Meme Coins Experience Resurgence After Market Downtrend
Fueled by a market surge, meme coins have seen a collective 7.54% increase.
Top Performers
- Dogecoin (DOGE): Up 4.7%
- Pepe (PEPE): Up 10.7%
- Brett (BRETT): Up 18.3%
Emerging Meme Coins
New meme coins, MOG Coin and Cats in a Dogs World, gained 24.5% and 7.6%, respectively.
Recent Market Dynamics
On Monday, the meme coin market experienced a 7% dip, mirroring the broader cryptocurrency market correction. However, this was followed by the current upswing.
Notably:
- Low-cap meme coins, such as RYU, ANDY, and M, experienced more significant price declines during the market dip.
Conclusion
Despite a recent downturn, meme coins have regained momentum, showcasing their resilience within the cryptocurrency landscape.