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📊 Crypto today 🪙 🥇 BTC: $62,923 | 24H: +5.40% 🔵 ETH: $3,354 | 24H: +5.06% 💰 SOL: $152.81 | 24H: +5.70% 👽 TON: $7.47 | 24H: +1.81% 🔥 trending HOPPY: $0.00 | 24H: +4.54% 📈 top gainer STX: $1.88 | 24H: +13.01% 📉 top loser MKR: $2786.07 | 24H: -0.29% #Gate Post Highlights# #HotTopicDiscussion##Crypto ##moonspid#

$HOPPY Preparing For More!? Breakout Restest Of The 4Hr 200MA!? 👀

$HOPPY Preparing For Lather Breakout Restest Of The 4Hr 200MA!? 👀

The meme market size exceeds 500 billion RMB, and the frog system rises to challenge DOGE's dominance. Data shows that the market capitalization of the Meme sector has reached 50 billion USD, equivalent to over 300 billion RMB. The daily trading volume of this sector is as high as 4 billion USD, with a liquidity rate of 8%. This scale has already surpassed the market capitalization of the liquidity staking sector, which is 47 billion USD, and is also far higher than the total market capitalization of the NFT market, which is less than 30 billion USD. Even the highly watched Layer 2 and Depin tracks have a market capitalization of only over 20 billion USD. Recently, the value investment concept seems to be ineffective in the cryptocurrency market. In May of this year, a trading platform released a report acknowledging that profits in the crypto space in 2023 primarily came from the Meme sector, which saw a staggering increase of 331%, far surpassing other sectors. In contrast, many VC-backed projects reached their peak upon listing, facing significant unlocking pressure and lacking practical applications, leading to subsequent trends.

The market capitalization in the Meme sector has surpassed $50 billion, with a daily trading volume of $4 billion. Shitcoins like DOGE and Frog coins are leading the way. Dog-themed coins dominate the top ten by market capitalization, especially with DOGE showing outstanding performance. Frog coins such as Pepe are rising rapidly, leading to fierce market competition, and investors need to be cautious in searching for opportunities.