Dogecoin (DOGE) has recently seen a strong growth, reaching the highest price level in three years after the election and information that Elon Musk will co-lead the Government Efficiency Department (D.O.G.E.) under Donald Trump.
However, after the noticeable increases, DOGE has declined slightly in the past few days. At the same time, other MEME coins have achieved significantly higher growth rates in the past seven days in terms of percentage value.
Among the top 100 MEME coins by market capitalization, Dogecoin ranks only 57th in terms of weekly price increase, with a 14.7% increase. Even a Solana-based token inspired by the Government Efficiency Department (DOGE) has risen stronger than the original DOGE, with an 82.5% increase.
Other major MEME coins have also seen exceptional growth. For example, Pepe (PEPE) has increased more than four times compared to DOGE in the same period, with a 65.8% increase.
Although Pepe's growth rate is very impressive, this occurred at a much lower market capitalization. Dogecoin's recent growth has brought its capitalization close to $55 billion, while Pepe is still below $9 billion.
BRETT Token on Base and BONK on Solana have also recorded higher increases than DOGE, at 41.4% and 80.8% respectively in the past seven days.
However, these figures are still small compared to the brightest "stars" of the week.
The artificial intelligence MEME coin ai16z (AI16Z) has soared 693.9%, while Comedian (BAN) - recently listed for Futures Contract trading on Binance - has jumped 356.5%. A token inspired by the famous TikTok squirrel Peanut before his death (PNUT), also increased by 310%.
However, investing in tokens with low liquidity - more common in tokens with low market capitalization - can expose investors to "slippage" phenomena, where traders have to sell assets at prices lower than the quoted price. For many assets, the slippage rate is usually around 1%, but for MEME coins and highly volatile tokens with low liquidity, this figure can be much higher.
For example, the Solana MEME coin called Hasbulla's Cat (BARSIK) was launched six days ago and has grown 255,465% since it was listed on decentralized exchanges through Pump.fun. Although this growth rate sounds very attractive, if you invested $1,000 at launch, your tokens would be worth $2.55 million - but this exceeds the token's liquidity. Therefore, the seller would face significant slippage when trying to sell the tokens.
You can view the coin prices here.
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