Crypto Gloom

CorgiAI has overtaken PEPE as the meme coin market capitalization exceeds $21 billion.

CorgiAI recently surpassed PEPE to become the fourth-largest meme coin, with the token’s value skyrocketing by about 11% in just one week.

This rise follows a broader increase in the meme coin market capitalization, which has grown 3% today, outpacing the 1% growth of the overall cryptocurrency market. CorgiAI is a meme coin that runs on the Cronos blockchain, fusing the essence of meme coins with artificial intelligence.

The coin is designed to support a variety of AI-related activities, including creating and trading AI-based crafts and NFTs, and providing a platform for AI-related job opportunities. With a total token supply of 500 billion, CorgiAI emphasizes community engagement and creative exploration in the growing field of AI.

Dogwifhat, another new token launched in December, has surpassed FLOKI to become the 6th largest meme token. Dogwifhat (WIF) has seen impressive growth since its inception, gaining over 65% and 34% in the last week alone. The newly launched Solana-based meme coin has seen notable growth throughout 2023. Launched in December 2022, BONK has grown 1,157% over the past year.

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