Top Crypto Performers of the Week
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The cryptocurrency market has experienced a volatile week, following Bitcoin price hitting an all-time of $93,434.36, then dropping to $87,000, before beginning a recovery. BTC has been trading between $86,682.82 and $90,677.18, causing shockwaves in the entire market.
Some top altcoins including Ethereum have also dropped in their values. In spite of these changes, certain alternative cryptocurrencies showed remarkable success. Included in the group are Pepe (PEPE), Dogecoin (DOGE), Brett (Based) (BRETT), and Bonk (BONK), all of which exhibited resilience and remarkable increases.
Best Crypto Performers of the Week
1. Pepe (PEPE)PEPE, a frog-themed cryptocurrency, is continually rising in value, driven by its popularity among the crypto community that loves memes. Pepe continues to be one of the most active and volatile tokens in the meme coin category with a market cap exceeding $9.08 billion.
The meme coin has seen a massive 4,479% surge in whale inflows, indicating confidence among large holders. The influx of funds has pushed PEPE prices to new highs. A significant movement involved 506 billion PEPE worth $11,405,224 transferred to Robinhood. With Robinhood listing PEPE, institutional buying may be driving the surge, with PEPE Price rising nearly 250% from its recent low.
2. Dogecoin (DOGE)As the pioneering meme coin and the largest by market cap, Dogecoin (DOGE) still maintains its popularity in the cryptocurrency sphere. Over the past week, Dogecoin’s price increased by 87.67%, and today, it is traded at $0.3725.
DOGE has a market cap of $54.68 billion and a 24-hour trading volume of $14.66 billion, making Dogecoin one of the best meme coins to buy, for retail and institutions due to its strong liquidity.
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