The rise in cryptocurrencies following the incident involving Donald Trump has reached a new level today. Bitcoin price continues to trade at $63,500, while the market has not surprised investors, and meme coins continue to exhibit market-leading movements. Due to their high volatility, meme coins remain a top choice for investors.
PEPE, WIF, and FLOKI Soar
In June, PEPE, which had multiple ATHs and then sharply fell, WIF, which marked the last bull run, and FLOKI, supported by market investment firms, have dominated the market in the last 24 hours. WIF, the most profitable meme coin of the day, rose by 21.79%, followed by FLOKI with a 19.60% increase. PEPE followed with a 19.33% rise.
WIF price, after the rise, surpassed $2 and continues to trade at $2.10, while PEPE surpassed $0.000010 and is trading at $0.0000109. FLOKI price reached $0.0001794.
This rise reflects a much larger increase compared to BTC’s over 6% rise. Despite the announcement of when the Spot Ethereum ETF will start trading, even ETH’s price did not rise as much as these meme coins, which currently pleases investors.
DOGE and SHIB Prices
DOGE, a pioneer in the meme coin market and unquestionably at the top, seems to be doing well today. DOGE price rose by 6.88% in the last 24 hours and is trading at $0.1225. DOGE’s market cap surpassed $17.7 billion again, with a trading volume approaching $1 billion, reaching $855 million.
SHIB, the closest follower of DOGE, seems to be following a similar trend. SHIB’s price also rose by 6.72%, reaching $0.00001861. After this rise, the market cap increased to just below $11 billion.