Cryptocurrency

Gains

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/meme-coins-take-charge-in-cryptocurrency-gains" rel="noopener noreferrer nofollow">Meme Coins Take Charge in Cryptocurrency Gains</a><br></p>
<p style="text-align: justify">Recent developments have seen meme-based digital currencies surge in the <a href="https://en.bitcoinhaber.net/mistral-ai-secures-a-whopping-415-million-dollar-investment-to-accelerate-ai-technology-development" rel="noopener noreferrer nofollow">cryptocurrency</a> market, with notable increases in value over the past 48 hours. A significant cash infusion of $10 million has propelled Floki to sharp gains, while PEPE is on the brink of its historical peak value. Meanwhile, major players such as <a href="https://en.bitcoinhaber.net/what-does-technical-analysis-indicate-for-dogecoin" rel="noopener noreferrer nofollow">DOGE</a> and SHIB continue to perform robustly, with DOGE benefiting from celebrity endorsements, including Elon Musk’s support.</p>
<h2 id="doge-s-market-surge">DOGE’s Market Surge</h2>
<p style="text-align: justify">DOGE, a pioneering meme coin, has witnessed more than a 16% surge in the last day, breaching the $0.1 threshold. Its current trading price stands at $0.11326. This increase, mirroring <a href="https://en.bitcoinhaber.net/ark-invests-strategic-shift-from-gbtc-to-bito" rel="noopener noreferrer nofollow">Bitcoin</a>‘s recent spike, has also caused DOGE’s market capitalization to swell by 16% to over $16 billion, and its daily trading volume to double to $3.5 billion, indicating surging investor interest.</p>
<p style="text-align: justify">SHIB, once dubbed the “DOGE killer,” has exhibited a 4.5% increase in the same timeframe, reverting to the $0.00001140 price level. SHIB’s market cap has also grown by over 5% to reach $6.7 billion, securing its place among the top cryptocurrencies by market capitalization.</p>
<h2 id="shib-s-steady-climb">SHIB’s Steady Climb</h2>
<p style="text-align: justify">In the shadow of Bitcoin’s upward trend, SHIB has managed to keep up, posting a 4.5% increase in value within 24 hours. Its market capitalization has climbed over 5%, and the 24-hour trading volume spiked by 43%, suggesting heightened trading activity.</p>
<p style="text-align: justify">The meme coin sector, which gained significant attention in the last bullish wave, witnessed an uptick following strategic announcements. Notably, Floki’s price soared post-investment, and PEPE continued its ascent, edging closer to its all-time high, evidencing a vibrant and responsive market segment for meme-themed cryptocurrencies.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/meme-coins-take-charge-in-cryptocurrency-gains" rel="noopener noreferrer nofollow">Meme Coins Take Charge in Cryptocurrency Gains</a></h5>

Meme Coins Take Charge in Cryptocurrency Gains

Table of Contents

BH NEWS

Other articles published on Feb 28, 2024

TRON Sets New Record in Wallet Addresses as Crypto Market Shows Positive Signs

Matrixport rushes to meet Hong Kong’s crypto license deadline

Cartesi (CTSI) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Golem (GLM) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Former FTX employees launch new crypto exchange

Analysts Predict Altcoin Season Can Start in 5 days

Join our free newsletter for daily crypto updates!