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Meme Coins Fuel Crypto Market Recovery, Bitcoin Follows

Release: 2024/08/10 04:02 Reading: 423

Original author：Coin Edition

Meme Coins Leading Crypto Market Rebound

Meme coins have emerged as a driving force behind the ongoing recovery in the cryptocurrency market.

Strong Performance by Top Meme Coins

Shiba Inu (SHIB) has surged by 30% since its recent dip, currently trading at $0.000001416.

Among the top meme coins, Dogwifhat (WIF) has outperformed the market, posting an impressive 80% gain.

Dogecoin's Recovery

Dogecoin (DOGE), the most well-known meme coin, experienced a dip on Monday but has since rebounded by 18% to approximately $0.1054.

Other Meme Coin Rebounds

Other popular meme coins, including Pepe (PEPE) and Bonk (BONK), have also witnessed significant price rebounds.

Conclusion

Meme coins are contributing to the broader crypto market recovery, with Bitcoin (BTC) also showing signs of positive momentum.

Source: Coin Edition

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