Pepe Coin

Impact

Dogecoin

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/how-do-meme-coins-impact-the-crypto-market/" data-wpel-link="internal">How Do Meme Coins Impact the Crypto Market?</a><br></p>
<p style="text-align: justify">Meme coins, possibly the biggest question mark in cryptocurrencies, are considered by some as non-functional, while others see them as fundamental building blocks of the market. Unlike <a href="https://en.coin-turk.com/bitcoin-maintains-gains-and-whale-activity-suggests-continued-uptrend/" data-wpel-link="internal">Bitcoin</a> and most altcoins, meme coins are seen as a reflection of meme culture, which starkly divides the market. Dogecoin (<a href="https://en.coin-turk.com/dogecoin-price-surge-attracts-whale-investors/" data-wpel-link="internal">DOGE</a>) started a trend that many coins followed, and today they share a market cap of $45 billion. What exactly is happening with <a href="https://en.coin-turk.com/binances-reserves-hold-601-57-million-worth-of-shiba-inu-shib/" data-wpel-link="internal">Shiba</a> Inu (SHIB), Bonk (BONK), and Pepe Coin (PEPE)?</p> 
<h2 style="text-align: justify" id="how-much-is-shiba-coin-in-turkish-lira">How Much is Shiba Coin in Turkish Lira?</h2> 
<p style="text-align: justify"><strong>DOGE’s</strong> perhaps biggest competitor, SHIB, has been in the market for a long time and is ranked just behind the top 10, at 11th in market cap rankings.</p> 
<p style="text-align: justify">Since its emergence, especially during the 2021 bull run, SHIB has created many millionaires. After a sharp decline, comments were made about SHIB’s demise, but it seems to have made good use of last March to closely follow the top 10 again.</p> 
<p style="text-align: justify">Today, amidst the uncertainties in the market, <strong>SHIB</strong> continues to trade at a price level of $0.00002232. This trading price shows a 5.80% drop over the last 24 hours, a trend seen across many cryptocurrencies, including Bitcoin. Meanwhile, Turkish investors are also keen on SHIB’s value in Turkish Lira. The <strong>SHIB/TRY</strong> price is 0.00073460 TRY.</p> 
<h2 style="text-align: justify" id="bonk-coin-reviews">Bonk Coin Reviews</h2> 
<p style="text-align: justify">In 2023, when Solana’s SAGA phone was released, no one knew what surprise they would encounter. The airdrop that came with SAGA phones made a bombshell impact and made BONK’s name known.</p> 
<p style="text-align: justify">Following that process, BONK became one of the most profitable meme coins in the short span of 2023. BONK saw a rise of over 20,000% in value from the day it was launched in January 2023.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-346476" src="https://coin-turk.com/wp-content/uploads/2024/05/BONK-usdt-coin-turk-com.png" alt="" width="1263" height="545"></p> 
<p style="text-align: justify">As of today, <strong>BONK</strong> is trading at $0.00002225 after a 9.66% drop, with its market cap falling to $1.45 billion while its trading volume has risen by 5.51% to $315 million.</p> 
<h2 style="text-align: justify" id="what-is-pepe-coin-how-much-is-it-worth">What is Pepe Coin? How Much is It Worth?</h2> 
<p style="text-align: justify">PEPE coin emerged in 2023 as the first frog-themed meme coin, and perhaps no one expected it to grow this much.</p> 
<p style="text-align: justify">With its famous frog image, it became one of the most notable projects on the Ethereum network in 2023.</p> 
<p style="text-align: justify">At the time of its emergence, market stagnation caused ETH gas fees to spike from rock bottom to historic levels, a surge largely attributed to PEPE alone. Following this period, PEPE’s unstoppable rise places it currently at the third spot in the meme coin rankings, right behind SHIB and DOGE.</p> 
<p style="text-align: justify">PEPE is trading in the region of $0.000006657 today, having dropped over 7% at the time of writing. Over a 7-day review, it is understood that PEPE has dropped over 13%.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/how-do-meme-coins-impact-the-crypto-market/" data-wpel-link="internal">How Do Meme Coins Impact the Crypto Market?</a></h5>

How Do Meme Coins Impact the Crypto Market?

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