Meme coins Dogecoin, PEPE, and BONK are seeing significant price rebounds after a recent slump.
BONK is up 3.5% today, PEPE has fully recovered its weekly losses, and Dogecoin is back above $0.40.
Dogecoin’s bullish momentum depends on holding above the $0.40 mark, according to an analyst.
The meme coin space is bouncing back, with tokens like Dogecoin, PEPE, and BONK posting notable gains in the last 24 hours. This follows Tuesday’s downturn when these tokens fell over 10%.
Notably, the meme coins crashed following Bitcoin’s bearish volatility that day. With Bitcoin now back above $95K, the meme coin sector seeks to lead the charge again.
Dogecoin, PEPE, and BONK Price Rebound
For instance, BONK is up 3.5% today, trading at $0.00004358. However, the token is still down 18% over the past seven days, remaining far from its recent all-time high of $0.00005916.
Meanwhile, PEPE has fully recovered from last week’s losses, with its weekly performance now showing a 0.51% gain. PEPE surged 6% today and is now trading at $0.00001955. However, it is still down 22% from its all-time high of $0.00002524, which was set two weeks ago.
At press time, the meme c…
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