Meme Coins Surge Amidst Bullish Global Liquidity
As global liquidity rises, meme coins are exhibiting significant price strength. Neiro Ethereum, Popcat, and Dogwifhat are all experiencing rallies as investors anticipate a bull run in October.
Global Liquidity and Its Impact on Crypto Prices
Julien Bittel, Head of Macro Research at Global Macro Investor, emphasizes the positive correlation between global liquidity and crypto prices. The GMI Total Liquidity Index has begun a bullish reversal, signaling a potential surge in BTC prices in the coming months.
Meme Coins Thrive Despite Septober Worries
Dogecoin, despite fears of a "Rektember" decline, has surpassed the $0.102 mark, indicating potential for a bullish continuation to $0.15. Neiro Ethereum has emerged as a standout performer, rallying over 700% after Binance Futures announced the launch of NEIRO Perpetual Contracts. Solana meme coins Dogwifhat and Popcat have also experienced double-digit growth.
New Meme Coins Gain Momentum Ahead of Bull Run
Investors are actively seeking new meme coins with the potential for 100x returns. Pepe Unchained (PEPU) has raised nearly $13 million in its presale, driven by strong whale support. PEPU plans to launch a Layer-2 blockchain for meme coin trading, offering low costs and fast transactions. Shiba Shootout (SHIBASHOOT) has also garnered significant presale funding with its Wild-West theme and P2E game.
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