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Home»EXCHANGE NEWS»Green trading for meme coins PEPE, BONK, WIF, FLOKI and MVP is on the rise. Is it a bull market?
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Green trading for meme coins PEPE, BONK, WIF, FLOKI and MVP is on the rise. Is it a bull market?

By Crypto FlexsApril 26, 20243 Mins Read
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Green trading for meme coins PEPE, BONK, WIF, FLOKI and MVP is on the rise.  Is it a bull market?
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There are two reasons why green trading is increasing in the meme coin sector. This is due to increased interest from traders and investors and the community’s willingness to explore options to profit after the Bitcoin halving. word seconds trade, which here reflects the upward trend in the listing price of MEMCOIN. This is most evident in the fact that the sector’s overall market capitalization has surged 3.55% to $53,293,647,299 at the time of writing this article.

Green trading conditions using MEM Coins

To be clear, green trading can mean two things. This is the best time to sell or the right time to experience a bull market. There are more interpretations, but the article currently sticks to these two. Traders who have made up for paper losses may potentially think now is the time to cut weight and book significant profits. Others could potentially join in on the HODL sentiment as prices could still reverse the uptrend.

Most of the increase in value is due to BONK, WIF, PEPE, etc. They have recorded significant double-digit growth. For example, PEPE is up 47.78% over the past seven days, while WIF is up 3.64% over the same period. BONK is bouncing back, growing 83.79% over the period.

What makes this interesting is the fact that the rise in value and interest occurred around a time when Eddy Lazzarin, CEO of Andreessen Horowitz, made a statement about the entire meme coin sector. They said meme coins are damaging the cryptocurrency market by changing the perception of cryptocurrencies among the public, entrepreneurs and regulators.

Are there any specific details?

Yes, there are details to be analyzed in the meme coin realm. First of all, leading meme token DOGE is down 0.99% and 2.10% over the last 24 hours and 7 days, respectively. Its market capitalization is over $21 billion. Maybe it won’t bother you. SHIB is following in the same order, up 3.87% and 9.77% in the last 24 hours and 7 days.

of the item vice president himselfAlso known as MVP, it received a lot of attention. This is based on the fact that it is of high value. $0.1436 It has surged 113.14% over the past 7 days. Its market capitalization is around $8 million, but it is speculated that it could soon follow in the footsteps of MAGA TRUMP and reach even higher levels of $600 million or more. It will ultimately come down to the swing between the best highs and lows.

conclusion

Meme coins are trading at better valuations due to increased interest from investors and traders. Volatility still exists. Please conduct thorough research and proceed with purchasing, selling or exchanging tokens accordingly.


disclaimer: This is a press release provided by the third party responsible for the content. Please do your own research before taking action based on the content.

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