PEPE and WIF Meme Coins Recover as Others Struggle
Release: 2024/07/06 20:30 Reading: 474
Meme Coins Surge Amidst Market Recovery
PEPE has experienced a 14% surge in the past 24 hours, following a market crash that saw all cryptocurrencies decline significantly. Other meme coins, such as Hoppy, Windoge 98, and Cog Inu, have also witnessed gains.
PEPE's Performance
Despite reaching an all-time high of $0.00001718, PEPE faced a downtrend in June. However, the recent surge has boosted its price to $0.000009081, though it remains below its peak. Technical indicators suggest a selling zone, but if PEPE surpasses $0.00001245, it could reach $0.00001478.
Meme Coins Lead Market Recovery
WIF, which reached a low of $1.5 on June 5th, has surged 26% in the past 24 hours. Hoppy, Windoge 98, and Cog Inu have also gained significantly, contributing to an overall 13% increase in meme coin market capitalization.
Dog-Themed Meme Coins Perform Well
Dogecoin, Shiba Inu, BONK, and FLOKI have all shown positive gains, with BONK seeing a particularly notable 14.46% increase.
Market Recovery After Recent Dip
Despite the market's 5% gain today, fear and uncertainty remain evident, as the fear and greed index sits at 37. The coming days will determine whether the recovery continues or if further declines follow.
Disclaimer: Information provided is for educational purposes only and does not constitute investment advice.
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