Meme Coins are the rulers of 2024, which have grabbed all the profits since the beginning, becoming the favored cryptos of investors. As of now, the meme-based cryptocurrencies have become a market of $46.1 Billion and handle 6 Billion in trading volume.
The popularity of meme coins can be seen with PEPE and WIF, which offer the highest gains in YTD% and outperform Bitcoin. The remaining coins are following the same even in bearish market situations. On that note, let us discuss some meme cryptocurrencies being bullish in today’s market conditions.
Cat In The Dog World (MEW)
MEW, a popular meme coin, is in highlight today with its increasing demand in the market. The increased trading volume has pushed its trading volume by 192% to $238,820,416. The impact of this increased network activity is also visible on the MEW price, as it is at $0.004598 after a 9% surge. Even in the declining market, many cat-themed meme coins are bullish today, including MEW.
PEPE Unchained (PEPU)
PEPU is bullish even in its presale stage as the investors are eyeing this meme coin for being better than the PEPE. It is not like other crypto entering the market to follow a trend but to create a new image around meme coins by launching the world’s first layer2 network for meme coins, challenging Ethereum. As of now, the PEPU price is $0.008 and offers better speed and transactional volume, security, staking rewards, and much more..
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Shina Inu (SHI)
After following a downtrend for days, the SHI price is finally making a recovery with its 6% gains in the last 24 hours. With its involvement in meme coins and Non-Fungible Tokens (NFTs), SHI peaked at the beginning of this year, creating an all-time high of $0.0001129, which is now 99.35% from the current value of $0.0001129. As the price has begun to move away from the downtrend, the 91% surge in its trading volume of $407,465 can increase the chances of continuation.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.