The world of memecoins is experiencing a tumultuous start to the week, with breakouts and decouplings sending shockwaves through the market. Over the past 24 hours, trading volumes for the top 50 assets in this sector have surged by over 34%, indicating a flurry of activity and significant opportunities for investors seeking volatility.
As per Santiment, a top analytic firm, among the coins making waves are $PEPE, $MAGA, $MOG, $PONKE, $PEPE2.0, $SPX, $ANALOS, and Bitcoin, each presenting unique trading prospects amidst the market’s current fluctuations. Notably absent from this list are the emergence of $GME (crypto token) and $ROAR, both commanding attention with their unexpected rise in value and trading activity.
The live price of PEPE2.0 stands at $5.21e-8, boasting a remarkable 23.47% increase in the last 24 hours, with a trading volume exceeding $4.56 million. Similarly, MAGA is priced at $8.20, marking a notable 16.77% surge in value within the same timeframe, accompanied by a trading volume of over $20 million.
During the past 24 hours, Mog Coin has experienced a significant upturn, reaching a price of $5.81e-7. This reflects an impressive 36.11% increase, backed by a trading volume exceeding $9 million. In contrast, Bitcoin, the trailblazer in the realm of cryptocurrencies, maintains its supremacy. Presently priced at $61,776.55, it has seen a modest 1.07% increase in value, with a trading volume surpassing $27 billion.
Ponke, a prominent contender in the memecoin realm, has observed a rise in its price to $0.184689, showcasing an 18.51% increase in the past 24 hours. Notably, its trading volume has surpassed $46 million. Concurrently, SPX6900 is witnessing notable growth, currently priced at $0.006268, reflecting a 15.68% surge in value during the same period, with its trading volume exceeding half a million dollars.
In the past 24 hours, AnaloS has experienced a surge of 24.77%, reaching a price of $0.000075, accompanied by a trading volume exceeding $5 million. Meanwhile, GameStop, venturing into the cryptocurrency domain, has witnessed an extraordinary 286.56% increase in value, presently valued at $0.011458, with a trading volume surpassing $170 million.
AlphaDEX, while not experiencing as dramatic a surge as its counterparts, has still seen a respectable 3.84% increase in the last 24 hours, with its price at $0.000845 and a trading volume of $2.39.
