3 Bullish Meme Coins For Today’s Declining Market

Battling with the bears, meme coins like SHI MEW and many others moved higher in value with their continuous efforts today. Check out the details
By Pooja Khardia
Updated: 27 Aug, 2024 | 10:41:29 AM GMT
3 Bullish Meme Coins For Today's Declining Market

Meme Coins are the rulers of 2024, which have grabbed all the profits since the beginning, becoming the favored cryptos of investors. As of now, the meme-based cryptocurrencies have become a market of $46.1 Billion and handle 6 Billion in trading volume.

The popularity of meme coins can be seen with PEPE and WIF, which offer the highest gains in YTD% and outperform Bitcoin. The remaining coins are following the same even in bearish market situations. On that note, let us discuss some meme cryptocurrencies being bullish in today’s market conditions.

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Cat In The Dog World (MEW)

MEW, a popular meme coin, is in highlight today with its increasing demand in the market. The increased trading volume has pushed its trading volume by 192% to $238,820,416. The impact of this increased network activity is also visible on the MEW price, as it is at $0.004598 after a 9% surge. Even in the declining market, many cat-themed meme coins are bullish today, including MEW.

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PEPE Unchained (PEPU)

PEPU is bullish even in its presale stage as the investors are eyeing this meme coin for being better than the PEPE. It is not like other crypto entering the market to follow a trend but to create a new image around meme coins by launching the world’s first  layer2 network for meme coins, challenging Ethereum. As of now, the PEPU price is $0.008 and offers better speed and transactional volume, security, staking rewards, and much more..

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Shina Inu (SHI)

After following a downtrend for days, the SHI price is finally making a recovery with its 6% gains in the last 24 hours. With its involvement in meme coins and Non-Fungible Tokens (NFTs), SHI peaked at the beginning of this year, creating an all-time high of $0.0001129, which is now 99.35% from the current value of $0.0001129. As the price has begun to move away from the downtrend, the 91% surge in its trading volume of $407,465 can increase the chances of continuation.

Continue Reading Trending Cryptos To Buy Under $5

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Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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