Solana

Pepe

FLOKI

Captain

NEXT GEN PEPE

Recent data highlights notable price and trading fluctuations in meme coins such as FLOKI, Book of Meme, and DOGE.
<a href="https://crypto.news/price/floki/" rel="noopener noreferrer nofollow">FLOKI</a> has seen a significant increase in its price and trading volume over the last 24 hours. The token’s price has surged by 10.54% to $0.0002047. This growth has elevated its market capitalization by 10.05% to $1.95 billion, ranking it 51st in the <a href="https://crypto.news/market-cap/" rel="noopener noreferrer nofollow">crypto market</a>. Additionally, its trading volume has soared by an impressive 225%, reaching $573.05 million.
In a recent X analysis, crypto analyst Captain Faibik <a href="https://twitter.com/CryptoFaibik/status/1790217911514062854" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> a promising trend for FLOKI. According to his observations, FLOKI is currently breaking out of a bullish pennant pattern on the daily timeframe chart, suggesting a highly optimistic outlook for the midterm. The analyst expects a bullish rally of 180% to 200% for FLOKI.
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="495" src="https://crypto.news/app/uploads/2024/05/FLOKI_1D_graph_coinmarketcap-1024x495.jpeg" alt="Meme coins stay on top as FLOKI, BOME, DOGE lead markets - 21">
 <figcaption>
 24-hour chart of FLOKI from CoinMarketCap
 </figcaption>
</figure>
Book of Meme (<a href="https://crypto.news/price/book-of-meme/" rel="noopener noreferrer nofollow">BOME</a>), another meme coin, experienced a 4.60% rise in price to $0.01137. Its market capitalization has increased by 4.54% to approximately $784.44 million, positioning it at 96th in the market standings. According to <a href="https://coinmarketcap.com/currencies/book-of-meme/" target="_blank" rel="noopener noreferrer">CoinMarketCap</a>, the trading volume for BOME also increased by 122.35%, totaling $620.69 million.
A user known as shatter.sol on the Solana network experienced a mixed fortune with BOME token, <a href="https://crypto.news/solana-trader-profit-bome-meme-coin/" rel="noopener noreferrer nofollow">crypto.news</a> reported. On March 13, the user bought 170.25 million BOME tokens for 50 Solana (<a href="https://crypto.news/price/solana/" rel="noopener noreferrer nofollow">SOL</a>), equivalent to $8,500.
The following day, the tokens were sold for 767 SOL, valued at around $130,000. However, a surge in the token’s value the next day meant the Solana user missed out on a potential $950,000 profit.
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="495" src="https://crypto.news/app/uploads/2024/05/BOME_1D_graph_coinmarketcap-1024x495.jpeg" alt="Meme coins stay on top as FLOKI, BOME, DOGE lead markets - 22">
 <figcaption>
 24-hour chart of BOME from CoinMarketCap
 </figcaption>
</figure>
You might also like: <a href="https://crypto.news/fidelity-leads-as-spot-btc-etfs-start-the-week-with-positive-flows/" rel="noopener noreferrer nofollow"> Fidelity leads as spot BTC ETFs start the week with positive flows </a>
<a href="https://crypto.news/price/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a>, also known as the original meme coin, has witnessed a 3.8% increase in its price, now at $0.1532. Its market capitalization has grown by 4.33%, reaching $22.11 billion and securing the ninth rank among cryptocurrencies. According to <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer">CoinMarketCap</a>, the trading volume for DOGE has risen by 103.73% to $2.11 billion.
Crypto trader AutoMcNatic recently tweeted about DOGE, suggesting a potential upward movement for the token. According to the <a href="https://twitter.com/RJMtweets11/status/1790208469657628942" target="_blank" rel="noopener noreferrer nofollow">post</a>, if DOGE’s price exceeds $0.15, it could be set to rise towards $0.22, emphasizing the importance of macroeconomic factors.
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="495" src="https://crypto.news/app/uploads/2024/05/DOGE_1D_graph_coinmarketcap-1024x495.jpeg" alt="Meme coins stay on top as FLOKI, BOME, DOGE lead markets - 23">
 <figcaption>
 24-hour chart of DOGE from CoinMarketCap
 </figcaption>
</figure>
Crypto.news also <a href="https://crypto.news/pepe-whale-activity-explodes-amid-price-rally-to-new-ath/" rel="noopener noreferrer nofollow">reported</a> earlier today that Pepe (<a href="https://crypto.news/price/pepe/" rel="noopener noreferrer nofollow">PEPE</a>) surged 21% in the last 24 hours, now trading at $0.0000102. The frog-themed meme coin’s whale transactions increased by 416%, with a notable rise in exchange activity. The asset’s Relative Strength Index suggests it is currently overvalued, indicating potential high price volatility.
Read more: <a href="https://crypto.news/altcoin-market-blues-what-lies-ahead-for-ethereum-and-other-cryptos/" rel="noopener noreferrer nofollow"> Altcoin market blues: what lies ahead for Ethereum and other cryptos? </a>

Meme coins stay on top as FLOKI, BOME, DOGE lead markets

crypto.news

Other articles published on May 14, 2024

Join our free newsletter for daily crypto updates!