Cryptocurrencies Reach New Milestones in Market Surge
Release: 2024/03/09 05:54 Reading: 929
You can also read this news on COINTURK NEWS: Cryptocurrencies Reach New Milestones in Market Surge
Cryptocurrencies witnessed another historic day today. Bitcoin pushed its all-time high (ATH) to a new level, reaching up to $69,990 according to Binance indicators. Additionally, in the futures market, Bitcoin had surpassed $70,000. A similar situation occurred with ETH, which rose to $3,990, and notably traded above $4,000 in the futures market. Amidst all this, what’s the latest with meme coins?
Meme Coins Stamp Their Mark on the Market
The meme coin frenzy that started last week seems to be continuing at full speed this week. Led by Dogecoin (DOGE) and Shiba Inu (SHIB), the lower volume meme coins have made their mark throughout the week.
According to CMC data, amidst all this rise and even despite the recent artificial intelligence craze, the top of the list still featured four meme coins.
At the top of the list, with a 69% increase in the last 24 hours, was FLOKI (FLOKI). The FLOKI price had risen to $0.0002304 following the increase. More importantly, FLOKI had seen an increase of over 150% in just the last 7 days. FLOKI’s market capitalization had surpassed $2.337 billion.
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More Meme Coins Follow on the List
In second place on the list was Pepe (PEPE), with a 33% increase. The PEPE price was trading at $0.000009219 after a 33% increase in the last 24 hours. PEPE’s market capitalization had crossed the $3.8 billion mark.
PEPE stands out amongst all these dog-themed meme coins by having a frog theme.
In third place on the list was dogwifhat, a meme coin that Arthur Hayes had highlighted in the past. WIF hosted an incredible surge since last year. The increase in WIF over the last 24 hours was 31%.
The rise in WIF over the past 7 days was pointing to 97%. The WIF market capitalization at the time of writing was at $2.3 billion, indicating that it was moving much beyond investors’ expectations.
Finally, in fourth place on the list was BONK. BONK was one of the projects that made a significant impact last year and contributed greatly to the Solana surge. BONK’s price increased by 20.6% in the last 24 hours. After the increase, BONK’s price found buyers at the level of $0.00003317. The market capitalization BONK reached during this period had left behind $2.1 billion.
The post first appeared on COINTURK NEWS: Cryptocurrencies Reach New Milestones in Market Surge
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