The market outlook is in the red zone, but there are still small strongs!
Top crypto assets have plummeted in the market due to macro and industry factors, but the prices of these meme coins below are soaring.
Dub duck has remained a favorite in crypto this past week. Despite the decline in the broader market, the asset has risen 60% in the past 24 hours. Recently, the comprehensive market has achieved huge gains.
The asset has soared more than 446% this week and more than 600% in the past 14 days. According to CoinGecko, dub duck has a daily trading volume of $53,437. These low trading volumes can be seen as a bullish indicator of more capital inflows.
Crow with Knife surged more than 57.5% today and has maintained positive momentum in the past 30 days. Its bullish momentum continues as the community rallies around the asset.
Crow with Knife is up 594% this week despite reduced inflows from other assets. The rise of this crypto asset has attracted bulls to speculate on the potential price direction after the Bitcoin inflow halving.
MichiCoin is up 44.6% today as the overall cryptocurrency market is down. This shows the growth of memecoins over the past two weeks. MichiCoin continues to attract growth from crypto bulls in the short term.
As crypto assets continue to trade sideways after the Bitcoin halving, investors are hoping for capital to flow into assets that are surging. This explains the rapid growth of memecoins, even though some memecoins have plummeted like the broader crypto assets.
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