DOGE, WIF Emerge as Today's Top Performers, BTC Aims at $70K (Weekend Watch)
WIF has soared by double digits, followed by DOGE and MNT.
Keep up with what's happening in the crypto world in real-time.
WIF has soared by double digits, followed by DOGE and MNT.
Memecoins, led by Shiba Inu and Dogecoin, the two largest memecoins by market capitalization, have emerged as the unexpected frontrunners, boasting an unprecedented surge in returns amidst the crypto market's recent upsurge.
Meme coins such as Dogecoin, PEPE, and WIF have continued to enjoy greater acceptance, which is evident in recent data showing that the demand for them has clocked a new high. This also undoubtedly strengthens predictions that this category of crypto tokens will be one of the leading narratives in this market cycle.
Dogwifhat Social Dominance has doubled in the last 48 hours, signaling a potential market trends reversal. Can WIF price breakout above $6 in April 2024?
The meme coin category has experienced a significant 20% gain in late March. The surge began on early Thursday with meme tokens showing increased momentum, fueled by speculation surrounding the potential integration of Dogecoin (DOGE) into a forthcoming payments service of a social application known as X.
Against the backdrop of market corrections and consolidations witnessed recently, meme coins once again nabbed significant investor attention today, Aril 5, jotting down remarkable downturns in the past 24 hours. Some of the top meme coins, encompassing Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), Pepe (PEPE), and Book of Memes (BOME), noted a remarkable plunge
SOL, DOGE, AVAX, and LINK are also well in the red from the larger-cap alts.
Crypto assets have recorded inflows in the past three quarters as institutional investors increased their appetite for cryptocurrencies. These inflows have skyrocketed the price of most assets this year to new highs recorded in several months.
Shiba Inu & Dogecoin dominate the fortunate $56B memecoin bull cycle, joined by a ridiculously fancy third brother.
As the cryptocurrency market experiences a resurgence amid the ongoing bull run, investors are actively seeking out the best assets to bolster their portfolios. With the SEC's recent approval of twelve Bitcoin spot ETFs, the market's upward trajectory has been further fueled, underscoring the growing interest in digital assets.
Bitcoin reached its all-time high of $73,738 on March 14, pushing the prices of these top crypto movers this month by more than 100%.
Binance, the world's leading cryptocurrency exchange, has unveiled plans for a significant expansion in its trading tools, targeting several cryptocurrencies within the Solana blockchain ecosystem. Notably, the exchange's latest move shines a spotlight on meme tokens Dogwifhat (WIF) and Book of Meme (BOME), along with Jito Network (JTO).
The cryptocurrency industry has continued to trade under a strong negative sentiment since the beginning of April, highlighting a massive bearish reversal in the crypto space. Further, top Solana-based memecoins such as dogwifhat (WIF) and Book of MEME (BOME) continue to display a negative price action.
Dogwifhat (CRYPTO: WIF) saw its valuation rise to $4 billion after its price rallied 20% in the past week. At least one trader voiced an optimistic outlook for the token.
How far can the pink-hat wearing canine crypto fetch before a major pullback takes place?
During the first quarter of 2024, the crypto market showcased a dynamic performance across various narratives, with meme coins, real-world assets, and AI tokens leading in profitability.
The market for digital currencies is bustling with anticipation as seven potential Dogecoin ‘killers' emerge. Shiba Inu Coin (SHIB), dogwifhat (WIF), Pepe (PEPE), BOOK OF MEME (BOME), Dogelon Mars (ELON), Bonk (BONK), and Floki (FLOKI) are poised to outperform Bitcoin in 2024.
A deep-pocketed investor is accumulating massive amounts of two Solana (SOL)-based memecoins, on-chain data shows. Blockchain-monitoring service Lookonchain says that one trader just bought 181 million cat in a dog's world (MEW) after buying 776,830 dogwifhat (WIF) less than two weeks earlier.
Shiba Inu (SHIB) Drops 13.5% in 2 Days, Approaching $0.00003000. Despite a Much Larger Market Cap, Trading Volume Similar to dogwifhat (WIF), Hinting at Investor Shift.
Shiba Inu (SHIB) is the second biggest meme coin in the market, but despite its stature, it is facing significant competition in one aspect from dogwifhat (WIF).
Solana's monthly fees and revenue climbed to new highs in March as DEX trading volume spiked to an all-time high.
Pseudonymous cryptocurrency trader Altcoin Sherpa sees Bonk (CRYPTO: BONK) as offering better potential upside compared to other meme coins, despite recent fluctuations in cryptocurrency prices. What Happened: In his latest analysis on X, the highly-followed trader outlined the pros and cons of trading the popular meme coin.
In recent days, Bitcoin has faced a notable downturn, largely influenced by a confluence of factors including a cooling demand for US exchange-traded funds and shifting perceptions surrounding Federal Reserve monetary policy. This resulted in a sharp decline of up to 5.3% in Bitcoin's value, ultimately stabilizing around $66,735 during trading hours in Singapore.
A closely followed crypto strategist thinks that three memecoins are gearing up to witness breakout surges. Pseudonymous analyst Altcoin Sherpa tells his 213,200 followers on the social media platform X that he sees top memecoin Dogecoin (DOGE) igniting an over 50% rally from current levels after moving above its resistance at $0.195.
