Pepe, Floki Lead Memecoin Surge, While Bonk Stumbles
Pepe (PEPE) has surged 5.66% from its support level of $0.00001319, reaching a high of $0.00001503. This bullish trend has also increased its market cap by 5.60%.
FLOKI has rebounded with a 1.17% rise, despite a significant 21.96% decline in trading volume.
BONK, after testing resistance at $0.0000358, has rallied 2.14%, maintaining its bullish dominance.
PEPE Technical Analysis
PEPE's surge has pushed its market capitalization to $6,101,284,450 and its 24-hour trading volume to $2,150,287,689. If bulls surpass the resistance level of $0.00001503, further targets lie at $0.000016 and $0.000017. Conversely, a dip below the current support level of $0.0000145 could expose $0.000014 and $0.000013.
Memecoin Market Dynamics
While PEPE and FLOKI have experienced gains, the memecoin market has shown mixed reactions.