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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/meme-coin-market-dynamics-pepe-floki-and-bonk/" data-wpel-link="internal">Meme Coin Market Dynamics: PEPE, FLOKI, and BONK</a><br></p>
<p style="text-align: justify">Looking at the past weeks in the cryptocurrency market, <a href="https://coin-turk.com/bitcoin-6-000-dolara-mi-geriliyor" data-wpel-link="internal">Bitcoin</a> has clearly capitalized on its rise, with meme coins being the biggest unknowns in the market. On days when some projects couldn’t even achieve a 2x increase, some meme coins refreshed their All-Time Highs (ATH) and even yielded gains of more than 8x. On the other hand, the meme coin frenzy that emerged on the <a href="https://en.coin-turk.com/technical-analysis-for-solana-and-avax-insights-and-key-levels/" data-wpel-link="internal">SOL</a> network turned the entire market upside down. While all this was happening, top market projects like PEPE, FLOKI, and BONK experienced a decline after their rises. So, what is the current situation with these coins?</p> 
<h2 style="text-align: justify" id="what-s-the-current-dollar-value-of-pepe">What’s the Current Dollar Value of PEPE?</h2> 
<p style="text-align: justify">PEPE, one of the leading actors in the meme coin rise, had things going its way, and during the meme coin surge, the process led to PEPE knocking off a zero. Today, however, as the meme coin craze has moved to another dimension, the diminishing interest in PEPE has not gone unnoticed.</p> 
<p style="text-align: justify">As of the time of writing, PEPE’s price has fallen by 17% to $0.000006744, with a 21% decrease over the last 7 days. Nevertheless, PEPE’s gains were so significant that a monthly review showed its price had grown by over 400%.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-329848" src="https://coin-turk.com/wp-content/uploads/2024/03/pepe-usdt.png" alt="" width="1835" height="857"></p> 
<p style="text-align: justify">On the other hand, PEPE’s market capitalization is just over $2.8 billion, placing it 44th in the market cap rankings. PEPE’s 24-hour trading volume has fallen by 35.50% to just over $1 billion. This sharp decline could be interpreted as investor interest shifting to other cryptocurrencies.</p> 
<h2 style="text-align: justify" id="is-floki-coin-s-price-falling">Is Floki Coin’s Price Falling?</h2> 
<p style="text-align: justify">Following PEPE, FLOKI has been one of the most notable meme coins in the last month, but things do not seem to be going well. <strong>Floki Coin</strong> has fallen by over 19% in the last 24 hours to $0.0001883. FLOKI’s gains over the last month indicate a 480% increase.</p> 
<p style="text-align: justify">During this period, FLOKI’s market capitalization was $1.8 billion, while its 24-hour trading volume fell by 26% to $524 million.</p> 
<h2 style="text-align: justify" id="has-solana-s-bonk-stopped">Has Solana’s BONK Stopped?</h2> 
<p style="text-align: justify">It wouldn’t be wrong to say that all eyes are on the <a href="https://en.coin-turk.com/renowned-crypto-analyst-altcoin-sherpa-predicts-sharp-fall-in-solana-and-bitcoin/" data-wpel-link="internal">Solana</a> ecosystem. BONK, considered one of the pioneers of the Solana ecosystem’s meme coin craze, was doing well in the past weeks, but the last 7 days seem to have been challenging.</p> 
<p style="text-align: justify"><strong>Solana’s</strong> BONK is finding buyers at $0.00002324 after a 14% drop in the last 24 hours. <strong>BONK’s</strong> market capitalization has fallen to $1.5 billion, with a trading volume of $386 million after a 7% decrease.</p> 
<p style="text-align: justify">Recently, BOME took over the market and captured all the attention. Following this, thousands of new projects were created within the Solana ecosystem, concentrating investor interest on the ecosystem’s meme coins.</p> 
<p style="text-align: justify">This intensity has also reflected on the price of SOL, which today surpassed the $210 mark for the first time in a long while, moving closer to its ATH. It would be beneficial for investors to remember that SOL was trading at $8 at the beginning of 2022.</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/meme-coin-market-dynamics-pepe-floki-and-bonk/" data-wpel-link="internal">Meme Coin Market Dynamics: PEPE, FLOKI, and BONK</a></h5>

Meme Coin Market Dynamics: PEPE, FLOKI, and BONK

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