meme coin The market showed a strong performance in the last 24 hours and managed to benefit positively from the rise in the market. According to the data, meme coins, whose total market value increased to 55 billion dollars, managed to increase the 24-hour transaction volume to 10.2 billion dollars.
dogecoin (DOGE) continues to be at the top with $16.18 billion and Shiba Inu (SHIB) with $10.5 billion. DOGE increased by 2.55% and SHIB increased by 5.45% in the last 24 hours.
SHIB KNIGHT is of the opinion that the Shiba Inu forms a “W” shaped upward curve. This means that the price action first decreased from $0.00002169 to $0.00001548 and then rose to $0.00001885 and fell once again to $0.00001605. However, if the price can rise above $0.00002, the curve will be completed.
Good Morning Friends ☕️☀️
While altcoins are rising slowly, memecoins are pumping hard👇$SHIB is forming a W shape pump.$NEIRO pumped to $800M MC, 1 Billion is loading. pic.twitter.com/fHGgnS4oDa
— $SHIB KNIGHT (@army_shiba) October 12, 2024
PEPE, POPCAT, WIF, NEIRO etc. While meme coins showed a similar upward trend, NEORO’s market value reached 891 million dollars, attracting attention from investors. POPCAT is trading at $1.42, while WIF and PEPE are trading at $2.71 and $0.059837 respectively.