Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Shiba Inu and other memecoins lead altcoin rally after Fed pivot
ALTCOIN NEWS

Shiba Inu and other memecoins lead altcoin rally after Fed pivot

By Crypto FlexsSeptember 28, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Shiba Inu and other memecoins lead altcoin rally after Fed pivot
Share
Facebook Twitter LinkedIn Pinterest Email
  • SHIB led the latest memecoin rally amid overall altcoin market optimism.
  • Memecoins was the best performing sector on a YTD basis.

The altcoin sector has seen strong gains since the Fed pivot in mid-September, which has bolstered confidence in the market’s much-anticipated early innings. alternate season. But at press time, a familiar trend seemed to be emerging. Meme Coin dominance.

Founder of Glassnode famous Likewise, early in the alt season, memecoins claim to be in the lead. In doing so, they emphasized: dogwifehat (WIF), Shiba Inu (SHIB)and Pepper (PEPPER) It is showing strong driving force.

“We just entered altcoin season 5 days ago, and we’re already seeing strong momentum for #memecoins.”

SHIB leads the memecoin rally

Meme Coin

Source: CoinMarketCap

As of September 27, eight of the top ten memecoins, including SHIB, WIF, and MOG, have recorded double-digit gains of between 25% and 50% over the past 30 days of trading. SHIB showed an unusual characteristic in this week’s rally, with the same increase of 40%.

As of press time, SHIB’s rally has cooled slightly near the 200-day moving average (MA). Additionally, RSI shows overbought conditions.

Meme Coin SHIBMeme Coin SHIB

Source: SHIB/USDT, TradingView

However, there is stronger speculative market interest in memecoins compared to other categories, which could boost the sector.

According to Coinglass, Memcoin ranked first (12%) in open interest (OI) in the last 24 hours. This figure is approximately twice the market interest of the second-ranked gaming sector (6.8%).

Memecoin also ranked third in trading volume during the same period. This highlighted strong liquidity injections and speculators in the sector over the weekend.

Meme CoinMeme Coin

Source: Coinglass

This huge speculative enthusiasm for MEMCOIN could strengthen its market dominance again in the third quarter. In the first half of 2024, the sector was among its best performers and even Bitcoin (BTC) From profit.

At the time of this writing, the sector has the highest gains on a year-to-date (YTD) basis, with a whopping 1160% return.

Meme CoinMeme Coin

Source: Artemis

Next: ‘The Last Bitcoin Halving That Matters’ – Exec

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

Shamir’s Secret Sharing (SSS) for secure quantum data storage

October 25, 2025

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

RIVER Gains 5x Following Binance Perp Listing, Supported By Time-Encoded Airdrop Conversion

October 24, 2025

HYPE price is targeting a 54% rise with a breakout of the falling wedge.

October 24, 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

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025
Most Popular

Hut 8 Mining Corp. responds to short-selling allegations amid plunge in stock price

January 20, 2024

WBTC thieves return $71 million worth of stolen funds

May 13, 2024

‘We should not eavesdrop yet’: Guy Turner says that Crypto Bear Market hasn’t begun soon.

April 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.