Shiba

Dogecoin

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/meme-coin-bulls-drive-march-surge" data-wpel-link="internal">Meme Coin Bulls Drive March Surge</a><br></p>
<p style="text-align: justify">In the cryptocurrency landscape, March has seen a resurgence of interest in meme coins, with bullish trends taking the spotlight. The market sentiment, boosted by looming expectations around the spot Ethereum ETF, has shown an uptick. Despite a slight 0.4% decline in overall cryptocurrency volume to $2.6 trillion within 24 hours, certain meme coins have experienced double-digit gains. This renewed activity indicates potential movements towards all-time highs. The total volume of meme coins stands at approximately $61 billion, driven by <a href="https://finance.coin-turk.com/" rel="nofollow noopener" target="_blank" data-wpel-link="exclude">investors</a> seeking quick profits.</p> 
<h2 id="what-drives-the-new-meme-coin-entries">What Drives the New Meme Coin Entries?</h2> 
<p style="text-align: justify">Despite a general rise in community-driven gains, new entries into meme coins have been prominent. While the total market value for meme coins is still below the $100 billion mark, increased entries into popular tokens like <a href="https://en.bitcoinhaber.net/dogecoin-a-meme-coins-resurgence-in-the-cryptocurrency-arena" data-wpel-link="internal">DOGE</a> and SHIB, as well as Solana-based meme coins, have been noted. Rising expectations have also led to increases in trading volumes and on-chain activities, with some meme coins reporting a 180% rise in daily trading volume. For meme coins to reach their all-time highs again, positive market sentiment must maintain an upward trajectory similar to the early quarters of 2024 and 2021.</p> 
<h2 id="which-meme-coins-lead-this-surge">Which Meme Coins Lead This Surge?</h2> 
<p style="text-align: justify">This week has observed a general growth in both established and newer meme coins. PEPE has led this surge with a 25% increase in the last 24 hours, trading at $0.00001391 and nearing its all-time high (ATH). Dogecoin (DOGE) saw a 5% rise over the last day and a 13% increase across the past week, maintaining its position at the top. Shiba Inu, while trading sideways today, recorded an 8% weekly gain. BONK, another meme coin, quickly reacted to the ETH rise and is now trading at $0.00003295 after a 2% rise.</p> 
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2> 
<p style="text-align: justify">For investors looking to capitalize on the meme coin momentum, here are some actionable insights:</p> 
<ul> 
 <li>Monitor trading volumes and on-chain activities to gauge market sentiment.</li> 
 <li>Focus on meme coins with significant increases, like DOGE, SHIB, and PEPE.</li> 
 <li>Stay updated with market forecasts and potential ETF developments.</li> 
 <li>Consider the historical performance during bullish periods in early 2024 and 2021.</li> 
</ul> 
<p style="text-align: justify">The increased interest and trading activities suggest a potential for meme coins to revisit their all-time highs, provided the positive market sentiment persists.</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-coin-bulls-drive-march-surge" data-wpel-link="internal">Meme Coin Bulls Drive March Surge</a></h5>

Meme Coin Bulls Drive March Surge

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