Memecoins
3 Meme Coins to Buy Amid Market Recovery
Crypto assets are gaining lost positions today, with altcoins and major coins seeing slight upward moves. The crypto market saw negative developments over the past week, with Bitcoin falling below $70,000 before dropping to $65,000. With billions liquidated, crypto assets plunged, affecting decentralized finance (DeFi) numbers and institutional inflows.
However, today’s rebound sent positive signals to the market with piece of money bulls see 100X gains to push market cap to previous levels. The total crypto market capitalization stands at $2.47 trillion, an increase of 2.3% in the last 24 hours. However, meme coins fell 5% during the same window and saw their total value fall to $49.4 trillion. Amidst the assets recording capital inflows, here are some meme coins to buy.
Grok1.5
Grok1.5 is up 100.3% today, marking a turning point in trading sentiments. These daily gains increased the chain of capital inflows in the long term. Weekly entries increased to 57.7% while monthly figures are at 68.3%. Grok1.5 is trading at $0.0000008 at press time with a 24-hour trading volume of over $75,000.
Grok1.5 is among the meme coins to buy due to a surge in AI tokens. Over the past 24 hours, AI coins surged after
Nvidia has become the largest company in terms of market capitalization.
Basenji (BENJI)
Basenji is trading at $0.07332 and is up 78% today, making short-term gains to wash away negative sentiments. The weekly numbers are still in the red zone, down 21%, while the monthly numbers are up a massive 323%. According to data from
CoinGeckothe market capitalization of the asset stands at $73.3 million while daily volumes hover around $5.6 million.
Bowl
Billy price surpassed gains 50 times today with gains of 58% after intraday profits. The asset is trading at. $0.04881 as new meme coins continue to attract bullish investors. Over the past 24 hours, trading volumes reached $45 million, indicating a bullish presence around the asset. Market enthusiasts also point to future bullish trends as crypto becomes an election issue in the United States as positive factors.
Read also: Will the Matic price rebound in June 2024?
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for the latest news. Staying on top of trends, David has worked across several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Far from the financial markets, David goes cycling and horse riding.