Pepe Tops as Meme Coin Trading Volumes Surge 3000%, Market Cap Crosses $50B
PEPE was up +70% in the past 24 hours, extending weekly and monthly gains to +400% and 700%, respectively.
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PEPE was up +70% in the past 24 hours, extending weekly and monthly gains to +400% and 700%, respectively.
Meme coins have been in a bull rally recently, dominating the top five performers of the week. In particular, PEPE is leading the way up with over 385% gains in the past seven days.
TL;DR Several memecoins have experienced an exponential increase in value and trading volume in recent days. Impressive Surge: PEPE rose by 670% in the last month, DOGE grew over 92% weekly, SHIB increased by 173% recently, BONK surged by 218% in a month, and FLOKI recorded a 433% growth in recent weeks.
With Bitcoin approaching its all-time high, meme coins are following in its wake with double-digit gains in the past day.
The ongoing cryptocurrency rally, primarily driven by euphoria over the Bitcoin (BTC) halving, which has already seen BTC surge above $65,000 and toward its all-time highs, has hardly left the traditional wild cards of the crypto market – meme coins – out.
Last weekend, Satoshi Street witnessed a massive rally across the entire meme coin sector, With Shiba Inu (SHIB), Dogecoin (DOGE), Pepe coin (PEPE) registering gains anywhere between 30-50%. As meme coins receive a push from the broader market rally, investors need to remain cautious into taking fresh bets.
Memecoins such as Shiba Inu (CRYPTO: SHIB), PEPE (CRYPTO: PEPE), Floki (CRYPTO: FLOKI), and BONK (CRYPTO: BONK) are rallying, with prices rocketing. What Happened: The analytics platform Santiment reports that these memecoins have witnessed an average trading volume increase of over 3,000% in the last seven days.
The price of Pepecoin has skyrocketed nearly 400% amidst a surge of interest and speculation in meme-themed cryptocurrencies,
Pepe Coin has captured the spotlight in the cryptocurrency market with a staggering 70% surge in PEPE price, marking it as one of the top-performing assets on March 4. Meanwhile, this remarkable rally comes amidst a broader positive sentiment in the crypto market, particularly within the meme coin sector, fueled further by Binance's latest announcement.
The meme coin market has retained its uptrend, with Pepe (PEPE) leading the latest charge, having registered a massive 70% spike over the past 24 hours to become the biggest gainer among the top 100 crypto assets.
Pepe token price has risen nearly 400% in the past week and its market cap has doubled in the past two days.
As the crypto market experiences another wave of fervent enthusiasm, meme coins like Shiba Inu, PEPE, and Dogecoin have surged to the forefront of investors' minds. With PEPE leading the rally at a staggering 371% increase, Dogwifhat (WIF) at 351%, FLOKI at 331%, BONK at 182%, and Shiba Inu (SHIB) at 177% over just the last seven days, the phenomenon has caught the eye of both enthusiasts and skeptics alike.
Pepe attracts buyers with a total profitable offer of 100% and more.
Futures products tied to PEPE saw unusually large liquidations since Friday, suggesting short covering.
The crypto markets have resumed their upswing, with Bitcoin prices soaring above $64,200 at the beginning of the fresh weekly trade. The dominance continues to soar, which indicates the prices may hold upright for more time than expected, which may propel the prices beyond the interim target at $65,000 any time from now.
The top crypto prices today registered a mixed performance as the Bitcoin (BTC) price neared the $64,000 level while some altcoins dropped significantly. In addition, the Ethereum price also traded higher than $3,400.
We had already predicted that PEPE could be one of the three coins that could make you millionaire in 2024. Let's take a look at this PEPE price prediction
Meme coins dominate the charts this week.
Pepe Coin Price Analysis: With the outrageous bull run gaining momentum, the meme coin rally is signaling the start of a new Altcoins season. Spearheading this supersonic rally on the upside, the PEPE coin is outshining the top contenders not just in the meme sector but the entire crypto market.
The recent maneuver by a crypto whale, abandoning a hefty PEPE position in favor of Shiba Inu (SHIB), has captured the attention of investors worldwide. Join us as we unravel the intricacies of this high-stakes shuffle and its potential implications for the meme coin ecosystem.
Bitcoin (BTC) has recently been leading the crypto market surge. Yet, there are indicators that a so-called “altcoin season” might be on the horizon. Bitcoin has approached its record high from 2021, reaching $64,000 this week, triggered by robust investments into spot Bitcoin ETFs and registering a 50% increase in February.
While Bitcoin's price has paused and even dipped slightly below $62,000, meme coins have been making headlines this week with remarkable gains, particularly led by Dogwifhat (WIF). Although the total crypto market cap has slightly decreased over the day, it has surged by over $100 billion in the last seven days.
In recent days, meme coin prices have skyrocketed, with Shiba Inu (SHIB), Pepe (PEPE), Dogecoin (DOGE), and dogwifhat (WIF) all experiencing remarkable gains. SHIB rose by 126.12% in the last week, while DOGE saw a 64.23% increase.
DOGE is among the most modest performers from the meme coin world with a mere 70% weekly surge.