Dogecoin, PEPE, BONK Bounce Back After Bitcoin’s Rally to $95K

Meme coins Dogecoin, PEPE, and BONK are experiencing substantial price rebounds after a recent market downturn.

BONK has increased by 3.5% today, PEPE has regained its weekly losses, and Dogecoin has surpassed the $0.40 level.

According to an analyst, Dogecoin's bullish trend relies on maintaining its position above the $0.40 mark.

The meme coin sector is recovering, with notable gains witnessed by tokens such as Dogecoin, PEPE, and BONK within the past 24 hours. This follows a market decline experienced on Tuesday, during which these tokens depreciated by over 10%.

It's worth noting that the meme coins' decline coincided with Bitcoin's bearish volatility on that particular day. With Bitcoin currently trading above $95K, the meme coin sector aims to resume its role as a market leader.

Dogecoin, PEPE, and BONK Price Rebounds

For instance, BONK has experienced a 3.5% increase today, currently trading at $0.00004358. However, the token is still down 18% over the past week, significantly below its recent all-time high of $0.00005916.

Meanwhile, PEPE has entirely recovered from its weekly losses, with its weekly performance now reflecting a 0.51% gain. PEPE has experienced a 6% increase today and is currently trading at $0.00001955. However, it remains 22% below its all-time high of $0.00002524, which was reached two weeks ago.

At the time of writing, the meme c…

Original source: Coin Edition