Arthur Hayes Moves $252K in PEPE—Is a Meme Coin Surge Coming

  • Shiba Inu has formed a “W” pattern and a rally is expected.

  • SHIB needs to break above $0.000020 for this rally to substantiate.

  • NEIRO skyrocketed 35% and has achieved a market cap of $891 million.

Meme coins in the digital asset space have skyrocketed in the past 24 hours with the biggest gainers being Shiba Inu (SHIB), Popcat (POPCAT), dogwifhat (WIF), and First Neiro on Ethereum (NEIRO). On the other hand, altcoins have also printed gains but meme coins stand tall. 

According to the data from CoinMarketCap, meme coins have achieved a market capitalization of a massive $55 billion, surging 7.9% in the past 24 hours. Meanwhile, the total volume traded in the sector stands at $10.2 billion. On the other hand, the total valuation of the crypto space also surged to $2.19 trillion. 

Related: Meme Coin Madness: DOGE, SHIB, PEPE, BONK, and WIF Battle for Supremacy

Dogecoin (DOGE) and Shiba Inu (SHIB), the meme coins with the highest valuations standing at $16.18 billion and $10.5 billion, respectively, have surged 2.55% and 5.45% in the past 24 hours. In the past week, DOGE surged 1.40% while SHIB rose 1.5% and the digital currencies are…

The post Meme Coins Back on the Bullish Train: Altcoins Take a Step Back appeared first on Coin Edition.

#SHIB