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MainNewsCrypto Updat...

Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K


May, 23, 2024
1 min read
by CoinEdition
Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K
  • PEPE has soared by 63.63% to reach $0.00001467, setting a new all-time high.
  • Similarly, Solana meme coins BONK, WIF, and BOME, surged by over 30%.
  • However, Shiba Inu shoulders a 3% loss in the cumulative seven-day trajectory.

The meme coin landscape is once again leading the narrative as the crypto market enters the second phase of the bull cycle. With Bitcoin returning to the $71K range, some meme coins have taken the spotlight from Bitcoin, registering significant double -digit percentage growth.

Take PEPE, for example, which was trading at a mere $0.000008947 just a week ago. Today, it has skyrocketed by 63.63% to reach $0.00001467, setting a new all-time high.

Similarly, Solana’s premier meme coin, BONK, sold for $0.00002367 on May 16. By May 23, BONK had achieved a 46.39% rally that took its market value to $0.00003465.

Dogwifhat (WIF) and BOME, other prominent meme coins in the Solana ecosystem, have recorded a similar 30% uptick in their seven-day trajectory. Meanwhile, Shiba Inu, the second most valuable meme coin, has been on the sidelines while WIF, BOME, PEPE, and BONK surged.

Currently, Shiba Inu bears a 3% loss in the cumulative seven-…

The post Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsCrypto Updat...

Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K


May, 23, 2024
1 min read
by CoinEdition
Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K
  • PEPE has soared by 63.63% to reach $0.00001467, setting a new all-time high.
  • Similarly, Solana meme coins BONK, WIF, and BOME, surged by over 30%.
  • However, Shiba Inu shoulders a 3% loss in the cumulative seven-day trajectory.

The meme coin landscape is once again leading the narrative as the crypto market enters the second phase of the bull cycle. With Bitcoin returning to the $71K range, some meme coins have taken the spotlight from Bitcoin, registering significant double -digit percentage growth.

Take PEPE, for example, which was trading at a mere $0.000008947 just a week ago. Today, it has skyrocketed by 63.63% to reach $0.00001467, setting a new all-time high.

Similarly, Solana’s premier meme coin, BONK, sold for $0.00002367 on May 16. By May 23, BONK had achieved a 46.39% rally that took its market value to $0.00003465.

Dogwifhat (WIF) and BOME, other prominent meme coins in the Solana ecosystem, have recorded a similar 30% uptick in their seven-day trajectory. Meanwhile, Shiba Inu, the second most valuable meme coin, has been on the sidelines while WIF, BOME, PEPE, and BONK surged.

Currently, Shiba Inu bears a 3% loss in the cumulative seven-…

The post Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Meme Coins Dominate PolitiFi Market as 2024 Election Nears

Trump Meme Coins Dominate PolitiFi Market as 2024 Election Nears

Political meme coins have seen a surge in popularity, with former President Donald Tr...
Jun, 25, 2024
< 1 min read
by CoinEdition
Shiba Inu Price Nosedives, Key Indicator Say This

Shiba Inu Price Nosedives, Key Indicator Say This

Shiba Inu (SHIB), the popular meme coin often considered a rival to Dogecoin, has suf...
Jun, 24, 2024
< 1 min read
by CoinEdition