May 24, 2023 at 09:51 GMTModified date: May 25, 2023 at 08:29 GMT
May 24, 2023 at 09:51 GMT

Meme moves: $PSYOP and $SHANG outperform again

The memes making the most noise this morning, Wednesday 24 May, are $PSYOP, $SHANG, and $TLIP. But just how safe is PSYOP?…

Meme moves: $PSYOP and $SHANG  outperform again

The memes making the most noise this morning, Wednesday 24 May, are $PSYOP, $SHANG, and $TLIP.

PSYOP has gained more than 35% in the past day, in spite of many questions surrounding the validity of the coin. It is currently trading at $0.00002408. But, according to folk on CoinMarketCap, 57% of voters reckon it’s still only worth a thumbs down.

Source: CMC

Shanghai (SHANG) is has jumped a massive 570.63% in the past day, and a whopping 18,151.26% in the past week.

The total meme market cap now stands at $16.9billion. The trading volume of memes is now up 1.49%, but the price of $DOGE has lost 2.59% and $SHIB is down 1.99%.

Is PEPE finally running out of steam? Its price has lost 4.92% in the past 24 hours, according to live data from CoinMarketCap.

Meanwhile, on DEXTools this morning, there’s a new frog in town called PEPEFLOKI (PEPEF). It’s in their top three daily gainers alongside PUCCI (PUCCI), and Deezbots (BOTS).

Their biggest daily losers are HanChain (HAN), GIBX Swap (X), and Froggies Token (FRGST).

Top three trending pairs of the day by volume

According to DEXTools, at the time of writing on 24 May, the site’s top-performing pairs by volume were:

Tulip Game $TLIP/USDC: currently trading at $0.0004464, up 4,157.05%. No other data available.

Mr F was here – $MRF/WBNB: currently trading at $0.0000092, up 1,552.06%%. No other data available.

PEPEKING – $PEPEKING/WBNB: currently trading at $0.00544, up 868.85%. No other data available.

Most-visited Hot Pairs of the day

The day’s top three most-visited ‘Hot Pairs’ so far according to DEXTools were:

$SHANG/WETH – $0.000000004, up 34.28%.

$PSYOP/WETH – $0.003309, up 30.12%.

$RFD/WETH – $0.00006, down 7.9%.

Overall, at the time of writing, the global crypto market cap is currently worth $1.12trn – a 1.86% decrease in the past 24 hours.

The price of Bitcoin (BTC) is trading at $26,715.15, a dip of 2.18% in the past day, while Ethereum (ETH) is at $1,816.59, down 2.12%.

Memecoin disclaimer

These tokens are not intended as investment advice. The cryptocurrency market is very volatile, things change rapidly, and past performance is never a guarantee of future returns.

Remember to always do your own research before buying a new coin or token. Never invest more than you can afford.

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