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Homeweb3.0These 5 Cryptocurrencies Continue to Surge!

These 5 Cryptocurrencies Continue to Surge!

Mar 08, 2024 am 10:12 AM
BlockchainBitcoincryptocurrencycurrencyEthereumDogecoinBitcoinblockchain

The ongoing cryptocurrency rally is largely driven by excitement surrounding the Bitcoin halving, which has surged past $65,000 and reached an all-time high, with the cryptocurrency market’s traditional wildcard – memecoins – also almost Nothing was left out.

In fact, in the past seven days, multiple well-known meme coins have ranked among the market’s biggest gainers. According to data provided by market intelligence platform Santiment on Transaction volume has increased by approximately 3,000%. With such a massive surge in mind, Finbold decided to take a look at the top 5 meme tokens, which represent 5 of the top 7-day gainers over the past 7 days for any savvy cryptocurrency investor Investors may want to have these tokens in their investment portfolio.

PEPE(PEPE)

Nearly a year after its initial launch and almost a year after it first became a millionaire, Pepe (PEPE) is rallying in the ongoing cryptocurrency market has surged again, and over the past few days, its gains have far exceeded previous historical records. A time high after a long period or relative dormancy.

After achieving a series of milestones in recent months, such as listing for EU customers of Robinhood (NASDAQ: HOOD ), the meme token has once again begun to surge over the past seven days of trading.

In fact, PEPE is the cryptocurrency market’s biggest gainer during this period, rising 423.11% at press time.

The price of PEPE has also increased by 37.92% in the past 24 hours, and at the time of publication, its price is $0.000007136. Judging from recent performance, overall trends in the cryptocurrency market, and Bitcoin’s own search for all-time highs, Pepecoin is likely to see even greater gains in the coming period.

bonk(bonker)

While Bonk (BONK) is the original memecoin of the Solana (SOL) blockchain, its popularity is largely due to its association with the first The Cryptocurrency Ready Saga smartphone-related weird arbitrage opportunity, but it also proved it could stand on its own.

Looking at the cryptocurrency market over the past seven days, BONK is the fourth largest gainer, up 172.05% in the time frame.

Additionally, the last 24 hours of trading not only hint at a continuation of this trend, with BONK rising another 31.46% to $0.00003239, but as the Solana mobile team is developing new products, it may also be in the next few days. received another major boost within a month. Smartphones – Now is an especially good time for anyone looking to benefit from upcoming developments.

Shiba Inu (SHIB)

Perhaps the world’s most famous joke-based cryptocurrency, Shiba Inu (SHIB), has been favored by BONK in trading over the last week. At press time, the dog-themed meme coin was the fifth-largest cryptocurrency market gainer during the time period, rising 168.49%.

Similar to the situation with BONK and FLOKI, Shiba Inu’s price performance over the past 24 hours suggests the rally is far from over, with the Ethereum (ETH)-based token up 20.90% to trade at 0.00002585 at press time Dollar.

FLOKI

In the past 7 days, Shiba Inu and Gustav Skarsgård's

Vikings

character Floki The combination has also proven to be very successful, with FLOKI rising as much as 312.81%. Meme coin, known as one of the leading such assets in the Web3 ecosystem, also performed strongly in the last full trading day, albeit with high volatility, rising by 13.49% in the time frame and priced at 0.0001502 Dollar. Published date.

Finally, FLOKI recently set a record total value locked (TVL) of $525, surpassing the combined TVL of PEPE, BONK, WIF, DOGE, and SHIB, making it a particularly strong pick.

DOGE A rebound in the currency seems unlikely to happen either.

On the list of the best-performing cryptocurrencies last week, Dogecoin ranks seventh as it has a green rate of 90.06% in the time frame.

DOGE’s 24-hour performance also topped the list of top cryptocurrencies under $0.10, with the price up another 19.53% to $0.1609 at press time.

Conclusion

Given the positioning of meme coins in the crypto market, and the general popularity of listed assets, their recent performance is not surprising.

What’s exciting, however, is that despite the recent price surge, these five cryptocurrencies are likely to continue to perform strongly, thanks to upcoming developments, including the upcoming Bitcoin halving, and the consideration As April 1 approaches (based on internet jokes) this may lead to some interaction between Dogecoin supporter Elon Musk and the asset class.

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