Markets
Meme coins remain on top as FLOKI, BOME and DOGE lead the markets
Recent data highlights notable price fluctuations and trading in meme coins such as FLOKI, Book of Meme, and DOGE.
FLOKI has seen a significant increase in its price and trading volume in the last 24 hours. The token price rose 10.54% to $0.0002047. This growth increased its market capitalization by 10.05% to US$1.95 billion, ranking it 51st in the ranking crypto market. Furthermore, its trading volume increased by an impressive 225%, reaching US$573.05 million.
In a recent X analysis, crypto analyst Captain Faibik highlighted a promising trend for FLOKI. According to their observations, FLOKI is currently breaking out of a bullish pennant pattern on the daily chart, suggesting a highly bullish outlook for the medium term. The analyst expects an increase of 180% to 200% for FLOKI.
CoinMarketCap FLOKI 24-Hour Chart
Book of Memes (GOOD), another meme coin, saw a 4.60% price increase to $0.01137. Its market capitalization increased by 4.54% to approximately $784.44 million, placing it in 96th place in the market ranking. According to CoinMarketCapBOME’s turnover also increased by 122.35%, totaling US$620.69 million.
A user known as smash.sol on the Solana network has had mixed luck with the BOME token, crypto.news reported. On March 13, the user purchased 170.25 million BOME tokens for 50 Solana (SUN), equivalent to US$8,500.
The next day, the tokens were sold for 767 SOL, valued at around $130,000. However, a spike in the token’s value the next day meant the Solana user missed out on a potential profit of $950,000.
CoinMarketCap BOME 24-Hour Chart
DOGE, also known as the original meme coin, has witnessed a 3.8% increase in its price, now at $0.1532. Its market capitalization grew by 4.33%, reaching US$22.11 billion and securing ninth position among cryptocurrencies. According to CoinMarketCapDOGE trading volume increased by 103.73% to $2.11 billion.
Crypto trader AutoMcNatic recently tweeted about DOGE, suggesting a potential upward move for the token. According to publishIf DOGE price exceeds $0.15, it could rise to $0.22, emphasizing the importance of macroeconomic factors.
CoinMarketCap DOGE 24-hour chart
Crypto.news too reported earlier today that Pepe (PEPE) is up 21% in the last 24 hours, now trading at $0.0000102. Frog-themed meme coin whale transactions increased by 416%, with a notable increase in exchange activity. The asset’s Relative Strength Index suggests that it is currently overvalued, indicating potential high price volatility.