Technology

4 Meme Coins With Bullish Trend Today – Crypto News

Published

1 year ago

April 23, 2024

Dripp

Meme coins have experienced a decline in trading activity, as demonstrated by decrease of approximately 8.6% in trading volume, to record approximately $5.2 billion, over the past 24 hours. Boasting a total of about $53.5 billion in market capitalization, top meme coins dominate the cryptocurrency market by 2.2%. These tokens have risen as a significant trend, capturing the interest of both enthusiasts and investors. Meme coins, which are frequently associated with funny or humorous subjects, have recently experienced growth. This article will explore the current bullish trend seen in various memecoins today, examining their recent market performance.

1. Pepe Coin (PEPE)

Pepe Coin, inspired by a popular frog meme, continues to have a significant impact in the world of cryptocurrency. The token has demonstrated resilience after making a rebound from a recent market crash, that persisted slightly through the completed Bitcoin halving. It has emerged today to become the best performance among popular meme cons.

PEPE has experienced a notable increase of 6.88% in the past 24 hours at a rate of $0.000006843 per token. The remarkable expansion has persisted in the past week, with a rise of 35.48%, and in the last month, seeing a 7.79% increase. PEPE continues to dominate the meme coin market with a trading volume of $1,009,582,501 and a market capitalization of $2,878,730,215.

The possibility of a Coinbase listing and breaking key resistance levels are driving speculation about Pepe’s future. Its narrative highlights the lasting appeal of meme coins in the crypto market.

2. Mumu the Bull (MUMU)

Mumu the Bull is also a new token on Solana platform, claimed to be a movement aiming to bring all individuals in the crypto community together. Trading at $0.00001013, MUMU has experienced a notable 11.02% increase in the past day, indicating positive market sentiment. In the last week, MUMU has experienced a rise of 32.26%, while its growth rate over 30 days is 9.06%. MUMU is gaining popularity in the meme coin world with a trading volume of $3,991,548 and market capitalization of $23,596,752.

3. GUMMY

GUMMY, a new player in the meme coin industry, has attracted traders’ interest due to its fun concept and positive market results. The 420 Weed Gummy Bear on Solana, is currently valued at $0.1644, showing a slight 1.47% growth within the last day. Nevertheless, its exceptional performance is clearly seen, since it recently started trading, experiencing a remarkable increase of 61.53%. Having a trading volume of $78,632,159 and a market capitalization of $187,395,918, GUMMY is rapidly gaining traction and solidifying its position as a competitive player in the meme coin market.

4. Memecoin (MEME)

MEME, the native token of Memeland demonstrated endurance and consistent growth within the meme coin industry. The token is currently priced at $0.02958, showing a 1.22% rise in value in the last 24 hours. The performance in both the previous week and month has been equally remarkable, with increases of 12.80% and 20.83%, respectively. Meme Coin continues to be a significant participant in the meme coin ecosystem with a trading volume of $39,614,855 and a market capitalization of $353,907,034.

Conclusion

The increasing impact of meme coins in the cryptocurrency market is highlighted by the positive trend seen today. Investors are constantly seeking various investment options and ways to diversify their portfolio. Meme coins come in handy providing an opportunity for speculative trading and potential profits. PEPE, MUMU, GUMMY, and Meme tokens continue to attract investors with their distinctive themes and solid market success. However, just like any other investment, careful and thorough research should be conducted before committing any money in meme coins. As the cryptocurrency market progresses, these tokens are anticipated to remain engaging in this ever-changing environment.

Up Next

Sundar Pichai fires 20 more employees for protesting Google’s Israel cloud deal: ‘Company not a place to debate politics – Crypto News

Don't Miss

Get Apple’s iPhone 15 on Flipkart for less than ₹35,000: Here’s how the deal works – Crypto News

Click to comment