme tokens have not shed much of their cap over the last 30 days.

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DOGE 24 hr trading vol up by 5%

As per the data, the meme cryptocurrencies cap has dropped by over 6% over the last day. It now stands at $14.2 billion. Meanwhile, they have registered a 24 hour trading volume of around $700 million.

As per Coin98 Insights, top meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have registered a trading volume of over $600 million in the last 24hrs.

The largest memecoin, DOGE held the share of $273.6 million from the record total. Meanwhile, its price has dropped by 7% over the past 30 days. Dogecoin is trading at an average price of $0.0608, at the press time.

As of now, DOGE’s 24 hour trading volume is gone up by 5% to stand at $327 million. It is holding a total market capitalization of around $8.15 billion.

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Shiba Inu price up by 16% over 30 days

However, Shiba Inu record a trading volume of $332 million. It is the biggest share held among the meme tokens. Last month has proved to be good for the second largest meme crypto. As per the data, SHIB’s price has jumped by over 16% in the last 30 days.

Shiba Inu is trading at an average price of $0.00001, at the press time. As of now, its 24 hour trading volume increased by 15% to stand at $342.9 million.

WhaleStats reported that SHIB was among the top 10 tokens used by the biggest Ethereum Whales over the last 24 hours. This has certainly helped the token register a huge trading volume. Meanwhile, the rest of the tokens amounted to a trading volume to be around $20 million, cumulatively.

Meanwhile, the top Metaverse token’s total market capitalization has dropped by 4% over the last 24 hours. It now stands at around $10.8 billion. However, Tokens have recorded a 24 hour trading volume of $1.5 billion.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.