3 Meme Coins To Buy Amid Market Recovery – Crypto News

Crypto assets are gaining lost positions today with altcoins and top meme coins notching slight upward movements. The crypto market has traded negatively over the last week as Bitcoin fell below $70,000 before moving downward to $65,000. With billions liquidated, crypto assets plunged affecting decentralized finance (DeFi) numbers, and institutional inflow. 

However, today’s rebound has sent positive signals around the market with meme coin bulls seeing 100X gains to push the market cap to previous levels. The total crypto market cap stands at $2.47 trillion, a 2.3% increase in the last 24 hours. However, meme coins have plummeted 5% in the same window and saw total values fall to $49.4 trillion. Amid assets recording inflows, here are meme coins to buy.

Grok1.5

Grok1.5 is up 100.3% today marking a turn in trading sentiments. These daily gains have increased the string of inflows on a long-term basis. Weekly inflows grew to 57.7% while monthly figures are at 68.3%. Grok1.5 exchanges hands at $0.0000008 at press time with a 24-hour trading volume of over $75,000. 

Grok1.5 is among the meme coins to buy due to a jump in AI tokens. In the last 24 hours, AI coins surged after Nvidia became the largest company by market capitalization.

Basenji (BENJI)

Basenji trades at $0.07332 and has climbed 78% today picking up short-term gains to wipe out negative sentiments. Weekly figures are still in the red zone falling 21% while monthly numbers are up a massive 323%. According to data from CoinGecko, the asset’s market capitalization is at $73.3 million while daily volumes hover around $5.6 million.

Billy

Billy’s price has topped 50X gains today with 58% gains after intraday earnings. The asset trades at. $0.04881 as new meme coins continue to attract bullish investors. In the last 24 hours, trading volumes tapped $45 million indicating a bullish presence around the asset. Market enthusiasts also point to future bullish trends amid crypto becoming an election issue in the United States as positive drivers.

Also Read: Will The Matic Price Recover In June 2024?

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David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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