CandleFocus

This Week in Meme Coins: ACT and PNUT Rally by 1,500%, DOGE(GOV) Follows Suit

The crypto market had an eventful week with Bitcoin reaching new all-time highs and meme coins seeing significant rallies. Three meme coins in particular, ACT, PNUT, and DOGE(GOV), stood out for their remarkable price surges and setting new all-time highs. ACT saw a 3,000% surge driven by its Binance listing, while PNUT surged by 1,579% and DOGE(GOV) surged by 244%. However, these meme coins are susceptible to corrections and could potentially face significant declines if selling pressure increases. On the other hand, if they can maintain their support levels, they have the potential for further gains and revisiting their all-time highs.

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