CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-07-07 07:09:16

Why Memecoins Are Up Today? Dogecoin, Bonk, Floki, Price Rally!

The post Why Memecoins Are Up Today? Dogecoin, Bonk, Floki, Price Rally! appeared first on Coinpedia Fintech News Memecoins have been doing well in recent times. Today, however, has marked a particularly bullish day for this category. Tokens like BONK, FLOKI, and PEPE have climbed into the top gainers list. That being said, Dogecoin and Shiba Inu are in no way behind, as these blue-chip tokens have catalysed the trend. This rally comes as the total crypto market cap surged to $3.37 trillion, with daily volume climbing over 38%. Despite a neutral Fear & Greed index at 52, traders have aggressively rotated into altcoins and memecoins. Join me as I give you an overview of today’s memecoin market trend. Memecoins Market Overview The memecoin category’s market cap soared to $55.5 billion, up 5.46% in 24 hours, with an equally notable 64.24% jump in volume to $7.34 billion. The daily chart shows a breakout attempt above the 20-day SMA at 52.07B, while the RSI stands at 52.97, suggesting momentum is tilting toward bulls. The Bollinger Bands are squeezing tighter, hinting at an imminent volatility spike, which is likely upward. Top Memecoins Today Dogecoin (DOGE): DOGE led the charge by climbing 6.3% to $0.1737. The rally was primarily driven by Elon Musk’s recent pro-crypto political endorsement, which rekindled retail interest. DOGE also saw a remarkable 249% spike in trading volume, further reinforcing the bullish momentum. Shiba Inu (SHIB): SHIB followed suit with a 3.43% gain, currently trading at $0.00001179. The rally was triggered by a massive 116 million token burn in the past 24 hours, which was a 10,845% increase. Thereby, tightening supply and coinciding with a bullish technical breakout. Check out our Shiba Inu (SHIB) Price Prediction 2025, 2026-2030! Pepe: Meanwhile, Pepe (PEPE), the frog-based coin, jumped 5.25% to $0.00001009, driven by strong whale accumulation. Data shows that whales have added 5% more to their holdings over the past month, while 247 trillion PEPE tokens have been moved off exchanges, reducing short-term sell pressure and signaling a potential rebound. FLOKI: Floki outperformed the broader memecoin category, soaring 14.23% to $0.00008511. The sharp rise followed the successful mainnet launch of Valhalla on June 30, which added real utility to the ecosystem. Combined with a technical breakout and investor rotation into mid-cap memecoins, FLOKI emerged as one of today’s top gainers. BONK: Bonk has been the talk of the town for quite some time now. It rose 6.37% to $0.00002202, as investor optimism surged following the BONK ecosystem’s recent expansion. Bonk.fun overtook Pump.fun in Solana bond volume. And the announcement of a $50 million grants program, along with NFT staking mechanisms, helped tighten supply and boost investor sentiment. Read our Bonk Price Prediction 2025, 2026-2030 for long-term insights! FAQs Why are memecoins up today? A sudden surge in retail interest, capital rotation, ecosystem upgrades, and whale accumulation has fueled today’s rally. Is this a short-term pump or a longer trend? Technicals suggest a possible breakout continuation, but memecoin rallies are typically short-lived and speculative. Which memecoin showed the strongest performance today? FLOKI, up over 14%, led gains due to the Valhalla mainnet launch and a rotation of capital into mid-cap memecoins.

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.