On December 5, the meme token economy was down more than 12% and hovered just above the $47 billion mark. Today, the meme-based Crypto economy is valued at $54.1 billion, up 14.61 per cent from the previous day. Moreover, 8 out of 10 meme-based Crypto assets saw seven-day advances today. Dogecoin increased by 9.6% last week, while Shiba Inu increased by 21%.