Meme Coins are the rulers of 2024, which have grabbed all the profits since the beginning, becoming the favored cryptos of investors. As of now, the meme-based cryptocurrencies have become a market of $46.1 Billion and handle 6 Billion in trading volume.
The popularity of meme coins can be seen with PEPE and WIF, which offer the highest gains in YTD% and outperform Bitcoin. The remaining coins are following the same even in bearish market situations. On that note, let us discuss some meme cryptocurrencies being bullish in today’s market conditions.
MEW, a popular meme coin, is in highlight today with its increasing demand in the market. The increased trading volume has pushed its trading volume by 192% to $238,820,416. The impact of this increased network activity is also visible on the MEW price, as it is at $0.004598 after a 9% surge. Even in the declining market, many cat-themed meme coins are bullish today, including MEW.
PEPU is bullish even in its presale stage as the investors are eyeing this meme coin for being better than the PEPE. It is not like other crypto entering the market to follow a trend but to create a new image around meme coins by launching the world’s first layer2 network for meme coins, challenging Ethereum. As of now, the PEPU price is $0.008 and offers better speed and transactional volume, security, staking rewards, and much more..
After following a downtrend for days, the SHI price is finally making a recovery with its 6% gains in the last 24 hours. With its involvement in meme coins and Non-Fungible Tokens (NFTs), SHI peaked at the beginning of this year, creating an all-time high of $0.0001129, which is now 99.35% from the current value of $0.0001129. As the price has begun to move away from the downtrend, the 91% surge in its trading volume of $407,465 can increase the chances of continuation.
Continue Reading Trending Cryptos To Buy Under $5
Former U.S. SEC Chair Gary Gensler appeared on CNBC's "Squawk Box" and addressed his concerns…
Dogecoin (DOGE), the pioneering meme coin, has taken a hit as the crypto market crashed…
Ethereum (ETH) experienced a drop of around 3% in the past 24 hours, to trade…
The cryptocurrency market is expecting a big week ahead, as the U.S. Federal Reserve prepares…
The crypto market was buzzing this week with big whale moves, fresh economic reports, new…
Pepe Coin price is outperforming other mainstream meme coins today, soaring around 13% over the…