Memecoin Bull Run: Dogecoin, Shiba Inu, Pepe Lead the Charge

  • Dogecoin shows strong recovery, with $0.0998 as key support and $0.103 resistance.

  • Shiba Inu shows stability, with key support at $0.0000130 and resistance at $0.0000134.

  • Pepe’s volume drop signals caution, but support at $0.057132 suggests recovery potential.

Memecoins have become a go-to for crypto enthusiasts seeking to profit from high volatility and rapid price movements. Among the top contenders in this space are Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). Each of these coins boasts a unique community, distinct market behavior, and potential for substantial returns.

Dogecoin (DOGE) on the Rise

Dogecoin, originally created as a joke, has grown into one of the most recognized and traded cryptocurrencies. Over the last 24 hours, Dogecoin’s price increased by 2.80%, reaching $0.1027. The market cap also increased by 2.81%, bringing it to $14.98 billion. Trading volume saw a notable jump, up 6.29% to $509.82 million.

A significant dip saw Dogecoin’s price touch a low of $0.0998. However, a strong recovery followed, driving the price towards the $0.103 level. The $0.0998 mark now stands as a key support level.

Source: Coinmarketcap

If the…

The post Memecoin Bull Run: Dogecoin, Shiba Inu, Pepe Lead the Charge appeared first on Coin Edition.