The cryptocurrency market has experienced a volatile week, following Bitcoin price hitting an all-time of $93,434.36, then dropping to $87,000, before beginning a recovery.
Cryptocurrency market sees volatile week after Bitcoin price hits all-time high
The cryptocurrency market experienced a volatile week, following Bitcoin's price hitting an all-time high before dropping and beginning a recovery.
BTC trades between $86,682.82 and $90,677.18, sending shockwaves through the market. Some top altcoins, including Ethereum, also saw their values drop.
However, certain alternative cryptocurrencies showcased remarkable success. Among them were Pepe (PEPE), Dogecoin (DOGE), Brett (Based) (BRETT), and Bonk (BONK), which showcased resilience and saw noteworthy increases.
Best Crypto Performers of the Week
1. Pepe (PEPE)
Frog-themed cryptocurrency PEPE continues to see a rise in its value, driven by its popularity within the crypto meme community. Pepe remains one of the most active and volatile tokens in the meme coin category, boasting a market cap of over $9.08 billion.
The meme coin saw a massive 4,479% surge in whale inflows, indicating confidence among large holders. This influx of funds pushed PEPE prices to new highs.
In a notable move, 506 billion PEPE, worth $11,405,224, were transferred to Robinhood. With Robincope listing PEPE, institutional buying could be driving the surge, with PEPE Price up nearly 250% from its recent low.
2. Dogecoin (DOGE)
As the original meme coin and the largest by market capitalization, Dogecoin (DOGE) continues to maintain its standing within the cryptocurrency world. Over the past week, Dogecoin's price increased by 87.67%, and today, it is traded at $0.3725.
DOGE has a market cap of $54.68 billion and a 24-hour trading volume of $14.66 billion, making Dogecoin one of the best meme coins to buy, whether you're a retail or institutional investor, due to its strong liquidity. The coin's 90-day growth of 263% also highlights the increasing positivity surrounding it.
3. Minotaurus (MTAUR)
Presale Price: $0.00005982 USDT
In the realm of gaming tokens, Minotaurus, a blockchain gaming project, is gaining attention for merging engaging gameplay with strategic elements. Its token, MTAUR, is deeply integrated into its ecosystem, enabling features like avatar customization, special zone access, and power-ups.
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