Meme Coin Market Volatility: SHIB Slips, MANIFEST Surges, Asteroid Swings
This week's meme coin news is filled with volatility as SHIB slips from its anniversary rally, MANIFEST soars after an initial surge, and Asteroid swings sharply on heavy volume.
SHIB, which marked its sixth anniversary, saw a sharp price spike tied to the milestone. However, this momentum has since cooled off, with the token now priced at $0.054846, down 2.87% over the past 24 hours. The market cap sits near $2.85 billion, and circulating supply stands at roughly 589.23 trillion tokens out of a max supply of 589.55 trillion.
MANIFEST, a Solana-based token, has extended its climb, now up 71.03% in 24 hours after an initial 58% surge earlier this week. The token is currently priced at $0.009227, with market cap climbing to $8.3 million and trading volume jumping further to $1.82 million.
Asteroid (ASTEROID OG), on the other hand, dropped 10.14% even as trading volume jumped 127.61%, indicating active two-sided trading rather than a quiet exit.