Crypto Market Shows Signs of Recovery
Crypto assets are witnessing daily gains, with sectors such as Solana meme coins and decentralized finance (DeFi) aiming for a breakout. This week, assets are experiencing a rebound, though many may still exhibit losses due to recent negative trading. The market capitalization has surged by approximately 2% over the past 24 hours, standing at $2.42 trillion.
Meme Coins Gain Momentum
Meme coins have seen significant gains, with an overall 5% increase today as top assets recover. Bitcoin remains above $65,000, with bulls anticipating a potential rally to exceed $70,000 if positive sentiment persists.
Solana Meme Coins Stage Breakout Attempts
Solana meme coins, which had been trading in a range for over a week, have recently shifted direction. Here are the leading Solana meme coins attempting a breakout this week:
RNT
The Tate-themed RNT token has skyrocketed after a period of stagnation. The Solana meme coin has gained 103% today, trading at $0.01082. While daily gains are positive, longer-term indicators suggest outflows. Its daily trading volume has increased to $22.9 million, indicating sustained growth and potential for a breakout.
Pepe Trump