(29 May 2024, 11:21 AM IST):
On this bright Wednesday morning, the cryptocurrency market is glowing green with bullish sentiment. Particularly, the memecoins sector is experiencing a solid rally, showing impressive surges in Dogwifhat, Floki Inu, Shiba Inu, and Bonk.
Bitcoin (BTC), the market leader, has rebounded from yesterday’s low of $67,289. As of now, Bitcoin is trading above $68,000, currently priced at $68,755, marking a 1.22% increase in the last 24 hours. This rise has had a positive ripple effect on other altcoins, leading to minor gains across the board. Bitcoin’s market capitalization now stands at a robust $1.35 trillion. Meanwhile, Ethereum (ETH) has also seen an uptick, climbing 0.70% to $3,874 with a market cap of $465 billion.
Among the top gainers, Notcoin (NOT), Dogwifhat (WIF), and Celestia (TIA) are stealing the spotlight with their impressive performances.
Notcoin (NOT):
Notcoin, a gaming token, has seen significant gains. Its price surged by 26.88%, reaching $0.009714. The market cap for Notcoin is currently $1 billion. Over the past week, Notcoin has experienced a remarkable 74.18% increase.
Dogwifhat (WIF):
Dogwifhat, trending memecoin, has jumped by 21.80% in the last 24 hours, reaching $0.0002656. Its market cap now stands at an impressive $3.93 billion. Over the past week, Dogwifhat has surged by 42.62%.
Celestia (TIA):
Celestia, has also benefited from the market’s optimistic mood. Its price has risen by 16.90%, reaching $11.44. Celestia’s market cap is now $2.14 billion. In the past week, Celestia has seen a 19.22% increase.
The bullish trends in Bitcoin and these notable altcoins highlight the dynamic and rapidly changing nature of the cryptocurrency market. Investors are keeping a close eye on these developments, as the market sentiment continues to evolve.