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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-show-mixed-performance-despite-btc-rise/" data-wpel-link="internal">Cryptocurrencies Show Mixed Performance Despite BTC Rise</a><br></p>
<p>Cryptocurrencies with high volatility, such as meme coins, continue to grow and gain market presence. Despite yesterday’s BTC rise, meme coins seemed to struggle. Let’s take a look at the current state of meme coins.</p> 
<h2 style="text-align: justify" id="shiba-coin-price-in-tl">Shiba Coin Price in TL</h2> 
<p style="text-align: justify">Once known as the <a href="https://en.coin-turk.com/bitcoin-drops-below-65000-as-altcoins-start-to-lose-gains/" data-wpel-link="internal">DOGE</a> killer and occasionally ranking in the top 10 by market cap, SHIB had a significant rise in 2021 followed by a sharp decline. This decline caused a loss of confidence in meme coins across the market, especially since there were fewer meme coins at that time.</p> 
<p style="text-align: justify">Currently, SHIB ranks second in market cap after DOGE, but its performance is not promising despite BTC’s rise. In the last 24 hours, SHIB has dropped by 2.46% and is trading at $0.00001702.</p> 
<p style="text-align: justify"><strong>SHIB</strong>‘s 7-day performance shows a slight recovery, with a decline of only 0.60%.</p> 
<p style="text-align: justify">Despite ongoing token burns intended to impact SHIB’s price and <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">future</a>, the large supply continues to raise concerns. Investors hoping for an all-time high and a significant price increase remain anxious.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-367060" src="https://coin-turk.com/wp-content/uploads/2024/07/shib-coin-turk-com.png" alt="" width="2053" height="122"></p> 
<p style="text-align: justify">In the SHIB/TRY pair, the price is trading at 0.0005583 TRY.</p> 
<p style="text-align: justify">SHIB’s market cap has returned above $10 billion, but its trading volume remains low at $188 million.</p> 
<h2 style="text-align: justify" id="pepe-coin-price">PEPE Coin Price</h2> 
<p style="text-align: justify">Despite making headlines in the first half of June and achieving multiple all-time highs, <strong>PEPE</strong> seems to be struggling. PEPE has dropped by 6% in the last 24 hours and is trading at $0.00001138.</p> 
<p style="text-align: justify">PEPE’s market cap remains below $5 billion, currently at $4.7 billion. However, its 24-hour trading volume has increased to $470 million, indicating growing interest.</p> 
<h2 style="text-align: justify" id="floki-analysis">Floki Analysis</h2> 
<p style="text-align: justify">Another older meme coin, <b>FLOKI</b>, has also experienced a decline. FLOKI’s price has dropped by 3.7% in the last 24 hours, trading at $0.0001687.</p> 
<p style="text-align: justify">FLOKI has been frequently mentioned due to recent investments and token burns. Its market cap is $1.6 billion, and its 24-hour trading volume has increased by 19% to $186 million.</p> 
<p>FLOKI, which has led price increases alongside PEPE and has risen over 500% in the past year, continues to be watched closely to see if it will reach new all-time highs and perform well in a <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">bull market</a>.</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/cryptocurrencies-show-mixed-performance-despite-btc-rise/" data-wpel-link="internal">Cryptocurrencies Show Mixed Performance Despite BTC Rise</a></h5>

Cryptocurrencies Show Mixed Performance Despite BTC Rise

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