Crypto belongings proceed sideways right this moment with meme cash like Mog coin, dogwifhat, and Popcat posting double-digit positive aspects. This comes after sustained market fluctuations previously two weeks prompting a destructive sentiment. Bitcoin hovering round $61,000 has led to outflows in numerous markets with the market capitalization plunging to $2.2 trillion.
Particularly, meme cash are shifting in the same route though some belongings picked up the tempo whereas defying traits. With these tokens hovering, bulls present slight optimism within the wider markets. Mog coin, dogwifhat, and Popcat lead high meme coin market positive aspects right this moment.
Mog coin Leads The Pack
Amongst high belongings, Mog coin has soared to double-digit inflows with constant longer-term numbers. Within the final 24 hours, the asset is up 15% with elevated volumes as customers ramp up purchases. The asset’s uphill momentum can also be seen in weekly numbers as inflows nearly double. Mog coin is up 80% within the final seven days whereas 14 days inflows tapped 116%.
The excessive figures have attracted bullish predictions on Mog coin price coupled with an anticipated flip in market sentiments ought to macro elements turn out to be optimistic. Dogwifhat price soared to $2.12 after an 11% every day improve. This 12 months, WIF has seen large traction from the meme coin frenzy in Q1 2024.
Within the final seven days, dogwifhat moved up 19% taking its market cap to $2.1 billion. Day by day volumes are additionally up to $452 million outpacing most belongings within the final 24 hours.
Popcat’s Doubles Its Market Cap
Whereas gainers notched double-digit inflows, Popcat hit triple digits as weekly figures hit 115%. At this time, the asset spiked 8.7% including to constant long-term inflows. Popcat’s market cap is up $607 million whereas every day buying and selling volumes are above $61.1 million. Within the wider market, Bitcoin posted slight 0.4% losses right this moment whereas Ethereum’s price stands at $3,381. Crypto belongings like Solana, Dogecoin, and Cardano additionally noticed exits within the final 24 hours.
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The offered content material could embrace the private opinion of the writer and is topic to market situation. Do your market research earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
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