Meme cash are again at it with vital features all through the previous 24 hours. The market is recovering, usually, however some meme cash are undoubtedly performing higher than the remaining.
Shiba Inu (SHIB) is up a whopping 13% over the previous 24 hours, buying and selling at barely beneath $0.0003. The cryptocurrency stays down some 10% on the weekly chart, outlining the appreciable volatility it has skilled over the previous few days. That mentioned, SHIB is performing higher than DOGE, which is up solely 5.7% over the previous day.
And but, the Solana-based meme coin Dogwifhat (WIF) is the very best performer within the meme coin market as we speak.
The cryptocurrency exploded by some 30% over the previous 24 hours. It’s at present buying and selling at round $3. This didn’t occur by itself, nevertheless. The surge coincided with a photograph that Elon Musk posted on Twitter.
— Elon Musk (@elonmusk) March 17, 2024
Notably, it’s his canine and a few others celebrating its birthday and carrying a hat. Apparently, that’s all it wants for the market to go hovering up, even though there’s no apparent relationship between the picture and meme that’s changing into more and more common.
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