PEPE’s trading volume has surged by 48% to hit $1.13 billion.
The meme coin market cap has noted an increase of 6.17%.
The cryptocurrency market has witnessed a prolonged downtrend as the bears put pressure on the potential bull market. The entire market was bleeding lately. However, the global crypto market cap is up 3.21% to $2.11 trillion over the last day. Similarly, the total crypto market volume increased by 33.78% to $87.97 billion. Besides, Bitcoin, the leading cryptocurrency, experienced a spike of 3.38%, and Ethereum by 5.62%. Despite this according to the CMC Crypto Fear and Greed Index, the current market sentiment is still fearful at 37.
Meanwhile, the meme coins have bounced back from critical levels. This spike usually is witnessed after prolonged bearish momentum. The volatile meme coin market cap recorded a significant surge of 6.17%, and the trading volume is up by 26.41%. Three notable meme coins have soared considerably, which include Pepe, Bonk, an
We współpracy z: https://thenewscrypto.com/meme-coins-are-bouncing-back-amidst-market-fluctuations/
