Price: $0.38364 1.6394%
Market Cap: 56.35B 1.7376%
Volume (24h): 8.06B 0.4%
Dominance: 1.7376%
Price: $0.38364 1.6394%
Market Cap: 56.35B 1.7376%
Volume (24h): 8.06B 0.4%
Dominance: 1.7376% 1.7376%
  • Price: $0.38364 1.6394%
  • Market Cap: 56.35B 1.7376%
  • Volume (24h): 8.06B 0.4%
  • Dominance: 1.7376% 1.7376%
  • Price: $0.38364 1.6394%
Home > Information news > Post-halving market shake-up: DUKO thrives as major cryptocurrencies falter

Post-halving market shake-up: DUKO thrives as major cryptocurrencies falter

Release: 2024/04/25 17:56 Reading: 484

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/6623c58c7bc5e942bd6e7a0e

Hours after the highly anticipated Bitcoin halving event, the crypto market's overall value has decreased by at least 1.32%. However, several meme coins, including Duko (DUKO), PepeFork (PORK), and Byte (BYTE), made substantial gains.

Duko

According to crypto data aggregator CoinMarketCap, DUKO surged over 76% in the past 24 hours, trading at $0.002852 at the time of writing.

The uptick was accompanied by a trading volume of $6,285,822, making it the 448th most traded token in the crypto market.

DUKO 24 hr price chart | Source: CoinMarketCap

The price increase continues a trend observed over the past several weeks. Over seven days, DUKO's value has increased by more than 122%, according to data from CoinGecko. The meme coin has also been in the green over the past 14 days, registering a 32.5% growth.

However, its current price is still nearly 34% lower than it was 30 days ago, despite the impressive upticks in between.

PepeFork

PepeFork (PORK) ranks 591st in terms of market cap. It gained over 11% in the past 24 hours and is currently trading at $0.00000001998.

PORK 24 hr price chart | Source: CoinMarketCap

However, over seven days, PORK's current price reflects an 11.6% drop, while over two weeks, it represents a nearly 38% loss in value.

The trend is similar to PORK's 30-day price chart, which, according to CoinGecko, is still down by more than 56%.

Byte

The other meme coin to buck the general crypto market trend was Byte, a token inspired by Tesla owner Elon Musk's announcement that he would name his next pet dog "Byte."

According to data from CoinMarketCap, the meme coin has risen 12.3% over the previous 24 hours of trading.

BYTE 24 hr price chart | Source: CoinMarketCap

The meme coin's latest price bucks a trend that sees it in the red over different time frames. Compared to seven days ago, the value of BYTE is still 0.9% lower.

Over 14 and 30 days, the picture is much more somber, with the meme coin 12.1% and 41.7% below the price it respectively attained in those periods.

While such lower-capped meme coins have performed well in a post-halving market, better-known tokens, including Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), and Pepe (PEPE), were all in the red.

The biggest loser among them was WIF, whose current price of $2.75 is a 6.7% drop from 24 hours ago.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.