Cryptocurrencies Show Mixed Performance Despite BTC Rise
Release: 2024/07/02 10:44 Reading: 275
Cryptocurrencies Show Mixed Performance Despite BTC Rise
Meme Coin Performance
Despite Bitcoin's recent growth, meme coins have exhibited varying performance.
Shiba Inu (SHIB)
SHIB, once considered a "DOGE killer," has experienced a significant decline since its 2021 surge. In the last 24 hours, SHIB has fallen by 2.46%, trading at $0.00001702. Its 7-day performance indicates a slight recovery, with a decline of only 0.60%.
Investors remain cautious due to concerns about SHIB's large supply and ongoing token burns. Its market cap has recovered above $10 billion, but its trading volume remains low at $188 million.
PEPE Coin (PEPE)
PEPE has also struggled despite recent all-time highs. In the last 24 hours, PEPE has dropped by 6%, trading at $0.00001138. Its market cap remains below $5 billion at $4.7 billion, but its 24-hour trading volume has increased to $470 million.
Floki Inu (FLOKI)
FLOKI has also experienced a decline, falling by 3.7% in the last 24 hours. It is currently trading at $0.0001687. FLOKI's market cap is $1.6 billion, and its 24-hour trading volume has increased by 19% to $186 million.
Investors are monitoring FLOKI to determine if it can reach new all-time highs and perform well despite the current market conditions.
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