Blog

The meme coin sector has gained notable consideration from crypto market fanatics currently, as evidenced by the surge of their costs. Most of the key meme cash have famous important rallies over the previous few days, signaling a rising curiosity of the merchants in direction of the sector.

However, the optimism appears to have cooled at this time, amid a broader crypto market crash, which has additionally triggered a sell-off within the meme coin sector. Most of the meme cash like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and others have retreated amid a bearish sentiment within the broader market.

But regardless of the downturn momentum, three cryptos, cat in a canine world (MEW), Book Of Meme (BOME), and Memecooin (MEME), have rallied, capturing the traders’ consideration.

MEW, BOME, & MEME Showed Resilience Despite Market Crash

Amid a widespread crypto market crash, the three meme cash, MEW, BOME, and MEME, have defied the development by experiencing a notable worth rally. This resilience has left traders intrigued, particularly contemplating the sell-off noticed in different meme cash like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and others.

Notably, one issue contributing to MEW’s and BOME’s rally is the rising curiosity in Solana meme coins inside the crypto group. Solana’s current efficiency and elevated adoption recommend an growing confidence of the traders in direction of Solana and the tasks constructed on its community.

So, let’s check out the meme cash and their current performances.

Price & Performance

MEW Price Rallies 20%

MEW’s worth continued its rally following a serious itemizing announcement at this time. The main crypto alternate HTX has introduced MEW’s itemizing on its platform. Notably, the deposits are already opened and the withdrawals are scheduled to start on April 3. Besides, a number of different distinguished exchanges like BitKan, BitMart, and others, have additionally introduced MEW’s itemizing, additional driving its worth upwards.

On the opposite hand, MEW’s airdrop program for Solana Mobile Chapter Two pre-order holders has incentivized engagement and contributed to its worth appreciation. Meanwhile, the airdrop initiative, specifically, has garnered consideration, with MEW tokens distributed to pre-order holders overlaying a considerable portion of the cell machine’s value. This strategic transfer not solely rewards early supporters but in addition fosters group participation and loyalty in direction of the MEW ecosystem.

Meanwhile, as of writing, the MEW price was up 19.50% and traded at $0.006233, with its buying and selling quantity hovering 13.24% to $225.74 million. Over the final seven days, the meme coin has added practically 160%, whereas noting a month-to-month surge of about 250%.

Also Read: Sam Bankman-Fried Will Be On Supervised Release For Years After Prison Term

BOOK OF MEME (BOME) Soars 2%

The BOOK OF MEME was one other prime gainer within the meme coin phase at this time, as evidenced by the surge in its worth. Notably, the BOME worth soared 1.95% and exchanged arms at $0.01579 throughout writing.

Its buying and selling quantity during the last 24 hours skyrocketed 115.03% to $1.89 billion. Notably, the Solana-based meme coin has famous a weekly surge of 10%, whereas including about 1613% during the last 30 days.

Memecoin (MEME) Adds 2%

Another prime proportion gainer within the meme coin sector, MEME traded at $0.03993, up 1.35% from yesterday. Its buying and selling quantity additionally rocketed 260.15% to $373.38 million, suggesting an growing buying and selling exercise of the meme coin.

However, regardless of its current surge, the crypto has dropped greater than 13% during the last 30 days, suggesting an more and more risky situation of the crypto.

Also Read: Binance To List New Pairs For BCH, LTC & Others, Price Recovery Ahead?

✓ Share:

Rupam, a seasoned skilled with 3 years within the monetary market, has honed his abilities as a meticulous analysis analyst and insightful journalist. He finds pleasure in exploring the dynamic nuances of the monetary panorama. Currently working as a sub-editor at Coingape, Rupam’s experience goes past typical boundaries. His contributions embody breaking tales, delving into AI-related developments, offering real-time crypto market updates, and presenting insightful financial information. Rupam’s journey is marked by a ardour for unraveling the intricacies of finance and delivering impactful tales that resonate with a various viewers.

The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability in your private monetary loss.