{"id":183546,"date":"2023-10-30T13:03:34","date_gmt":"2023-10-30T07:33:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=183546"},"modified":"2023-10-30T13:03:34","modified_gmt":"2023-10-30T07:33:34","slug":"memecoin-madness-pepe-dogecoin-and-shib-surge-amid-crypto-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/memecoin-madness-pepe-dogecoin-and-shib-surge-amid-crypto-rally-crypto-news\/","title":{"rendered":"Memecoin Madness: PEPE, Dogecoin and SHIB Surge Amid Crypto Rally – Crypto News"},"content":{"rendered":"
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Popular memecoins<\/a> haven’t been left out of the latest rally alongside heavyweight assets like Bitcoin<\/a><\/span> and Ethereum<\/a><\/span>.<\/p>\n

Topping the list is the frog-themed Pepecoin<\/a>, which has enjoyed an overnight rally of almost 14%.<\/p>\n

PEPE is still worth fractions of a penny, though, trading hands now at $0.00000120 per CoinGecko<\/a>, meaning that 84 million PEPE tokens are only really worth $100. Over the week that rise is much steeper, too; the cryptocurrency has soared a whopping 90% since last Thursday.<\/p>\n

Pepecoin, as the name suggests, is based on the Pepe the Frog meme created by the artist Matt Furie. The character was, to his chagrin, appropriated<\/a> by the alt-right political movement for a period, as well as a large swath of the crypto community. To combat the move, Furie issued a series of NFTs to “mark [his] territory with Pepe.”<\/p>\n

The token’s backstory took a backseat, of course, once the token began making grotto-dwelling holders maddeningly rich. One investor even turned<\/a> $250 into $1 million in just four days\u2014on paper, at least.<\/p>\n

But what’s a memecoin rally without the market’s favorite doggos?<\/p>\n

Dogecoin<\/a><\/span> has risen double-digits since yesterday, reaching $0.073 at press time. Like its amphibious counterpart, DOGE’s rally has been far more pronounced when examined over the week, soaring 25%.<\/p>\n

Shiba Inu<\/a><\/span> is no different, jumping 7% overnight and another 18% since last Thursday, while FLOKI, another dog-themed coin, is up over 20% on the day and 70% on the week.<\/p>\n

The bullish trend is still just that, though, a trend.<\/p>\n

Just about every asset, even those like Solana<\/a><\/span> that have enjoyed more than 33% in gains since last week, are still miles off from their all-time highs. SOL, for example, still needs to rise another 87% before it returns to its all-time high in 2021.<\/p>\n

As for PEPE, it’s still off more than 70%.<\/p>\n

The same’s true for DOGE and SHIB, each needing a 90% rise to reclaim their previous highs.<\/p>\n

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Disclaimer<\/p>\n

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.<\/p>\n<\/div>\n

Edited by Stephen Graves<\/a><\/i><\/p>\n

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<\/p>\n

Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Popular memecoins haven’t been left out of the latest rally alongside heavyweight assets like Bitcoin and Ethereum. Topping the list is the frog-themed Pepecoin, which has enjoyed an overnight rally of almost 14%. PEPE is still worth fractions of a penny, though, trading hands now at $0.00000120 per CoinGecko, meaning that 84 million PEPE tokens […]<\/p>\n","protected":false},"author":2,"featured_media":112404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-183546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=183546"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183546\/revisions"}],"predecessor-version":[{"id":183552,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183546\/revisions\/183552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/112404"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=183546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=183546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=183546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}