Memecoins
Which meme coins are receiving investor support today?
Meme Coin has become the face of profits in 2024 as more than any other cryptocurrency has shone on the market, especially dogwifhat (WIF), Pepe Coin (PEPE) and Floki Inu (FLOKI). outperforming Bitcoin. The continuity of these gains has hit a snag in recent times where the overall decline in the cryptocurrency market has also affected meme coins.
While the market is recovering, many cryptocurrencies are recovering from losses. In this regard, let’s take a look at meme coins that have seen a sharp rise thanks to investor support.
5 meme coins with big hikes today
Overall, the market capitalization and trading volume of meme coins are declining, indicating the presence of bears in the market. But the bulls have also entered, as many meme coins have seen large recoveries over the past 24 hours. Of these, KIBSHI, BYTE, MAGA, BOME, and NPC achieved the highest increase for CoinmarketCap
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1.KiboShib (KIBSHI)
KIBSHI falls under dog themed meme coins category, created with AI technology, making it stand out. Following the market trend, KIBSHI has had a slowdown before, interrupting its weeks of rally, but today is different. KiboShib has risen 58% in the past 24 hours, bringing the current price to $0.000009411 with a market capitalization of $9.41 million. This increase comes after a 313% increase in trading volume due to increased activity on the network.
2.Byte (BYTE)
After March’s rally to an all-time high, BYTE is attempting another rally where its price increased by 198% in a week. It gained a 28% increase in the last 24 hours, bringing the price of BYTE to $0.0000336 with a market capitalization of $32,401,801. With analysts predicting a continued rise, Byte has a long way to go, as the all-time high is 47% higher than the current value.
3.MAGA (MAGA)
With a year-to-date return of 2733%, MAGA is among the high-profit meme coins due to its hype linked to former President Donald Trump. Since Trump is in the highlights, all the Trump themed meme coins, including MAGA, are attracting investor attention. At the time of writing, MAGA is trading at $0.0003149 with a market cap of $122,930,604.
4.Book of Memes (BOME)
BOME had moved away from its peak behavior and was quite bearish for days. She was among the first cryptocurrencies to create hype around the Solana meme coins, offering high returns on investments. However, the Book of Memes has remained out of the picture until now. Over the past 24 hours, BOME price has seen an increase of 11%, bringing its value to $0.01071 with a market capitalization of $739,052,850.
5. Non-playable coin (NPC)
After making gains of 330% in the month’s span, NPC reached a new all-time high of $0.0282 two days ago. The non-playable coin combines two popular technologies of Non-fungible token (NFT) and meme coins. Although the value has moved away from all-time highs, the surge is still maintained. NPC price is now at $0.02691, which is only 5% away from the ATH. If the trend continues, the price could rise further.
The list of rising meme coins does not end here, as WHY, PEPE 2.0, and many others have followed the same trend. However, it is interesting to see that no highly sought-after meme coins like DOGE, SHIB or PEPE are attracting investors’ attention today.
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