The meme coin market rose by 19%, and DOGE and PEPE indicated that the price was bullish!
The meme coin market was in full swing, and the total market value soared to the $56 billion mark! Dogecoin (DOGE), Shiba Inu coin (SHIB) and the popular meme token Pepe (PEPE), with the activeness of big investors, the prices of these popular meme tokens are rising rapidly, with strong momentum.
Technical experts are saying that Dogecoin is about to stage a "wedge breakthrough" drama, and Pepecoin also has frequent large orders, with transaction amounts of $100,000 or more.
Do you think this meme coin is hot? Within one day, the market value of the entire market soared by 19%, and it was all green! According to Coingecko data, Dogecoin, Shiba Inu coin, Pepe coin and other popular players, as well as new stars like dogwifhat (WIF), have all seen a huge increase. Dogecoin rose 8% in 24 hours, Shiba Inucoin was not to be outdone, rising 16%, and Pepecoin followed closely, also rising 16%. There was also DOG on Runes, which soared 23%!
This meme coin circle is really lively, with double-digit and triple-digit increases flying all over the sky. Arthur Hayes, the boss of BitMEX, predicted that meme coins would usher in a big explosion. He himself couldn't help but hoard some Pepecoin. Analysts are even more optimistic, saying that Dogecoin and Pepecoin have sounded the horn of the bull market.
Technical god Captain Faibik also specifically pointed out that the trend of Dogecoin has formed a beautiful falling wedge pattern, and the price has drawn a beautiful high and low point connection between the two trend lines. This is a good sign for bullishness, indicating that it will reverse and break upward. In short, Dogecoin is holding back and preparing for the next bull market!
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