- Meme Coins Surge Despite Lower Volume: The meme coin market cap jumped 8% to $75.58 billion despite trading volume dropping 20%, with PEPE, BONK, FARTCOIN, and DOGE all showing significant gains in the past 24 hours.
- PEPE, BONK, and FARTCOIN Rally: PEPE is up 8% amid renewed interest from short-term holders, while BONK gained 14% following a textbook Elliott Wave pattern. Meanwhile, FARTCOIN surged 12% to $1.42, holding above its 20-day EMA support.
- DOGE Shows Accumulation Signs: DOGE rose 10% to $0.2431, driven by strong spot accumulation despite a 39.36% drop in trading volume. Key resistance lies at $0.36, with $0.21 acting as crucial support for the original meme coin.
Meme coins are making noise again. The market’s gone green, with top tokens like PEPE, BONK, FARTCOIN, and DOGE all surging in the past 24 hours. The total meme coin market cap shot up over 8% to hit $75.58 billion. But here’s the weird part – trading volume’s actually down 20%, sitting at $12.27 billion. Yet, sentiment? It’s heating up big time.
PEPE: Is a Breakout Brewing?
PEPE’s up 8%, trading at $0.00001429. But the real action’s in the short-term holder data. Crypto analyst Max spotted a shift – after four months of falling activity, short-term PEPE holders are jumping back in.
‘It looks ready to explode higher,’ Max said, noting that renewed interest and fresh liquidity are exactly what PEPE needs to break out of its slump.
BONK: Elliott Wave Says What?
BONK’s up 14% to $0.00002430, and according to ‘Man of Bitcoin,’ it’s following a classic Elliott Wave pattern. He’s calling this a textbook five-wave move, suggesting there’s more gas in the tank.
Support? Watch $0.0000172 to $0.0000111. But if BONK can bust through $0.0000319, we could be looking at a wave-3 move – usually the strongest in the cycle. In other words, BONK might just keep ripping.
FARTCOIN: From Punchline to Power Move
Yeah, FARTCOIN. It started as a joke, but now it’s up 12% to $1.42, smashing through resistance and catching eyes. The 20-day EMA at $1.20 is holding solid, and the RSI’s at 66.48 – not quite overbought but getting close.
If FARTCOIN can keep that EMA support, it could keep running. But if it loses it, expect a pullback – at least in the short term.
DOGE: The OG Meme Coin Roars Back
DOGE’s not sitting this one out. It’s up 10% to $0.2431, even with trading volume down a hefty 39.36%. That kind of divergence usually means one thing – big wallets are buying.
Ali Martinez highlighted two key levels: $0.36 as a major resistance and $0.21 as a critical support. If DOGE can’t break that overhead wall, the rally might stall out. But as long as $0.21 holds, bulls are still in control.
Bottom line? Meme coins are heating up again, and while some are still riding the joke wave, others are showing signs of real momentum. But with trading volume slipping, it’s anyone’s guess how long the party lasts.
