Memecoins are on the rise today, July 6, amid the recent rally in the broader cryptocurrency market. While Bitcoin (BTC) is attempting to stabilize above the $57,000 level, meme cryptocurrencies are seeing notable gains today amid a significant price recovery.

Currently, the market cap of memecoins is $44,256,350,731 with a 4.7% increase in the last 24 hours. During this period, the trading volume of memecoins was $5,239,130,531.

Following the latest market developments amid the market recovery, memecoins have come back with a vengeance, posting notable gains in the last 24 hours. Shiba Inu, Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), Turbo (TURBO) have all rallied by over 10% in the last day. Memecoin BILLY has seen a 36.7% rally in the same period.

In the last 24 hours, the four largest memecoins in the market, Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) are trading in the green with significant rallies after the market “bleeds” in the last few days, bringing relief and optimism to investors.

The highlight within the memecoin market goes to the cryptocurrencies Gay Pepe, Jeo Boden and Chudjak, which showed explosive increases in the last day, being today’s biggest gainers. With a price of US$ 0.065072, GAYPEPE rose an impressive 98.7% in the last 24 hours. BODEN appreciated 51.1% and CHUD, 39.3%, in the same period.

Which memecoins are the most profitable? MOG and PEPE lead the way in data

Which memecoins are currently the most profitable in the cryptocurrency market? Recent data has revealed the top 10 most profitable memecoins in the market. A recent survey revealed the top 10 cryptocurrencies in terms of profit percentages for their investors. Surprisingly, the data highlighted the memecoins MOG and PEPE.

Cryptocurrency analytics platform IntoTheblock shared a chart on July 4 illustrating the percentage of holders in profit across various memecoins.

“Despite an overall market downturn, many memecoins still have a significant portion of their holders in profit. MOG and Pepe (PEPE) lead the space with the highest percentages of holders in profit. Traditional favorites like DOGE and SHIB continue to show resilience with a sizable number of holders in profit,” he wrote.

According to the survey, the three most profitable memecoins on the market are: Mog Coin (MOG) with 85.5% of holders in profit; Pepe (PEPE) with 78.53% and Floki Inu (FLOKI), 78.41%.

Disclaimer:

The views and opinions expressed by the author, or any person mentioned in this article, are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.

Source: https://portalcripto.com.br/retorno-das-memecoins-criptomoedas-de-meme-brilham-em-meio-a-recuperacao-do-mercado/



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