Release: 2024/02/28 06:29 Reading: 419
In an abrupt price surge, Solana-based meme coin Dogwifhat (WIF) exploded 43% on Monday, with over $90 million in trading volume recorded across multiple exchanges, including DEXs.
WIF is trading at $0.5679 at press time, witnessing a 190% increase in trading volume.
It’s not just WIF, though – other popular meme coins are also trading well in the green, charting massive gains in the past 24 hours, and are perhaps worth watching throughout the week.
BONK, another Solana-based memecoin, saw a notable spike on Monday and early Tuesday, surging 16%, trading at $0.0000142 at press time.
See Also: Meme Coin GameStop (GME) Price Dumbed 70%
Overall, it seems like the meme coin market has seen renewed interest after weeks filled with practically no action while BTC took the spotlight.
PEPE, for instance, is up 50%, trading at $0.00000217, with a 250% increase in trading volume, according to data from Coinstats.
WIF, PEPE, and BONK seem to be the top three meme coins to watch in the upcoming days, but others are also charting considerable gains.
FLOKI, which originally started as a meme token and now powers the Floki ecosystem, is another top gainer, up 19% and currently priced at $0.00004752.
Interestingly, MAGA (TRUMP), a meme coin inspired by the political slogan “Make America Great Again” popularized by former US President Donald Trump, has exploded nearly 85% weekly, with an additional 18% surge on Monday. The coin is worth $5.75 at press time.
See Also: Meme coin PepeFork (PORK) Price Fell 32% In 24 hours As Traders Dump Their Holdings
The two heavyweights in the field – DOGE and SHIB – are also trading in the green, but their gains are smaller compared to the above.
DOGE and SHIB surged by 7% during the past 24 hours.
However, DOGE’s recent price behavior draws some interesting comparisons to its performance in 2020, displaying a similar pattern that preceded a massive surge of 28,770%.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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