PEPE and BOME Decline After an Impressive Surge
The values of Pepe Coin (PEPE) and Book of Meme (BOME), inspired by the famous frog meme, reached their all-time high in May 2024, garnering a ton of attention from investors around the globe. However, the cause for celebration was short-lived, as both coins experienced significant dips in their value, dropping about 20% after the first weekend of June.
While some analysts remain cautiously optimistic about the potential future of these coins, eager investors are turning their eyes toward fresh crypto projects emerging on the horizon. If you want to invest, here are five promising coins you may want to look into:
PlayDoge ($PLAY)Sealana ($SEAL)WienerAI ($WAI)Base Dawgz ($DAWGZ)KAI ($KAI)
>>>Buy The Best Coin Now<<<
PlayDoge ($PLAY) - The Next Meme Coin Sensation
Several factors make PlayDoge one of the most promising new projects currently in presale. This play-to-earn (P2E) mobile-based game has reignited the 90s nostalgia of the famous Tamagotchi, allowing players to keep the known Doge meme as their own virtual pet. By taking care of their pet's well-being, players will earn $PLAY tokens, the game's utility coin, and climb the leaderboard, earning additional rewards.

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Top trending meme coins PEPE, BOME, TRUMP: Bearish signs persist
CRYPTOS | 06/13/2024 17:00:00 GMT
Pepe price encounters resistance from a descending trendline.
BOOK OF MEME price finds support at the weekly level of $0.00944.
TRUMP price finds support along an ascending trendline.
Pepe (PEPE) price has encountered resistance at a critical level, whereas Trump (MAGA) and Book of Meme (BOME) are testing crucial support levels. The technical outlook suggests potential short-term corrections for PEPE and BOME, while MAGA appears poised for a rally.

Pepe price eyes for a short-term fall
Pepe price currently faces resistance by a descending trendline drawn from joining three swing high points from the end of May to mid-June, as shown in the four-hour chart.

If this trendline holds as resistance, then PEPE could crash around 14% from its current trading price of $0.0000119 to $0.0000106, the 50% price retracement of the $0.0000039 to $0.0000172 up move.

The Relative Strength Index (RSI) and the Awesome Oscillator (AO) on the four-hour chart support this bearish scenario, as both indicators are below their respective mean levels of 50 and 0.

This suggests the exhaustion among bulls and continued momentum favoring bears, potentially leading to a further decline in PEPE's price.

PEPE/USDT 4-hour chart

PEPE/USDT 4-hour chart

On the other hand, if Pepe’s price closes above $0.0000138, it would invalidate the bearish thesis by producing a higher high in the daily time frame, leading PEPE to rally 10% and hitting the previous daily high of $0.0000152 on June 6.

BOOK OF MEME price set to retest lows
BOME price current stability hinges on the $0.00944 weekly support, but a breach below could trigger a 13% plunge to revisit its May 1 low of $0.00826.

The Relative Strength Index (RSI) and the Awesome Oscillator (AO) on the four-hour chart support this bearish scenario, as both indicators are below their respective mean levels of 50 and 0.

This suggests the exhaustion among bulls and continued momentum favoring bears, potentially leading to a further decline in BOME's price.

BOME/USDT 4-hour chart

BOME/USDT 4-hour chart

However, if the BOME daily candlestick closes above the $0.0111 daily resistance level and flips it in support, and the RSI and AO surge above their mean levels of 50 and 0, then a pivotal market shift from bearish to bullish could transpire.

This structural change would be marked by BOME forming a higher high in the daily timeframe. In such an event, BOME could potentially rally by 27%, aiming to retest its June 6 high of $0.014133.

TRUMP price shows potential
MAGA price (TRUMP) finds support around an ascending trendline drawn from joining multiple swing low points from May to June, as shown in the four-hour chart. If this support holds and TRUMP’s price closes above the $14.127 daily resistance level, then it could rally 25% to tag the daily high of $17.79 on June 1.

The Relative Strength Index (RSI) and the Awesome Oscillator (AO) on the four-hour chart support this bullish outlook by both being above the mean levels of 50 and 0, indicating that bulls still have steam to push TRUMP's price higher.

TRUMP/USDT 4-hour chart

TRUMP/USDT 4-hour chart

On the other hand, if MAGA's daily candlestick breaks below the trendline and closes below the $12.10 level, it would produce a lower low and signal a break in the market structure. This move would invalidate the aforementioned bullish thesis, potentially triggering a 17% crash to the daily support level of $10.03.

If the rumours come true, it could send Solana’s price on a parabolic growth, landing it anywhere between $250 to $350 range.
This news also sent SOL enthusiasts on a hunt for the best crypto presale projects which will grow alongside Solana. 
Historically, presales have generated the biggest returns following similar events.
We found ourselves doing the same, and we wanted to share some of the best crypto presales that we found.
Let’s dive in and explore these promising opportunities.
Best Crypto Presales to Buy Before SOL ETF Application – Quick Overview
Here’s a quick roundup of these promising presales which could bring you over 10X gains if SEC approves SOL ETFs:
Sealana ($SEAL) – Overall the Best SOL-Based Crypto Presale 
PlayDoge ($PLAY) – Innovative Mobile P2E Project Raises $4 Million in Presale
Wiener AI ($WAI) – The Best AI-Powered Meme Coin Available on the Market
Base Dawgz ($DAWGZ) – Multi-Chain Meme Coin that Can Capitalise on SOL’s ETF Application
Best Crypto Presales to Buy Before SOL ETF Application – Detailed Analysis 
With the basics out of the way, let’s see that these projects have to offer in more detail:
Sealana ($SEAL) – Overall the Best SOL-Based Crypto Presale 
Sealana is by far the best crypto presale that you invest into before BlackRock’s ETF application happens. 
This is because $SEAL is based on $SOL network, which means that it will benefit from Solana’s growth the most.
For fans of meme coins, Sealana presents a compelling combination of meme culture and blockchain utility on the Solana network. 

Solana [SOL] has experienced some recent positive price movements, and although the increases were slight, they impacted its market capitalization.

There has been a slight dip recently, but if the momentum picks up again, it could establish a new market cap range.

Solana crossed the $80 billion market cap range
Analysis of Solana’s market cap showed it started on 5th June at around $79 billion. This increase was due to the recent uptrend in SOL’s price.

By the end of trading, the market cap had crossed the $80 billion mark. This was the first time in weeks it entered the $80 billion range, with the previous instance being in May.

Solana market cap
Source: CoinMarketCap

However, as of this writing, the market cap has dropped below the $80 billion range again, currently sitting around $79.2 billion. The decline is due to the decrease in SOL’s price over the last 24 hours.

SOL price declines
AMBCrypto’s daily analysis of Solana revealed recent consecutive uptrends. Between 3rd and 5th of June, the price increased from around $164 to approximately $173.

At the end of trading on 5th June, SOL saw an increase of a little over 1%, trading at around $173.5.

As of this writing, the price of Solana has fallen to around $172 after a decline of less than 1%. This seemingly minor drop resulted in nearly $1 billion being wiped off its market cap.

Despite the price decline, the overall trend remains positive.

June has kicked off an impressive rally for meme coins, with several popular ones drawing significant buyer interest, leading to massive price increases. A notable event was the return of Keith Gill, better known as “Roaring Kitty,” who sparked a surge in GME memecoin prices. Furthermore, last week saw significant fluctuations in the prices of Pepe and Bonk coins, suggesting potential for further increases in the coming week.

Memecoins Gain The Spotlight Amid Volatility
Last week, the GME memecoin, operating on the Solana blockchain, experienced an unexpected surge. This increase triggered a bullish outlook for both Pepe and Bonk prices, triggering analysts to revise their predictions for the meme coin market in the upcoming week.

Pepe Price Analysis
Pepe price witnessed intense volatility in the last few days as the price faced a strong rejection around the $0.000015 resistance mark. This pushed the price toward the low of $0.0000116. However, buyers defended that level and the price is currently hovering around $0.00001235, declining over 10% in the last 24 hours.

The crypto market is currently facing selling pressure, and cryptocurrencies Shiba Inu (SHIB), Dogwifhat (WIF), FLOKI and PEPE are not exempt from the bearish action, posting significant losses over the past day.
At the time of writing, Pepe (PEPE) and Dogwifhat (WIF) have each dropped 9.17% and 11.52% in the past 24 hours. Frog-themed meme coin PEPE's price was trading at 0.00001244, and the Solana-based meme coin WIF price was at $2.52, according to CoinMarketCap data.
Meanwhile, dog coins Shiba Inu (SHIB) and Floki have dropped 5% and 13.52%, respectively, over the last day. At the time of writing, the FLOKI price had fallen to $0.0002156, and the SHIB price had decreased to $0.00002136 in the previous day.
Meme coins have stolen the spotlight in recent weeks, and the recent price drop might have been induced by profit-taking as well as a general market downturn.
The crypto market led by Bitcoin has seen whipsaw trading action in the last 24 hours. Bitcoin prices rose after the Consumer Price Index (CPI) print came in higher than predicted on Wednesday. The gain, however, was short-lived, as Bitcoin's price fell following comments from Fed Chair Jerome

Floki: Recent Developments and Market Impact
Floki, inspired by Elon Musk’s pet Shiba Inu, has also made a name for itself in the meme coin space. The coin has experienced notable market movements and has a dedicated community of supporters. Despite this, Floki faces stiff competition from other meme coins and has yet to implement features that can drive sustained growth and engagement on the same level as Furrever Token. Recent reports indicate that Floki’s market value has shown resilience, maintaining interest among investors even amidst market fluctuations.

Conclusion
While Shiba Inu, Pepe, and Floki have each carved out their niches in the meme coin market, Furrever Token’s unique approach, innovative referral system, and strong community focus set it apart as the future of meme coins. As the presale nears its end, now is the perfect time to invest in Furrever Token and be part of this exciting and promising project.

For more information and to participate in the presale, visit the official Furrever Token website. Don’t miss out on the chance to be part of a revolution in the meme coin market

Galaxy Digital executive Mike Novogratz is convinced that Dogecoin (DOGE), Shiba Inu (SHIB), PEPE, and other memecoins will be around for a long time.

Memecoins as Cornerstone of Crypto Economy
Novogratz acknowledged memecoin’s position in the broader cryptocurrency sector, describing it as a cornerstone in the economy. He delved into how memecoins feature as one of the most powerful narratives in the markets amidst other financial assets.

According to Galaxy Digital, this category of digital assets on permissionless blockchains have an aggregate market capitalization of more than $60 billion.

Zack Pokorny, a research analyst at Galaxy Digital described memecoins as tokenized depictions of internet memes or other humorous events or concept.

“The growth of memecoins builds on the monetary connection shared by holders of non-fungible token projects and suggests that communities, cultures, groups, and trends may increasingly rely on monetary instruments for cohesion and speculation,” He said in a research note.

Galaxy Digital’s perspective of memecoins, particularly its growth, is largely reflected in the current market outlook of the digital assets. Quite a number of memecoins with DOGE and SHIB inclusive, have demonstrated resilience in the present market trading cycle.

DOGE, SHIB And PEPE Records Whale Accumulation
A week ago, prominent crypto market analyst Ali Martinez shed light on the massive accumulation of Dogecoin

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BRANDED SPOTLIGHT
Pepe, Super Trump, Brett, WienerAI Lead May’s Top Meme Coin Gainers
Pepe, Super Trump, Brett, WienerAI Lead May’s Top Meme Coin Gainers
Media
By Media

Thu May 30 11:0:55 EST 2024

Meme coin season is back in full swing as Pepe, Super Trump, and Brett experienced huge gains in May.

Meanwhile, the new presale crypto WienerAI is emerging as a top prospect as its total raise surges toward $3.5 million.

Are these meme coins set to continue their growth into June?

PEPE, STRUMP, BRETT Bullish as Traders Anticipate Continued Gains

Traders think the gains are just getting started for Pepe, Super Trump, and Brett, with the projects displaying relative strength over the market in May.

After substantial success, Pepe is vying for top-two status in the meme coin domain, relentlessly pursuing Shiba Inu’s spot.

It is currently trading at $0.00001492, down 7.5% today but up 9.7% this week and up 104% this month.

Pepe holds a $6.2 billion market cap and a $1.9 billion 24-hour trading volume.

Indeed, its meteoric performance has seen over $3 billion added to its market cap in just one month, inching it closer to Shiba Inu’s $16 billion market cap.

In the same period, Shiba Inu is up 15%.

The Solana price continues to trade within a narrow range but has maintained a decent ascending trend. The token has suppressed significant bearish interference, as the bulls have successfully maintained levels above critical support during bearish attacks. While market participants are optimistic about the upcoming trend, the SOL price has made a slightly different projection for itself.

The SOL price steadily rose above $150, marking the daily highs above $155 during the previous day’s trade. Unfortunately, the rally bowed down to the bears as it approached the day’s close and closed around $146 after testing lows below $145. On the other hand, the current day’s trade has begun below the previous day’s close, which is fluttering bearish flags over the crypto.

Therefore, is the SOL price poised to drop to the crucial support level of $133? Has the bullish impact of the token faded?

The Shiba Inu coin burn rate skyrocketed by 3010% today amid the recent declining trend, hence, a rebound in the SHIB price could be noted owing to the reducing supply but the uncertainty still prevails.
PUBLISHED BY
Coingape Staff
JUNE 12, 2024 1:17 PMUTC

In May, the cryptocurrency market witnessed significant movements with Solana (SOL), Shiba Inu (SHIB), and Algotech (ALGT) emerging as the top gainers. These cryptocurrencies showcased impressive performance, attracting attention from investors and enthusiasts alike.

The surge in their values was driven by various factors, including technological advancements, strategic partnerships, and growing community support. As we look forward to June, the question on everyone's mind is which cryptocurrencies will lead the market this month.

In this article, we will explore potential top performers like Algotech and the factors that could influence their rise.

Solana price prediction: Is bullish momentum on the horizon for SOL?

Solana (SOL) has seen a notable price pullback over the past 24 hours, dropping 2.97% to $153, below the $160 resistance level, indicating a bearish trend.

This decline has reduced its market cap to approximately $70.85 billion, ranking it fifth among cryptocurrencies. Despite this, 24-hour trading volume surged by 65% to $2.41 billion, showing significant market activity.

Solana Mainnet Beta Upgrade

The recent Solana Mainnet Beta v1.18.15 upgrade aims to improve network stability, with over 38% of validators already transitioned.

If bullish momentum returns, SOL could breach the $160 resistance level, potentially reaching $170 or even $200. Conversely, increased bearish pressure might push the price down to the $140 or $130 support levels.

Indicators suggested that SOL looks almost certain to hit $334 for a start.
The token’s correlation with ETH was negative, but with BTC, it was strong.
For the last seven days, Solana’s [SOL] price struggled to produce an impressive run. According to data from CoinMarketCap, the price of SOL was $167.12 at press time.

This was around the same value it was on the 25th of May. On a Year-To-Date (YTD) basis, SOL has increased by 52.63%. But it was nothing compared to the performance of the token in 2023.

However, the recent underwhelming price action has not stopped Solana bulls from betting on an incredible rally. For most SOL holders, the price of the cryptocurrency would hit nothing less than $500 before the end of this cycle.

SOL needs Bitcoin, not ETH
But this same set also predicted that Solana would surpass its all-time high of $260 before the end of 2024’s first quarter. However, that did not happen as the closest SOL got to this target was $210 in March.

AMBCrypto analyzed Solana’s price prediction from an on-chain perspective. First off, we looked at the correlation with Bitcoin [BTC], and with Ethereum [ETH].

According to data from Dune Analytics, SOL’s correlation with BTC was 0.83, indicating that the prices move in the same direction most times.

Bitcoin Price Tanks as Nearly $300 Million in Longs Get Rekt
Crypto long positions were just zapped en masse, with nearly $300 million worth liquidated in the last hour as Bitcoin quickly dipped.
By Andrew Hayward and André Beganski

2 min read

Jun 7, 2024

Bitcoin, Ethereum, and other top cryptocurrencies plunged in price suddenly Friday afternoon, yielding a still-growing pile of liquidations that includes almost $300 million worth of long positions.

Some $285 million worth of crypto long positions have been liquidated across the board in the last hour alone, per data from CoinGlass, along with $12 million in short positions. Expanded out daily, there's $399 million worth of long position liquidations over the past 24 hours, plus $47 million in shorts.

Bitcoin dipped from a price above $71,000 to under $69,000 in a matter of about 40 minutes, while Ethereum plunged from $3,800 to under $3,650. Both coins are starting to rebound.

Earlier in the day, the crypto market had shrugged off hotter-than-expected jobs data from the U.S. Labor Department.

"Hard assets are suffering due to the potential impact of Fed rates being 'higher for longer,'" Amberdata's Director of Derivatives Greg Magadini told Decrypt, pointing to Friday's labor figures.

He added that after the approval of spot Ethereum ETFs, there was a notable increase in open interest for Ethereum futures. That could push prices further down as leverage is unwound, Magadini stated, if there's no "follow-through" with Ethereum prices to meet longs positioned to the upside.

Among cryptocurrencies, meme coins posted outsized losses Friday. The Solana-based BONK had fallen 9% over the past hour to $0.00002745, showing a 16.7% decrease in price over the past day. Dogwifhat and the Ethereum-based Pepe had each fallen 13% during that same span.

Meanwhile, major Wall Street stock indexes were comparatively less turbulent. The S&P 500 had edged up 0.07% midday, while the tech-heavy Nasdaq composite had fallen slightly.

The jolt to Bitcoin’s price pushed the asset below $70,000, crossing a psychological threshold that it had overcome earlier this week. In March, the price of Bitcoin set a new all-time high above $73,700, pushed to new heights not long after the launch of spot Bitcoin ETFs.

Though losses in the crypto market were widespread on Friday afternoon, there were pockets of green. The Bitcoin-based BRC-20 token ORDI had increased 1.7% over the past day, while the decentralized storage protocol Filecoin’s native token had increased around 1% to $6.03.

Editor's note: This story is was updated after publication with additional detail.

DOGE’s market cap fell to $20.5 billion.
It has lost over 7% in the last seven days.
Dogecoin [DOGE] and other memecoins were not spared from the recent market decline. While DOGE’s volume slightly increased, analysis indicated that sellers dominated it.

Dogecoin sees significant declines
AMBCrypto’s analysis of Dogecoin on a daily time frame chart showed that it had already begun its decline before the general market downturn.

The chart indicated that DOGE’s decline started around the 7th of June, dropping over 7%. This decline took its price from around $0.16 to $0.148.

At the end of trading on the 10th of June, DOGE was trading at around $0.144 after a decline of approximately 1.4%.

As of this writing, it was trading at around $0.141, following an additional decline of over 2%.

Dogecoin price trend
Source: TradingView

The analysis also showed that the over 7% decline on the 7th of June pushed its price below its short moving average (yellow line) and took it below the neutral line on its Relative Strength Index (RSI), indicating a bear trend.

As of this writing, Dogecoin’s trend remained below the yellow line, which now serves as resistance around the $0.15 price range. Additionally, the RSI was below 40, indicating a strong bear trend.

After its ongoing price rally, Pepe Coin has been trending despite the semi-bullish market conditions. However, is it all for PEPE as the token collapsed last year after a huge peak, or will it continue to rise is the biggest question for investors. On the other hand, PEPE and FLOKI are almost in the same price range, both having huge popularity and community support, so which one will rise to the highest first? Which meme coin can achieve the $0.001 first? Let us discuss that in this blog.

PEPE Price Analysis
Pepe Coin is the best performer of May because of its continuous rally over the last few days. The meme coin is descending from its newly set all-time high record of $0.00001535, which is its second-biggest peak of the month, and many more might come because of its bullish nature. PEPE price

DOGE Primed for Breakout as Trading Volumes Rise
The OG meme coin Dogecoin (DOGE) is back after a period of muted price action.

DOGE has been stuck trading in a tight descending channel but seems to have finally found a floor around $0.155.

After repeatedly bouncing off that floor, DOGE is now looking like it is breaking out.

Currently trading around $0.164 after a 4% jump in the past day, DOGE’s spot volumes are starting to perk up as it breaks downtrend resistance on the 4-hour chart.

This often comes before a sharp bullish rally.

If DOGE can maintain itself above $0.164, a run towards the local high of $0.170 is a realistic scenario.

That was an area that DOGE tapped last week before rejecting and plummeting.

A clean breach of $0.170 could even set up a retest of $0.175, where a “double top” formation formed in late May.

PEPE Eyes Bullish Rally with Strong Support Bounce
The bullishness is spreading from dogs to frogs, with Pepe (PEPE) also making a case for upside this month.

After a sluggish start to June, PEPE is rebounding – currently trading at $0.0000148 after a 6% surge in the past 24 hours.

More importantly, the $0.0000140 support level is holding firm.

PEPE has also breached its 20-period exponential moving average (EMA) on the 4-hour chart, widely considered a bullish signal.

When combining that with the potential bull flag pattern forming in the same time frame, the outlook for the token is starting to shape up nicely.

Spot volumes for PEPE have climbed 6% in the past 24 hours, confirming that there is legitimate momentum behind this move.

If the breakout continues and gathers pace, PEPE’s recent all-time high around $0.0000172 is the logical upside target to watch.

With the price of Bitcoin dropping below its important support level of $68,000, the memecoin category has experienced a bloodbath with top memecoins losing significant value in their respective portfolios.

Furthermore, the Pepe token continues to display a strong bearish price action by recording a correction of approximately 2% within the past day and 13.96% over the past week.

With the increased bearish sentiment, will Pepe Price retest its ATH or Plunge toward its crucial support level of $0.00000880 this June? Dive in as, in this article, we have covered the market sentiments and price analysis of Pepe memecoin for this week.

Pepe Coin Price Retests Its Major Support Level:
After displaying a weak price action for over a week, the Pepe crypto regained momentum and recorded a surge of 157.85% before experiencing a pullback at the resistance of $0.00001150.

The bulls regained momentum at its support level of $0.00000880, following which the memecoin recorded a 2X run within the next eight days and recorded a new ATH of $0.00001718 on 27th May.

Pepe Price Analysis
TradingView: PEPE/USDT
However, the Pepe memecoin recorded a strong bearish reversal after recording a new all-time high (ATH) during the previous week. Since then, the Pepe coin price has been trading under a negative influence, indicating increased selling pressure for the memecoin in the crypto market.

The technical indicator, MACD, displays a significant rise in the red histogram, indicating increased selling pressure for the altcoin in the crypto space. Moreover, the averages show a sharp plunge, suggesting the price will continue losing value in the coming time.

Will PEPE Price Hit $0.00002 Soon?
If the market holds the price above the support level of $0.00001150, the bulls will regain momentum and the PEPE price will test its resistance level of $0.00001410. Further, if the bulls hold the price at that level, the Pepe memecoin will prepare to retest its previous ATH this month.

Conversely, if the bears gain momentum, the Pepe coin price will break down its support level of $0.00001150 and head toward its crucial support level of $0.00000880 during the upcoming weeks.

PEPE: Already 2024’s Best Meme Coin?
Pepe (PEPE) first appeared in April 2023 and enjoyed a stunning start to life.

Within one month, it had already secured a listing on Binance. And despite some of its creators dumping tokens, its been able to maintain and grow its community ever since.

And 2024 is already shaping up to be another massive year for PEPE.

PEPE hit fresh all-time highs above $0.000017 earlier this week. At its current price of $0.00001481, it is around 950% higher on the year.

A big chunk of these gains have come in May, with Pepe up 120% so fr on the month.

Roaring Kitty’s surprise return to social media earlier this month help kick things off.

PEPE gained further momentum last week following the surprise approval of Ethereum ETFs by the SEC.

As a leading Ethereum-based meme coin, PEPE could be a major beneficiary of Ethereum ecosystem growth as institutional investors arrive.

Pepe currently has over 226,000 holders. Its X following recently exceeded 600,000. Pepe is without a doubt staking its claim to be 2024’s best meme coin.

PEPE Alternative to Consider – PlayDoge (PLAY)
Some crypto traders might prefer to buy a token early at a presale rather than invest in established meme coin names.

While riskier than established tokens, meme coin presales can result in significantly larger gains.

One new meme coin that analysts at Cryptonews.com think has a lot of potential is PlayDoge (PLAY).

PlayDoge isn’t just a meme coin. It powers a fun, mobile-based game and is thus packed with play-to-earn (P2E) utility.

PEPE’s price increased by more than 4% in the last 24 hours.
Most metrics and indicators looked bullish on the memecoin.
After a few days of decline from its recently reached all-time high, PEPE is showing signs of recovery. If the trend continues, then PEPE might soon test its ATH.

Let’s have a closer look at the memecoin’s state to better understand what to expect from it in this fresh month.

PEPE resumes its bull rally
The memecoin showcased tremendous performance last month as its value surged by more than 130%. The massive price hike allowed the memecoin to reach an all-time high.

However, soon after that, PEPE witnessed price corrections. But the trend changed in the last 24 hours.

According to CoinMarketCap, the memecoin’s price increased by over 4% during the last day. At the time of writing, it was trading at $0.00001524 with a market capitalization of $6.41 billion, making it the 19th largest crypto.

Despite the recent price rise, it was surprising to note that its weighted sentiment graph remained low, indicating that bullish sentiment around it was weak in the market.

Its social volume also sank last week, reflecting a dip in the memecoin’s popularity