The post Meme Coins Bounce Back as Dogecoin, Popcat and Crypto All-Stars All Rise appeared on BitcoinEthereumNews.com.

It’s been a great start to the week for meme coin traders. Dogecoin and Popcat have seen sizable price spikes, while Crypto All-Stars continues to impress investors in presale. With these three projects showing bullish momentum, market participants believe a “meme coin season” could be about to kick off. Dogecoin Shows Strength with Growing Trading Volumes Dogecoin, the original meme coin, isn’t messing around this week. It has climbed to $0.148 in a rally that has caught the attention of crypto traders worldwide. After Friday’s dip, DOGE has bounced back strong with a 15% gain and is on track for its third day in the green. This surge has pushed DOGE to levels unseen since mid-June. And the technicals look even more promising. On the 4-hour chart, DOGE’s breakout from a tight bull flag pattern hints at more upside potential. Spot trading volumes back this up, spiking 112% to $1.8 billion over the past day – enough to make DOGE the seventh most traded crypto, ahead of BNB and XRP. Derivatives traders are taking notice too, as open interest now exceeds $1 billion. While Bitcoin’s rally is likely fueling much of this momentum, DOGE is showing why it’s still the world’s most loved meme coin. Popcat Gains Momentum After Major Influencer Endorsement Not letting Dogecoin get all the attention, Popcat is also rallying, jumping 20% from Friday’s low. The coin is now trading at $1.54 and edging closer to last week’s all-time high. POPCAT’s momentum is building fast, with trading volumes up 119% to $198 million – enough to knock BONK down a peg as Solana’s second-largest meme coin. But what’s really excited investors is a weekend shout-out from legendary meme coin trader Murad. In a tweet to his 367,000+ followers, he made a strong case for POPCAT’s potential, hinting…

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Filed under: News - @ October 28, 2024 6:25 pm