Memecoins Lead Market Recovery by Hitting New Highs
Release: 2024/10/07 23:09 Reading: 515
- Original author：TheNewsCrypto
- Original source：https://thenewscrypto.com/?p=110100
Memecoins Surge Amid Market Recovery with Increased Trading Volume
The cryptocurrency market is experiencing a bullish revival, with the overall market up 2% and trading volume surging by 62%. Popcat, Pepe, and Mog Coin have experienced remarkable price gains and bullish momentum.
Popcat (POPCAT)
Popcat has seen a remarkable 15% increase in the past 24 hours, currently trading at $1.44. Trading volume has skyrocketed by 124% during this period. POPCAT recently hit an all-time high of $1.48, with trading fluctuations between $1.25 and $1.48 today.
Analysts suggest that if bullish momentum continues, POPCAT could reach $1.65; however, sustained bearish pressure might drive it down to $1.06.
Pepe (PEPE)
Pepe has experienced an 11% increase over the last 24 hours, currently trading at $0.00001035. Trading volume has risen by 118%. PEPE reached a five-day high of $0.00001079, fluctuating between $0.00000931 and $0.00001075 today.
Analysts predict that if bullish momentum persists, PEPE could rise to $0.00001194, while a bearish scenario could see it drop to $0.00000824.
Mog Coin (MOG)
Mog Coin has seen a significant 18% surge in the past 24 hours, currently trading at $0.000001697, with an impressive 141% increase in trading volume. It reached a six-day high of $0.000001786, fluctuating between $0.00000142 and $0.00000177 today.
If bullish momentum continues, MOG could reach $0.000001979, while bearish pressure could push it down to $0.000001161.
Market Trends
Notably, large Dogecoin holders accumulated 2.07 billion DOGE last week, marking the highest accumulation since January of this year. Additionally, Doge Wifhat has hit a three-month high of $2.71, with a 15% surge in the past 24 hours.
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