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Will the Coin Craze meme make a comeback? Binance buying and selling information recommends Sure

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  • PEPE leads with $976.96 million, up 6.77%.
  • Dogecoin is subsequent with $727.36 million.
  • NOT and WIF revenue, which reveals traders' curiosity in meme cash.

Meme cash proceed to draw the eye of merchants on the world's largest cryptocurrency trade Binance. As of July 9, 2024, nearly half of the highest ten cryptocurrencies with the very best 24-hour buying and selling quantity on Binance had been meme cash.

PEPE (PEPE): The frog-themed token held a 24-hour buying and selling quantity of $976.96 million, with a major value improve of 6.77%.

Shut behind is Dogecoin (DOGE), the unique meme coin, securing second place. DOGE's 24-hour buying and selling quantity reached $727.36 million, and regardless of a modest value improve of two.89%, DOGE maintains a major market capitalization of $24.88 billion.

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NOT (NOT had a 24-hour buying and selling quantity of $651 million, Notcoin, a local token within the Telegram ecosystem, has seen a meteoric rise that leverages Telegram's big consumer base and its Ton blockchain.

WIF (WIF): Solana-based meme coin WIF (Dogwifhat) had a 24-hour buying and selling quantity of $539.17 million. WIF noticed a dramatic value improve of twenty-two.18%. The presence of the token on the record isn’t any shock contemplating that it was among the many high two performing large-cap cryptocurrencies of 2024. In lower than 4 months, WIF has helped traders develop their investments exponentially and minted millionaires.

BONK (BONK): With a 24-hour buying and selling quantity of $518.56 million, BONK additionally noticed a major value improve of 8.04%. Solana's dog-inspired token took the meme coin world by storm final 12 months when it turned the third largest meme coin with a powerful market cap of $727 million. Since then, the token has risen among the many outstanding meme cash, and its present market capitalization is greater than $1.7 billion.

Regardless of their inherent volatility and Web-fueled hype, the presence of meme cash on this record displays the continued enthusiasm for these cryptocurrencies. Whereas some analysts see meme cash as purely speculative ventures with restricted real-world use instances, others see them as potential entry factors into the cryptocurrency marketplace for novice traders.

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It is very important observe that the crypto market is inherently risky and susceptible to fast value swings. Traders are suggested to do their very own analysis earlier than making any funding choice.

Disclaimer: The data offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version shall not be responsible for any losses incurred on account of using mentioned content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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