Memebet, Crypto All-Stars, Pepe Unchained and Best Meme Coins to Buy Now
The post Memebet, Crypto All-Stars, Pepe Unchained and Best Meme Coins to Buy Now appeared on BitcoinEthereumNews.com.
A decisive meme coin recovery is on the cards as crypto prices bounce back. Popcat and Dogwifhat are amongst the top gainers. What could surge next? Meme Coin Rally On Fed Rate Cut The U.S. Federal Reserve voted on Wednesday to slash its benchmark lending rate by 50 basis points, and risk-on asset classes gained significantly in the aftermath. Atypical to bullish periods, meme coins have outperformed the market. CoinGecko data shows that the total crypto market cap is up 1.4% today, but the meme coin market cap is up 5%. Popcat has been a strong performer, pumping by 5.1% in the past 24 hours. But it’s not just today. Popcat has also booked a whopping 39% increase in the past seven days. The project is priced at $0.9091, has a $892 million market cap, and a $140 million 24-hour trading volume. It now sits just 8.9% from its June all-time high. Analysts think it will break this record in a few days. Trader Travis is eyeing a potential 2x gain for the cat-themed Solana meme coin. Meanwhile, X commentator Mattie suggests that a 5x rally is incoming, citing its recent strength as a reason. Moving to Dogwifhat, it has also started to gather pace. It’s currently trading at $1.79, up 7.8% today and 15.9% this week. It has a $1.7 billion market cap and a $601 million 24-hour trading volume. Prominent Dogwifhat community member and early investor Unipcs say that WIF will soon undergo an “aggressive up move with zero pullbacks for entry.” Meanwhile, Credible Chris suggests that Coinbase may look to list Dogwifhat and Popcat soon. In recent weeks, there has been a notable sentiment shift on meme coins like Popcat and Dogwifhat. Traders anticipate the next round of meme coin season, which could self-propagate into more liquidity…
Filed under: News - @ September 20, 2024 1:20 pm