BlockBeats News, December 8—According to GMGN market information, as mainstream cryptocurrencies rebound, trading activity of on-chain meme coins across various networks has also picked up, with some meme coins showing notable performance. Among them: In the Solana ecosystem, meme coin Franklin had a 24-hour trading volume exceeding $20 million, and its market cap surpassed $13 million six days after launch. PIPPIN, after a continuous rally over the past two weeks, saw a pullback, with a 24-hour trading volume reaching $20.9 million and a current market cap of $177 million. Analysts previously noted strong bullish control over this token. In the BSC ecosystem, meme coin DOYR’s market cap briefly surged above $20 million over the weekend, with a single-day trading volume of $22.6 million. As of press time, its market cap had fallen back to $6.63 million. BlockBeats reminds users that meme coin prices are highly volatile, and there are still significant doubts about the sustainability of the market sentiment recovery and the depth of speculation. Users should invest cautiously.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin has been trading in a range for two consecutive months, with prices fluctuating between $62k and $75k.
Bitcoin has been trading in a two-month range continuously since April 7. In the recent period, the price’s high was between $72k and $75k, and the low was between $62k and $65k. Overall, the market is still consolidating; open interest remains steady at about $16.7 billion, and the funding rate has returned to a neutral range. Sentiment in the options market is stable: call options have risen to 47%, but there is still hedging against short-term downside risk.
GateNews7m ago
Bitcoin’s correlation with software stocks dropped from 1.0 to 0.13; on April 6, BTC ETF net inflows were $471 million
Bitcoin is up more than 5% since February 28; it has now rebounded to $69k, while the technology software industry ETF is down more than 2% over the same period. The correlation between the two has significantly declined, and spot Bitcoin ETFs also saw a net inflow of $471 million on April 6.
GateNews22m ago
Economist Professor Issues Dire Bitcoin Warning: BTC Will Crash to Zero – Here’s His Reason
Tension returned to the crypto market after a fresh warning targeted Bitcoin, with a well-known economist arguing that the asset could eventually collapse to zero. The statement quickly drew attention because it challenges the long-standing narrative that Bitcoin remains a resilient store of
CaptainAltcoin22m ago
XRP Whales Accumulate as Ripple Executives Head to Key XRPL Event in Japan
XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.
CryptoNewsFlash32m ago
Bitcoin Enters Relief Phase of the Bear Market, Crypto Analyst Reveals Bottom Time Frame
Bitcoin enters relief phase of the bear market.
Crypto analyst reveals bottom price formation time frame.
Can the price of BTC hit one last ATH before the bottom forms?
The price of Bitcoin (BTC), the pioneer crypto asset, continues to trade under the $70,000 price range and is
CryptoNewsLand1h ago
