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Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts

 Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts

CoinDesk Indices (CDI) presents its weekly charts, a twice-weekly look back at the performance of individual names inside the CoinDesk 20 Index (CD20) and the broader CoinDesk Market Index (CMI).

The CD20 tracks the world’s largest and most-liquid cryptocurrencies inside an investable index, while the broad-market CMI includes more than 150 tradable cryptos broken down into six sectors.

The CD20 is up 19% since last Friday’s close, with all 20 tokens in the gauge having appreciated on the week. Meme coins dogecoin (DOGE) and shiba inu (SHIB) have seen outsized gains, posting advances of 49% and 41%, respectively.

Among the CD20, only six assets have failed to earn double-digit returns on the week. These include Layer 2 side chain Polygon’s MATIC (+3.1%), decentralized exchange Uniswap’s UNI (+3.9%), shared storage platform FileCoin’s FIL (+5.5%), Layer 1 Internet Computer’s ICP (+5.7%), oracle platform ChainLink’s LINK (+8.7%) and payments network Stellar’s XLM (8.8%).

Outside of the CoinDesk 20, meme coins PEPE (+140%) and BONK (+109%) lead the 189-asset broad market CoinDesk Market Index.

Edited by Stephen Alpher.

  

Tracy Stephens

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