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Top 3 Meme Coins Defying Market Trends Amid Crypto Crash
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The meme coin sector has gained notable attention from crypto market enthusiasts lately, as evidenced by the surge in their prices. Most of the major meme coins have noted significant rallies over the past few days, signaling a growing interest of the traders towards the sector.
However, the optimism seems to have cooled today, amid a broader crypto market crash, which has also triggered a sell-off in the meme coin sector. Most of the meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and others have retreated amid a bearish sentiment in the broader market.
But despite the downturn momentum, three cryptos, cat in a dogs world (MEW), Book Of Meme (BOME), and Memecooin (MEME), have rallied, capturing the investors’ attention.
MEW, BOME, & MEME Showed Resilience Despite Market Crash
Amid a widespread crypto market crash, the three meme coins, MEW, BOME, and MEME, have defied the trend by experiencing a notable price rally. This resilience has left investors intrigued, especially considering the sell-off observed in other meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), and others.
Notably, one factor contributing to MEW’s and BOME’s rally is the growing interest in Solana meme coins within the crypto community. Solana’s recent performance and increased adoption suggest an increasing confidence of the investors towards Solana and the projects built on its network.
So, let’s take a look at the meme coins and their recent performances.
Price & Performance
MEW Price Rallies 20%
MEW’s price continued its rally following a major listing announcement today. The leading crypto exchange HTX has announced MEW’s listing on its platform. Notably, the deposits are already opened and the withdrawals are scheduled to begin on April 3. Besides, several other prominent exchanges like BitKan, BitMart, and others, have also announced MEW’s listing, further driving its price upwards.
On the other hand, MEW’s airdrop program for Solana Mobile Chapter Two pre-order holders has incentivized engagement and contributed to its price appreciation. Meanwhile, the airdrop initiative, in particular, has garnered attention, with MEW tokens distributed to pre-order holders covering a substantial portion of the mobile device’s cost. This strategic move not only rewards early supporters but also fosters community participation and loyalty towards the MEW ecosystem.
Meanwhile, as of writing, the MEW price was up 19.50% and traded at $0.006233, with its trading volume soaring 13.24% to $225.74 million. Over the last seven days, the meme coin has added nearly 160%, while noting a monthly surge of about 250%.
Also Read: Sam Bankman-Fried Will Be On Supervised Release For Years After Prison Term
BOOK OF MEME (BOME) Soars 2%
The BOOK OF MEME was another top gainer in the meme coin segment today, as evidenced by the surge in its price. Notably, the BOME price soared 1.95% and exchanged hands at $0.01579 during writing.
Its trading volume over the last 24 hours skyrocketed 115.03% to $1.89 billion. Notably, the Solana-based meme coin has noted a weekly surge of 10%, while adding about 1613% over the last 30 days.
Memecoin (MEME) Adds 2%
Another top percentage gainer in the meme coin sector, MEME traded at $0.03993, up 1.35% from yesterday. Its trading volume also rocketed 260.15% to $373.38 million, suggesting an increasing trading activity of the meme coin.
However, despite its recent surge, the crypto has dropped more than 13% over the last 30 days, suggesting an increasingly volatile condition of the crypto.
Also Read: Binance To List New Pairs For BCH, LTC & Others, Price Recovery Ahead?
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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