Meme coins are back in the green over the last day.
DogWifHat (WIF) and Popcat (POPCAT) have been two of the top performers, outpacing all of their rivals.
Meanwhile, the new coin Pepe Unchained (PEPU) is making moves of its own – recently passing the $18.6 million mark in presale.
DogWifHat Surges 11% & Passes NEIRO in Volume Rankings
DogWifHat has caught traders’ attention today – and for good reason.
It’s been bouncing back aggressively, trading at $2.48 after a rocky few days earlier in the week.
WIF is now up 11% from yesterday’s low, even briefly spiking 16% before pulling back.
This rebound has nearly wiped out the losses from Monday to Thursday.
However, WIF does need to rise another 13% to reclaim Monday’s high.
All the excitement around DogWifHat is hard to miss, with it now being ranked the third most traded meme coin, passing NEIRO in the rankings.
Open interest has jumped 8%, reaching $331 million, as traders watch to see whether this is just a temporary bounce or the start of a larger rally.
The key moment will be if WIF breaks Monday’s high.
Only then will we know if the coin is truly back in bullish territory.
Popcat Also Rebounds with Technicals Hinting at Further Upside
Popcat has also been staging a comeback.
The cat-themed coin has crept back into focus, now trading at $1.27.
POPCAT is up 14% from yesterday’s low and was briefly up as much as 18% before some profit-taking pushed the price back down.
Despite the pullback, it’s returned to Tuesday morning’s level – a strong showing for a coin impacted by high volatility.
Although POPCAT is still 13% below Monday’s all-time high, many aren’t counting it out just yet.
Its market cap has recovered to $1.25 billion, putting it just behind FLOKI.
Spot volumes have surged 22%, indicating that traders are actively getting involved again.
Some trade
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Author: Felix Mollen
