Dog, cat or frog? Which animal coin leads the rally in this bull market?

Author: Tom Mitchelhill, CoinTelegraph; Compiled by: Deng Tong, Golden Finance

Memecoin traders are locked in a battle of species, with frogs, dogs and cats as cryptocurrency prices approach all-time highs The themed token has soared by three or four digits in the past month.

In the past 24 hours alone, dog-themed tokens, led by Dogecoin (DOGE) and Shiba Inu (SHIB), generated more than $24.2 billion in trading volume, while cats Themed tokens, such as Solana-based Popcat (POPCAT), saw $63.4 million in trading volume during the same time frame, according to CoinGecko data.

The daily trading volume of dog-themed meme coins has exceeded $24 billion. Source: CoinGecko

However, some animal-themed tokens have performed better than others.

The best-performing dog-themed token last month was the Solana-based memecoin Dogwifhat (WIF). A 620% increase from the previous month, with the price climbing from $0.22 on February 4 to $1.55 at the time of publication.

WIF has returned over 100,000% since its inception on November 20, although few traders are aware of the token’s returns.

Meanwhile, the best-performing cat coin is Solana-based Popcat (POPCAT), which in the past The 30-day gain is more than 1,400%, from $0.006 on February 4 to $0.10 at the time of publication.

Popcat rose more than 1,400% last month. Source: CoinGecko

Dogecoin also experienced a sudden surge last week, rising just over 117% in the past seven days. Likewise, Shiba Inu Coin has gained over 323% in the same time frame.

In addition to cats and dogs, a handful of frog-themed tokens performed strongly, with memecoin Pepe ( PEPE) is at the forefront.

After falling 83% from its all-time high on May 6, 2023, PEPE was widely declared "dead", but starting from February 25, PEPE The price and trading volume began to grow rapidly.

PEPE surpassed its previous all-time high of $0.00000372 on March 2 and has since doubled in price. At the time of publication, PEPE is changing hands at $0.00000802,up 781% in the past 30 days.

PEPE generated over $4.2 billion in trading volume in the past 24 hours.