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Baby Doge, SUN Soar as Meme Coins Join Broader Crypto Market Upswing

Baby Doge, SUN Soar as Meme Coins Join Broader Crypto Market Upswing

Coinedition2024/09/18 16:00
By: Parth Dubey
DOGE+6.24%SUN+0.57%
  • 1MBABYDOGE surged 42.58% in the past seven days after Binance listing. 
  • POPCAT rose a massive 20.94% in the past 24 hours. 
  • PEPE and DOGE also turned bullish, up 5.66% and 2.69%, respectively.

Most meme coins reflected gains on Thursday, joining Bitcoin (BTC) and Ether (ETH) in posting significant increases. As a result, the most sought-after meme coins are: Baby Doge Coin ( 1MBABYDOGE ), Dogecoin (DOGE), Sun (SUN), Popcat (POPCAT), and Pepe (PEPE).

Baby Doge Coin and Sun Lead the Meme Coin Rally

Baby Doge Coin (1MBABYDOGE), a meme coin on the Binance Smart Chain (BSC), was trending on CoinMarketCap after being listed on Binance trading platform. The meme token was also added to Tokocrypto, Indonesia’s largest exchange, along with Bitget listing USDT-m futures with up to 75x leverage. 

As per CoinMarketCap data , 1MBABYDOGE is up 5.52% in the past 24 hours and is currently trading at $0.00223. Over the past week, the meme coin has risen 42.58%, outperforming most altcoins in the digital asset space. The cryptocurrency’s market cap is $322.82 million, while its trading volume is down 38.59% to $82.92 million.

Read also: Pump.fun vs. SunPump: DWF Labs Analyzes Memecoin Launchpads

Meanwhile, Sun (SUN) is up 0.57% in the past 24 hours, but the meme coin has seen massive gains of over 109.89% in the past month, surpassing its rivals in the sector. The cryptocurrency has a market cap of $240 million and is growing alongside the surge in popularity of the Tron blockchain following the debut of SunPump, Tron’s first meme coin platform.

DOGE, POPCAT, and PEPE Join the Rally

Not to be outdone, Dogecoin (DOGE), the largest meme coin by market cap, increased 2.69% in the past 24 hours and is trading at $0.1038 at the time of writing. Additionally, the altcoin is up only 0.94% in the past week and is down 1.15% in the last 30 days. While the meme coin’s trading volume rose 28.26%, the token is still down 85.93% from its all-time high.

POPCAT posted a substantial 20.94% gain in the past 24 hours and is trading at $0.8656, up 38.13% in the past week. Furthermore, the meme coin saw a 71.04% increase in its price in the last 30 days, despite the broader market’s slowdown. Similarly, PEPE rose 5.66% and is trading at $0.057763 at the time of writing. It is the third-largest meme coin by market cap, which currently sits at $3.27 billion.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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