SHIB Rivals BONK, WIF in Green Despite Plummenting Markets

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SHIB Rivals BONK, WIF in Green Despite Plummenting Markets
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Dogwifhat (WIF) is best performing cryptocurrency in CoinGecko's Top 50 today

Amid the dramatic crash of cryptocurrency markets caused by the start of Mt. Gox compensation payouts, the largest meme coins look strong. Out of the three best performing cryptos in the top 100, two assets belong to the meme cryptocurrencies category.In the last 24 hours, amid painful collapse on cryptocurrency markets, Bonk , one of the biggest multi-chain meme coins, managed to gain more than 7.5%. BONK capitalization is one step from reaching the major $1.

The aggregated capitalization of cryptocurrency market dropped by 3.8%. Meme coins segment lost 11.4% of its value in 24 hours.The biggest crypto assets are also in the red: Bitcoin lost 2.8%, while the Ethereum price is down by almost 5% overnight. As covered by U.Today previously, the global cryptocurrency market piled on the news about compensations to the victims of Mt. Gox exchange's collapse in 2014. The released BTC and BCH allocations will create selling pressure on crypto.

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