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Recently, with the effect of the positive mood in the Bitcoin market, there have been significant rises in the meme coin industry. According to CoinMarketCap data, Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE) and Dogwifhat (WIF) are all up between 100% and 400% over the past seven days. PEPE and WIF reached market caps of $3 billion and $1.3 billion, respectively, while DOGE and SHIB's market caps rose to $25 billion and $18.5 billion, respectively. #HotTopicDiscussion

🚀 $SOL keeps soaring, and Solana meme tokens are on the rise too. $WIF surged over 10% in 24 hours, joining $BONK as Solana meme coins with market caps over $1B. 👇 Check out the top-performing Solana meme coins below. 👀 Which tokens are on your watchlist? Trade now: https://www.gate.io/trade

📆 Flash News 05/03/2024 1️⃣Gate.io data shows BTC surged past $68,000, currently priced at $68,032.8, with a 7.36% increase in 24H; ETH surpassed $3,600, now at $3,620.9, up 3.75% in 24H. 2️⃣The US SEC delays resolution on BlackRock's spot Ethereum ETF. 3️⃣Bitcoin's market cap surpasses Meta, climbing to 9th place among global mainstream asset market caps. 4️⃣Stablecoin total market cap grows by 1.9% weekly, with USDT market cap surpassing $100 billion. 5️⃣BRC20 sector surges, with $MUBI, $SATS, and $ORDS all rising over 15% in the past 24 hours.

SHIB and DOGE have remained calm, while more recently launched meme coins have made impressive gains. This is commonplace, and that's the case with meme coins (the successful ones) until they reach significant market caps. As a matter of fact, in 2021, Shiba Coin went through the same paths, making gains incomparable to DOGE, and too many investors were making money while the price was erasing 8-9 zeros. #HotTopicDiscussion

$DOGE ( $TRX , $LINK ) THESE 2 ALTCOINS ARE THREATENING TO KICK DOGECOIN OUT OF THE TOP 10 DOGECOIN has been able to stay in the top 10 cryptocurrencies by market cap after its impressive rally spurred by billionaire Elon Musk in 2021. However, the meme coin has been having a tough go at it after a drawn-out bear market triggered a 90% price decline. As a result of this, DOGE’s market cap has fallen drastically, now putting it at risk of losing its position in the top 10 cryptocurrencies. TRON (TRX) And CHAIN LINK (LINK) CROP UP BEHIND DOGECOIN.. The Dogecoin price, having fallen below $0.08 once again, has seen its market cap drop to around $11.2 billion. With the market cap this low, the meme coin only has a tentative hold on its 10th position on the list of largest cryptocurrencies by market cap. Other altcoins such as Tron and Chainlink have had a better go at it, with their native tokens, TRX and LINK doing incredibly well over the last year. Even in the last week alone, while the price of DOGE has suffered 1.5% losses, these two altcoins have seen double-digit gains that have sent their market caps soaring. CAN DOGE THWART THREATS TO IT'S POSITION??? Dogecoin has failed to follow the same growth pattern as most other large caps in the crypto space, and it has suffered greatly for this. To be able to hold its position in the top 10 cryptocurrencies by market cap, there would have to be some definite upward movement from the meme coin.