The cryptocurrency market has been going through a very active period in recent days. Tokens of famous names, popular meme coins and leading altcoin projects are attracting the attention of investors. Here are the most notable developments of the last 24 hours:

Soulja Coin's Huge Increase

Soulja Coin (SBOY), the token of famous rapper Soulja Boy on the Solana blockchain, has gained over 100 percent in value in the last 24 hours. The main reason for this rapid rise is a major update expected in the token ecosystem. In a statement he made today, Soulja Boy announced that a video game developed for the ecosystem is almost complete and that a major update will be made tomorrow. This statement increased optimism for Soulja Coin's Web3 adventure, triggering the increase observed in the token's price. In addition, the rapper's SODMG tour announcement also contributed to the interest. It is stated that Soulja Boy is the first rapper to have his own Web3 video game system. The price of SBOY increased by 119.5 percent in the last 24 hours, reaching $ 0.000533.

Solana Coins Gain Popularity$SOL

Famous coins on Solana also attract attention. The meme coin called MOTHER, launched by American singer Iggy Azalea in June 2024, has gained 126 percent since its launch and reached a market value of $ 43.2 million. Its current price is at $ 0.04381. Another famous name, Jason Derulo, also launched the JASON token on this blockchain. Solana's main coin, SOL, is trading at $ 145.13 today, down 0.89 percent.

Volatility in Dogecoin and PEPE$DOGE $PEPE

Dogecoin (DOGE) has been showing an upward potential in recent days. Although the interview between Elon Musk and Donald Trump increased interest in the meme coin, Musk's failure to mention Dogecoin disappointed some investors. However, analysts state that whales have started to accumulate DOGE and this may signal a price increase. In the last two days, whales have added $ 1.1 million worth of DOGE to their portfolios and investors have started to withdraw their coins from the exchange. This strengthens the expectation of a price increase. Technical analysis shows that the DOGE price needs to overcome some resistance levels to increase by 7%. The price is currently trading below the 50 and 200-day moving averages, but is moving in an upward channel. This supports the possibility of a short-term increase.

Finally, Pepe (PEPE) coin was another noteworthy cryptocurrency. Pepe is also on the rise with the increasing interest in Ethereum ETFs. The fact that whales have started to accumulate tokens strengthens the expectations of a price increase. Pepe's price increased by 2.9 percent in the last 24 hours to $0.00000821. However, the general trend is downward. The movement of the price in a triangle formation indicates that a significant breakout may occur in the coming period. The direction of this breakout will determine Pepe's future movement.

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