The memecoin market, which is funny tokens like DOGE, SHIB, and PEPE, has suddenly become extremely popular, with a total value of nearly $56 billion! The prices of these "Internet celebrity" coins have risen sharply due to the participation of some big investors.
Dogecoin is now at a turning point in its rise, and Pepecoin has also seen many large transactions, with more than $100,000 being bought and sold at any time.
The overall market value of memecoins has skyrocketed by 19% in one day, which is simply bright green! Especially Dogecoin, Shiba Inucoin, Pepecoin, and dogwifhat, they are all rising wildly. According to data, Dogecoin rose 8% in one day, Shiba Inucoin and Pepecoin both rose 16%, and some coins even rose more.
The spring of memecoin is coming, and many big guys have started to stock up, such as Arthur Hayes, the founder of BitMEX, who is optimistic about Pepecoin. Technical analysts also jumped out to say that both Dogecoin and Pepecoin have entered a bull market mode, especially Dogecoin, whose price trend looks like it is preparing for a bigger rise.
In general, the meme coin market is hot now, and everyone wants to get a piece of the pie!
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