DOGE, PEPE, BRETT, and Newcomers Fuel Memecoin Comeback After Slump

• Meme coins surged by 7.54%, with DOGE up 4.7%, PEPE 10.7%, and BRETT 18.3%.
• New meme coins MOG Coin and MEW gained 24.5% and 7.6%, respectively.
• Bitcoin dropped below $61,000 for the first time since May, hitting $58,118.

Following the cryptocurrency market’s downtrend in the past week, memcoins are resurging, highlighted by price gains within the sector. The meme coin sector rose by 7.54% in the recent intraday session, with popular meme coins and other newcomers printing green figures.

Dogecoin (DOGE) rallied by 4.7%, trading at $0.12363, while Pepe (pepe) rose by 10.7% to 0.00001. Base Chain’s mascot, Brett (BRETT), also printed an 18.30% increase, reaching $0.15670.  In the same time frame, new meme coins such as MOG Coin (MOG) and Cats in a Dogs World (MEW) gained 24.5% and 7.6%, respectively. 

On Monday, the meme coin market dipped by 7% as the entire cryptocurrency market witnessed a correction. Similarly, the sector’s popular assets saw their prices slip, including larger-cap meme coins such as DOGE, SHIB, PEPE, FLOKI, and BRETT.

Additionally, low-cap meme coins posted more significant price dips. For example, RYU slid by 79%, while ANDY and M…

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