CandleFocus

Meme Coins Back on the Bullish Train: Altcoins Take a Step Back

In the past 24 hours, meme coins such as Shiba Inu, Popcat, dogwifhat, and First Neiro on Ethereum have experienced significant gains. Meme coins have achieved a market capitalization of $55 billion, surging 7.9% in the past 24 hours. The total volume traded in the meme coin sector is $10.2 billion. The total valuation of the crypto space has also increased to $2.19 trillion. Dogecoin and Shiba Inu, the meme coins with the highest valuations, have seen increases of 2.55% and 5.45% respectively in the past 24 hours. Shiba Inu is forming a "W" shape pattern, and if it moves above $0.00002, the pattern will be complete. Other meme coins including Pepe, POPCAT, WIF, and NEIRO have also experienced significant gains. NEIRO has seen a 105.2% surge in the past week and is trading at $0.002109. The article concludes with a disclaimer that the information presented is for informational purposes only and does not constitute financial advice.

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