CandleFocus Moo Deng Price Nearly Doubles in a Day as Meme Coins Outpace Bitcoin Gains
2024-09-27
Author: Content Editor
The meme coin market is experiencing a surge, with established coins like Dogecoin, Floki, and Pepe as well as newer investments like Moo Deng and BILLION•DOLLAR•CAT seeing significant price increases. Moo Deng, a Solana-based token inspired by a viral baby pygmy hippopotamus, has nearly doubled in price in the last day and is up over 90% in 24 hours. BILLION•DOLLAR•CAT, a Runes token running on the Bitcoin network, has risen nearly 240% in the last week. Meanwhile, Bitcoin itself is trading at over $66,200 per coin, with a seven-day rise of more than 5%. Dogecoin has jumped by 20% over the week, while Shiba Inu has skyrocketed by nearly 50%. Meme coins are highly volatile and can quickly gain or lose value.
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