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Meme Coins Are Thriving, Doing Better Than Big Cryptocurrencies Like Bitcoin, Ethereum, and Ripple in 2024

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王林Original
2024-06-15 20:57:39957browse

Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. Meme coins are thriving

Meme Coins Are Thriving, Doing Better Than Big Cryptocurrencies Like Bitcoin, Ethereum, and Ripple in 2024

Bitcoin and Ethereum have surged by over 50% in 2024, outperforming major cryptocurrencies like Ripple, which has declined by over 20%. However, meme coins have significantly outperformed the big coins.

Floki, Pepe, and Book of Meme have soared by over 450%, 700%, and 100%, respectively. This trend is largely driven by the hype and momentum around meme coins, as well as their lower notional value compared to Bitcoin.

As a result, traders believe that buying cheaper meme coins will generate a better return than investing in bigger coins. Meanwhile, Memeinator, a meme coin that recently concluded its token sale, is attracting attention with its listing on Uniswap and MEXC.

News source:https://www.kdj.com/cryptocurrencies-news/articles/meme-coins-thriving-cryptocurrencies-bitcoin-ethereum-ripple.html

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