Pepe

Memecoin

<ul> 
 <li><strong>PEPE’s trading volume has surged by 48% to hit $1.13 billion.</strong></li> 
 <li><strong>The meme coin market cap has noted an increase of 6.17%.</strong></li> 
</ul> 
<p>The cryptocurrency market has witnessed a prolonged downtrend as the bears put pressure on the potential bull market. The entire market was bleeding lately. However, the global crypto market cap is up 3.21% to $2.11 trillion over the last day. Similarly, the total crypto market volume increased by 33.78% to $87.97 billion. Besides, Bitcoin, the leading cryptocurrency, experienced a spike of 3.38%, and Ethereum by 5.62%. Despite this according to the <a href="https://coinmarketcap.com/" target="_blank" rel="noreferrer noopener nofollow">CMC</a> Crypto Fear and Greed Index, the current market sentiment is still fearful at 37.&nbsp;</p> 
<p>Meanwhile, the meme coins have bounced back from critical levels. This spike usually is witnessed after prolonged bearish momentum. The volatile <a href="https://thenewscrypto.com/why-memecoins-trading-volume-soars-amid-bearish-takeover/" target="_blank" rel="noreferrer noopener">meme coin</a> market cap recorded a significant surge of 6.17%, and the trading volume is up by 26.41%. Three notable meme coins have soared considerably, which include Pepe, Bonk, and Floki.&nbsp;</p> 
<h3 class="wp-block-heading" id="h-pepe-pepe">Pepe (PEPE)</h3> 
<p>Pepe experienced a 13% surge in the last 24 hours, currently trading at $0.000009354. The trading volume has increased by 48% to $1.13 billion, and the market cap is noted at $3.94 billion. Despite this spike, PEPE was down by 18.98% over the past seven days. Similarly, it was down by 23.77% in the last month. The daily RSI is noted at 40.92, indicating a zone close to oversold. If the bullish momentum persists, Pepe could rise to $0.000009397, while with a <a href="https://thenewscrypto.com/dormant-pepe-whale-activity-sparks-attention-amid-price-decline/" target="_blank" rel="noreferrer noopener">bearish</a> rally heads-up, the price might drop to $0.000009293.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeAaW3gkA21ChGH5AYOSrT6ZrZXweBnr9_Li1P26ij1whg5WHuz5xX0hbc_DoCVZmHOD7u733gkdzd7DbEDk8CVAFLQg5uMA18bjaHN8Wd9TBF3Lp2zraFQMxN9DheZypbSvZyWO4hIIC9i4rNpfZgz-vmi?key=C1W-iyKYc7IKUJb3OlszeQ" alt="">
  <figcaption class="wp-element-caption">
   <em>Pepe Chart (Source: TradingView)</em>
  </figcaption>
 </figure>
</div> 
<h3 class="wp-block-heading" id="h-bonk-bonk">Bonk (BONK)&nbsp;</h3> 
<p>Bonk saw over a 24% surge in the past 24 hours, with its current trading price at $0.00002617. A remarkable increase of over 155% in trading volume is noted. Over the last week, <a href="https://x.com/bonk_inu" target="_blank" rel="noreferrer noopener nofollow">Bonk</a> witnessed a 0.17% increase in price, while the daily Relative Strength Index (RSI) indicates a neutral condition at 56.08. The bounce could reach $0.00002686 if the bulls lead the price, but if bearish pressure intervenes, it might drop to $0.00002587.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf_m-WmkAr3vSC5ODsoFS6WE6UcKVvFQaIfovgefxSE1Y-F43NECumRPBBqaJKXwWe2tWJOM7jkcGKW-Xi3NjUv4gswFf78NspofuQCv_TonoAYI8DaPFedzIlH6wJftSjKrCZkNlfphTez6Ar_cHGTdt4k?key=C1W-iyKYc7IKUJb3OlszeQ" alt="">
  <figcaption class="wp-element-caption">
   <em>Bonk Chart (Source: TradingView)</em>
  </figcaption>
 </figure>
</div> 
<h3 class="wp-block-heading" id="h-floki-floki">Floki (FLOKI)&nbsp;</h3> 
<p>Floki soared by 8.10% in the last 24 hours, currently trading at $0.0001472. The trading volume increased by 36.30% to $269 million. The asset was trading high at 0.0001855 last week. Over the past month, the asset is down by 47.49%, and the daily RSI indicates a slightly oversold condition at 40.54. If the short-term bull run persists, Floki could rise to $0.0001499, and if bears wake up, the price might dip to $0.0001414.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeZvw2xQaZBsco9zFqdKbEQxZYejao-iE0M6Bn8m_xpHQzDZ_8n9rh3Ujk9piQeZjZA2l7LxSUspDl2igb_uVqafTMcBBQ2O8L7dSc4QUP_7TmImYHiiNoFAxJs1xjnskLvi6Tb0I0_JWcLyoiHsTnO5uQ?key=C1W-iyKYc7IKUJb3OlszeQ" alt="">
  <figcaption class="wp-element-caption">
   <em>Floki Chart (Source: TradiongView)</em>
  </figcaption>
 </figure>
</div> 
<p>The crypto market is slightly recovering from the bearish pressure, with some of the meme coins climbing from weekly and monthly lows to surging double digits.&nbsp;</p> 
<p><strong>Highlighted Crypto News&nbsp;</strong></p> 
<p><a href="https://thenewscrypto.com/doja-cats-account-compromised-in-solana-memecoin-scam/">Doja Cat’s Account Compromised in Solana Memecoin Scam</a></p>

Meme Coins are Bouncing Back Amidst Market Fluctuations

Зміст

TheNewsCrypto

Інші статті, опубліковані 9 лип. 2024 р.

Solana traders, watch out! Volatility expected between THESE key levels

Today in BRICS: Modi strengthens friendship with Putin, Saudi stands up for Russia against US, an...

Ethereum Name Service (ENS) Pumps by 7.7% Following Official Listing on Upbit

Bitcoin Analyst Raises Doubts About Practicality Of S2F And Power Law Models: 'They Both Will Break'

Investors Analyze FLOKI, PEPE, and WIF Coin Price Predictions

Nigerium: Inside NITDA’s plan to build Nigeria’s indigenous blockchain network

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!