Crypto assets continue their sideways movement in the last 24 hours with dog-themed memecoins recording slight gains. These gains are not widespread with a lot of outflows from top assets reducing weekly gains. While leading assets plunged, fairly new memecoins have seen inflows as traders look to pivot to trending assets. 

At press time, the memecoin market cap stands at $55.1 billion, a 6% growth in the last 24 hours while dog-themed tokens are at $43.7 billion, a 6% rise in the same period. Here are the top dog-themed memecoins to sell amid present market conditions.

Shiba Inu

Shiba Inu (SHIB) price is at 0.00002338, after a series of outflows in recent weeks. The market capitalization of the memecoin stands at $13.7 billion while daily trading volumes are $926 million. In the last 24 hours, SHIB has plunged 4.3% taking weekly movements back into the red zone at 1.5% exits.

In the long run, SHIB price saw many positive results with recent negative flows leaving a bearish mark on investments. Memecoin holders are often very fluid during short-term corrections to avoid losses. 

Dogwifhat

Dogwifhat (WIF) has grown to a leading dog-themed memecoin in recent months posting a series of inflows. However, the recent market liquidations saw it lose profitable positions in the market. The price of WIF is $2.97, a 4.7% decline in the last 24 hours. The asset is also down 8.2% this week stretching the bearish sentiment.

A key reason the asset makes top dog-themed memecoins to sell is a decline in daily trading volumes and on-chain activities. While its market cap is $2.9 billion, the asset has lost the stream marked in Q1 2024. 

CorgiAI 

CorgiAI (CORGIAI) is a dog-themed memecoin to sell in the near term because of sharp losses taken in recent weeks. The asset is down 4.5% today and 16.6% in the last seven days. Monthly losses have also hit 38.4% as the asset losses stream. 

Also Read: Why Cardano Price Could Jump $1,500% Soon: Analysts Take on ADA

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David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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