Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Memecoins ‘Rally Hard’ as Retail-Based Market Participation Increases: QCP Capital
ADOPTION NEWS

Memecoins ‘Rally Hard’ as Retail-Based Market Participation Increases: QCP Capital

By Crypto FlexsMarch 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Memecoins ‘Rally Hard’ as Retail-Based Market Participation Increases: QCP Capital
Share
Facebook Twitter LinkedIn Pinterest Email

Memecoin market capitalization has increased by more than 17% in the last 24 hours, significantly outperforming the rest of the cryptocurrency market, which has gained more than 4% over the same period.

According to CoinGecko data, Mimcoin’s current market capitalization is $53.3 billion.

A recent QCP Capital Markets report suggested that the ‘speculative buying frenzy’ that emerged during Monday’s Asian trading session could spur prices higher. “Altcoins, especially memecoins, are now rallying hard as retail FOMO really sets in,” the report said.

QCP Capital analysts noted an increase in leverage buyer activity over the past 24 hours. However, they added that recent lively market movements could fade if Bitcoin breaks its all-time high in dollar terms.

Crypto Rally Driven by ‘Retail Impulse’

The suggestion that retail participants may be driving the recent rise in memecoins is consistent with a JP Morgan note from last week that pointed to increased market activity from this group.

According to JPMorgan analysts, the recent surge in cryptocurrency prices appears to have been fueled by impulsive decisions by individual traders rather than institutional investors or market fundamentals.

“Like stocks, retail demand for cryptocurrencies appears to have rebounded in February, driving a strong rally in crypto markets this month,” JPMorgan analysts led by Nikolaos Panigirtzoglou wrote on Thursday.

Memecoin market capitalization increases

In the last 24 hours, the following major memecoins Dogecoin viceroy

+18.34%
Bonk, Pepe and Shiba Inus increased by 14%, 28%, 31%, and 19%, respectively. In comparison, according to The Block price page, major cryptocurrencies such as Ethereum rose by about 2.5% during the same period.

Currently, there are 7 memecoins in the top 100 cryptocurrency tokens by market capitalization. According to The Block’s pricing page, Dogecoin ranked 10th, Shiba Inu ranked 12th, Pepe ranked 42nd, Bonk ranked 51st, Dogwifhat ranked 69th, Floki ranked 76th, and Apecoin ranked 83rd.

According to Coingecko data, Bitcoin’s dominance in the overall cryptocurrency market is currently 50.2%, while Ethereum’s dominance is 16.5%.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Algorand (Algo) Get momentum in the launch and technical growth.

July 14, 2025

It flashes again in July

July 6, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Add A Comment

Comments are closed.

Recent Posts

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Ether Lee Rium breaks $ 3K with 7,200% of the virus L2 coin eyes.

July 20, 2025

XRP Breaks Through $3.5! DL Mining Launches AI Cloud Mining Contracts, Earning Steady Profits Every Day

July 20, 2025

AAVE gains strength as AAVE dominates defect loans with net deposits of $ 50B or more.

July 19, 2025

As XRP Surges, DLMining Platform Opens New High-yield Cloud Mining Opportunities For Holders

July 19, 2025

Missed Out On Bitcoin At $9999? SIM Mining Cloud Mining Brings You New Opportunities For Wealth!

July 19, 2025

NFT is a rebound -there is a teenage NFTS this week.

July 19, 2025

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025
Most Popular

University Speaker Receives Ayahuasca, Shills Bitcoin, Gets Heckled.

May 7, 2024

Bitfinex Alpha | BTC volatility continues as market correction becomes more likely.

January 17, 2024

SWYFTX quotes Trump Tailwind to acquire New Zealand’s easy encryption.

March 18, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.