The two memecoins exploded once again after getting listed on the world's largest crypto exchange.
The two memecoins exploded once again after getting listed on the world’s largest crypto exchange.
Bitcoin initiated a leg up in the past 24 hours that brought it just inches away from the coveted $30,000 line. However, the asset is yet to breach it. The altcoins are also on the rise, with ETH nearing $2,000, while SOL and UNI are up by 4% daily. However, the day belongs to PEPE and Floki Inu.The working week, which was also the beginning of the new month, started on a bad note for bitcoin, whichby roughly two grand in hours to a multi-day low of $27,650 . However, the bulls managed to defend the asset’s position and pushed it to above $28,000 shortly after.
The FOMC meeting couldn’t rattle BTC’s cage either. The latest interest rate hike of 25bps, which could actually be the last one, had no immediate effect on bitcoin. Hours later, though, the asset started gaining value andThe past 24 hours saw yet another price jump from bitcoin that drove it to just under $30,000. Nevertheless, BTC has been unable to overcome that level as of now and stands around $500 below it.This is all you need not to miss any price action in the raging crypto markets.
. Launched in mid-April, it’s essentially a memecoin without real utilization. However, the crypto market is known for having such projects explode in popularity and price quickly, which has been the case with PEPE.
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