The activity in meme coins, a crucial part of cryptocurrencies, has impacted the entire market. The massive rises in PEPE and WIF have made investors very happy. Additionally, a notable price movement was observed for DOGE in today’s stagnant market conditions. So, what is happening in the meme coin market right now?
Dogecoin (DOGE) Comments
Elon Musk has indirectly or directly supported DOGE many times over the years, leading to an active week for DOGE. The rise in DOGE’s price today surpassed other high-volume meme coins, marking an event that hasn’t happened in a long time.
DOGE‘s price saw a 6.92% increase in the last 24 hours, reaching $0.1339, reflecting a 19% rise over the past 7 days. However, a 0.83% drop in the last hour suggests that investor interest might be waning.
DOGE’s market cap surpassed $19 billion for the first time in a long while, reaching $19.44 billion. More importantly, the 24-hour trading volume exceeded $1.080 billion after a 58% increase.
How Much is Shiba in TL?
SHIB, the second-largest meme coin by volume, experienced a 10% drop due to selling pressure following a recent general rise. Currently, it is trading at $0.00001817 after a 0.71% increase in the last 24 hours.
SHIB‘s price in TRY is 0.00060160 TL. SHIB’s market cap is approaching $11 billion, while its trading volume fell by 24%, reaching $444 million.
Despite the drop during the week, SHIB’s 7-day rise of 5.44% shows its continued strength.
How Much is Pepe Coin in TL?
Despite a rise in the last 30 days, PEPE’s price trend shows a decline today. PEPE’s price movement in the last 24 hours was 4.99%, resulting in a price of $0.00001227.
PEPE/TRY‘s price is 0.00040964 TL. WIF’s market cap fell to $5.1 billion, while its trading volume dropped below $1 billion, settling at $859 million.