Meme Coin Market Bucks Crypto Downtrend With 3.2% Rise, Led by DOGE and BONK Gains

Recent information indicates that contempt a wide diminution successful the crypto economy, the meme coin assemblage has experienced a 3.2% summation successful the past 24 hours. Notably, dogecoin and bonk person observed respective surges of 1.2% and 9%. Additionally, Sunday saw respective meme tokens achieving gains successful the treble digits.

Meme Tokens Defy Crypto Slump

The meme coin cryptocurrency marketplace has seen a 3.2% uptick successful worth compared to the U.S. dollar, with the assemblage achieving astir $1.25 billion successful planetary commercialized measurement implicit 24 hours. Dogecoin (DOGE), the starring plus successful marketplace capitalization wrong the meme coin category, experienced a 1.2% rise, and has accrued by 2.9% implicit the erstwhile week.

In contrast, shiba inu (SHIB) recorded a flimsy diminution of 0.1% connected Sunday, though it has appreciated 6.4% successful the past week. Bonk (BONK), ranking 3rd successful the meme coin segment, surged by 9% against the greenback during Sunday’s trading period. Moreover, BONK has climbed 44.2% this past week.

Pepe (PEPE) experienced a insignificant diminution of 0.5% successful the past 24 hours, yet it has shown a notable summation of 9.1% implicit the week. Corgiai (CORGIAI) faced a 3.6% driblet connected Sunday, culminating successful a important 25% alteration successful its worth implicit the week. Floki (FLOKI) performed comparatively well, achieving a 1.6% emergence contiguous and a 3.1% uplift passim the week. The meme coin dogwifhat (WFI) surged by 35.9% connected Sunday, and it has further risen by 222% implicit this week.

Memecoin (MEME) witnessed a 15.4% summation successful the past time and a notable 22.5% maturation implicit the past week. However, not each meme tokens person shared successful this upward trend; myro (MYRO) declined by 15.3%, magical tux (TUX) fell by 12.9%, and sacabam (SCB) decreased by 11.9% against the U.S. dollar. Currently, the meme coin market’s nett worth stands astatine $21.94 billion, pursuing the 3.2% rise. The meme coin assemblage present represents 1.24% of the full worth of the crypto economy.

What bash you deliberation astir the meme coin sector’s gains connected Sunday? Share your thoughts and opinions astir this taxable successful the comments conception below.