Thanks to the likes of PEPE, WIF, and FLOKI, meme currencies have seen growth in the double digits
PEPE, which is about to claim a crucial support zone, is among the market's top gainers.
FLOKI, WIF, and MOG recover from losses and achieve gains of over 20%.
The meme coin industry has seen a gain of almost 12% since the market recovered.
With the rebound of Bitcoin having a domino effect on other major cryptocurrency categories, meme coins are once again at the top of the market. Monday saw daily performance increases of more than 20% from PEPE, WIF, FLOKI, and MOG, putting them in the front of the rebound.
The most lucrative markets are PEPE, WIF, FLOKI, and MOG.
Multiple meme currencies have made a triumphant return in the last day, after a brutal slaughter in the meme sector over the previous few weeks. This is all because to the market's recent rebound.
PEPE had a 22% surge, resulting in a 17% improvement in its weekly performance. With its latest surge, PEPE is very close to an accumulation zone when buyers bought 58.6 trillion PEPE at an average price of $0.000011. This zone might be a crucial flashback support level if PEPE is able to break through it, since investors are less inclined to sell to breakeven now that bullish sentiment is gathering steam.
The price of dogwifhat (WIF) increased by more than 22%, bringing its weekly gain to more than 24%. As a result of its surge, WIF is now the leading Solana meme currency, a position it briefly held last week until BONK regained it.
After breaking into the top 100 cryptocurrencies by market value, MOG surged over 20% to hit a new all-time high earlier today, capping up a 73% weeklong run. Notably, whales have recently gone crazy purchasing MOG. According to statistics from Lookonchain, 0x7Afc withdrew 528.9 billion MOG, which is worth $1.1 million, before reaching a new record high, while 0xE76c paid 709,884 USDC to purchase 284.2 billion MOG.
Adding to the rise, FLOKI shot up more than 20%, bringing its weekly gains to 27%.
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