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

Current information corroborates that despite a basic revolve down in the crypto economic situation, the meme coin industry owns seasoned a 3.2% optimize in the last 24 hours. Noticeably, dogecoin and bonk have sensed integrating spurts of 1.2% and 9%. Fourthly, Sunday saw several meme tokens attaining gains in the double digits.

Meme Symbols Defy Crypto Gloom

The meme coin cryptocurrency industry owns seen a 3.2% uptick in advantage compared to the U.S. dollar, via the industry attaining around $1.25 billion in international trade quantity over 24 hours. Dogecoin (DOGE), the spearheading asset in industry capitalization within the meme coin classification, seasoned a 1.2% boom, and owns augmented by 2.9% over the previous week.

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DOGE/USD on Jan. 14, 2024, via Coinbase.

In contrast, shiba inu (SHIB) videotaped a insignificant revolve down of 0.1% on Sunday, yet it owns venerated 6.4% in the last week. Bonk (BONK), position ultimately in the meme coin sector, boosted by 9% against the greenback during Sunday’s trading period. In intensification, BONK owns climbed up 44.2% this past week.

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BONK/USDT on Jan. 14, 2024, via Binance.

Pepe (PEPE) seasoned a insignificant revolve down of 0.5% in days gone by 24 hours, yet it owns recommended a sizeable optimize of 9.1% over the week. Corgiai (CORGIAI) confronted a 3.6% diminish on Sunday, culminating in a monumental 25% subdue in its advantage over the week. Floki (FLOKI) implemented rather well, attaining a 1.6% boom today and a 3.1% uplift throughout the week. The meme coin dogwifhat (WFI) boosted by 35.9% on Sunday, and it owns better boosted by 222% over this week.

Memecoin (MEME) remarked a 15.4% optimize in days gone by day and a sizeable 22.5% rise over the last week. Yet, not with one voice meme tokens have reciprocal in this upwards craze; myro (MYRO) spurned by 15.3%, magical tux (TUX) dropped by 12.9%, and sacabam (SCB) decreased by 11.9% against the U.S. dollar. Presently, the meme coin industry’s net advantage stands at $21.94 billion, obeying the 3.2% boom. The meme coin industry now stands for 1.24% of the unabbreviated advantage of the crypto economic situation.

What lug out you reckon around the meme coin industry’s gains on Sunday? Share your tips and opinions around this subject in the feedbacks sector listed under.

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