Dogecoin

PEPE

Shiba Inu

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p dir="ltr">The crypto ecosystem is undergoing a unique recovery round, with Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE tagging along. Though mild, each of these meme coins is&nbsp;<a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">registering a unique price</a> surge that shows the worst drawdowns might be over.</p>
<h2 id="rebirth-of-doge-shib-and-pepe">Rebirth of DOGE, SHIB and PEPE</h2>
<p dir="ltr">Over the past 24 hours, the Dogecoin price has inked a mild surge of 0.6%. The price action of DOGE is particularly volatile, with the growth rate moving to and fro the negative zone amid the return of an epic&nbsp;<a href="https://u.today/dogecoin-key-demand-wall-appears-despite-market-slump" rel="noopener noreferrer nofollow">demand wall</a>.</p>
<p dir="ltr">Shiba Inu broke off from this trend with a 1.37% surge to $0.00001666. By surviving the harsh sell-offs of the past week, Shiba Inu has turned the $0.000016 price point into its ultimate support level as it fights to record more growth in due course.</p>
<p dir="ltr">For PEPE, the frog-themed token has recorded a 1.2% rally to $0.00000874 after a troubling&nbsp;<a href="https://u.today/pepe-might-hit-floor-as-827-trillion-support-comes-into-view" rel="noopener noreferrer nofollow">sell-off phase</a>. PEPE’s growth is not to be trusted yet as the token’s volatility might see it erode these gains in the next couple of hours. The underlying bottom line for each of these meme coins is the readiness for a second shot at the price rebound.</p>
<p dir="ltr">The key drivers of these prospective rebounds remain unknown but are worth watching.</p>
<h2 id="expectations-from-meme-coin-trio">Expectations from meme coin trio</h2>
<p dir="ltr">While, collectively, they control a small fraction of the crypto ecosystem, the expected volatility from the three meme coins is poised to spark a rally within their immediate niche. There might be a ripple effect in the broader crypto ecosystem that might see L1 coins pick up the pace.</p>
<p dir="ltr">Another crucial expectation is that the meme coins will leverage their respective correlations with Bitcoin and Ethereum and join these top coins in rallying whenever the conditions align. For now, their metrics are bullish, with the respective&nbsp;<a href="https://u.today/shiba-inu-devs-embark-on-epic-quest-shib-community-thrilled" rel="noopener noreferrer nofollow">fundamentals</a> and trading volumes and whale accumulation signaling that the best of these price rebounds is yet to take place.</p>

DOGE, SHIB and PEPE up for Second Chances

Table of Contents

U_Today

Muita 8. heinäk. 2024 julkaistuja artikkeleja

Dogwifhat Price Prediction: WIF Dives 12% In Latest Crypto Market Crash As Investors Pivot To Thi...

Cardano (ADA) Poised for 130% Price Surge Ahead of Chang Hard Fork

Broken-Out Technical Pattern: Notcoin Preparing for a Bullish Rally

Bitcoin (BTC) Started the New Week with a Decline! What is the reason for the decline?

How to Buy Prosper Coin?

Elon Musk Foresees US Bankruptcy Amid Govt Federal Budget Risks

Join our free newsletter for daily crypto updates!