Memecoins continue to dominate the crypto market with their gains, being the best performers not only in the past 24 hours, but last week as well.
As the crypto market started to recover after the recent decline, following Iran’s attack on Israel, some memecoins managed to register significant gains.
During the past 24 hours, as Bitcoin showed bullish momentum, almost reaching the $64,000 price level, the two biggest gainers were Mog Coin (MOG) and dogwifhat (WIF). MOG surged by over 16% and currently has a market cap of around $656 million, while WIF jumped by almost 15% and has a market valuation of around $2.6 billion.
In the past 7 days another memecoin caught crypto investor’s attention – the Solana-based Popcat (CAT). The altcoin surged by over 44% to $1.40, reaching a $1.37B market cap.
Interestingly, the latest CoinMarketCap Q3 report confirms that memecoins have been the most popular category in the crypto space – a trend. that started gaining steam in September. Additionally, Solana topped Ethereum.
Memecoins are gaining steam, as investors are expecting the so called “altcoin season” to begin, propelling prices ot new highs.
Despite Bitcoin’s attempt to break past the $64,000 level, its price declined to around $63,000 at the time of writing.
Bonk (BONK) has gone down by 7.6% in the past 24 hours and currently stands at $0.00002800. Although the token has been on a downtrend for a few days, it is approaching a key area of support that could favor a bullish Bonk price prediction. Trading volumes have gone down by 18% during this period, […]
As Bitcoin and the broader altcoin market continue to swing unpredictably, blockchain analytics firm Santiment has identified six altcoins that have sparked intense interest across social media platforms.
On this day ten years ago—July 30, 2015—a revolutionary chapter in blockchain history began.
A new report from Standard Chartered highlights that publicly traded companies holding Ethereum (ETH) as a treasury asset have emerged as a unique and fast-evolving asset class, distinct from traditional crypto vehicles such as ETFs or private funds.