News sources widely report that there has been a meme coin resurgence happening in the past 24 hours. Brett (BRETT), Pepe (PEPE), and the up-and-coming Base Dawgz (DAWGZ) appear to dominate the recovery.
Brett (BRETT) is a token on the Base chain, that has displayed a huge comeback. It had dropped to a reported $0.060, but the coin has jumped to $0.095, creating a 63% hike from its lowest point yesterday. This spike has restored BRETT close to its previous levels before the weekend’s downturn. The jump-back started when BRETT bounced off the $0.060 support level, reports suggest.
Presently, BRETT is nearing the 50-period exponential moving average (EMA) on the 4-hour chart. Traders are monitoring this level closely to see if it will become a dynamic resistance point. If BRETT goes beyond this EMA, it could hope for the previous high of $0.145 seen last Monday. Conversely, a rejection at the EMA might lead to another drop to the $0.070-$0.080 range, according to news sources concerning the meme coin resurgence.
Pepe Jumps 37% in One Day, But Can It Rally Higher?
Pepe (PEPE), the frog-based token, is also thriving in the spotlight as it has ascended to $0.0000080, depicting a 37% increase from its recent drop amid the meme coin resurgence. Similar to BRETT, PEPE has jumped back from losses inflicted on Monday, bouncing back impressively from the $0.0000060 support level, news sources reported.
PEPE has not just shown allegedly impressive price movement but also expanded immensely its trading volumes. Spot volumes for PEPE have gone up by 32% to $2 billion, making it the 10th most traded cryptocurrency globally. Within the meme coin sector, PEPE ranks second, just following DOGE. This notable increase in trading volume shows increasing interest and activity among investors, indicating a strong market presence.
According to news sources, traders are now monitoring a potential target of $0.0000086, which shows an additional 10% hike from its current position. If PEPE reaches this target, it would allegedly cement its status as a dominant player in the meme coin arena which might lead to more attention from traders and enthusiasts. This velocity underscores the current appeal and uncertainty within the meme coin ecosystem, which often undergoes fast shifts in value and trading activity.
Base Dawgz Presale Surges to $2.8M Amid Meme Coin Resurgence
The new meme coin Base Dawgz (DAWGZ) is also allegedly moving well in the meme coin resurgence, alongside BRETT and PEPE, in its presale phase. The presale has moved beyond $2.8 million, with DAWGZ tokens valued at an alleged $0.007414 each. The presale has acquired quite an attention, with DAWGZ’s Twitter and Telegram communities blasting off.
One feature gaining attention is the instant staking facilitation for buyers. The rough annual yield from staking DAWGZ tokens is reportedly a huge 958%, which has led to over 32% of purchased tokens already gone for staking. The multi-chain approach of DAWGZ, crafted to work across different blockchains, provides more flexibility for holders. Moreover, DAWGZ has a Share-to-Earn model, where clients can earn DAWGZ by sharing viral content on social media.
This amalgamation of features has secured note-worthy acknowledgements. For instance, YouTuber ClayBro brought a video indicating that DAWGZ could “make millionaires.” The time is yet to determine if DAWGZ will carry this supercharged movement forward till the official launch. However, with the overall meme coin resurgence, DAWGZ seems well-poised for a potentially enthralling few weeks ahead.
Conclusion
In summary, the recent meme coin resurgence has brought quite some benefits for Brett, Pepe, and Base Dawgz. Brett and Pepe have displayed allegedly remarkable recoveries, with huge price hikes and surging trading volumes. Meanwhile, Base Dawgz is skyrocketing in its presale phase, gaining traction with its multi-chain approach and staking potential. As the meme coin market advances, these developments show the circumstances and often volatile nature of cryptocurrency investments. Follow TNYR for more updates on meme coin trends.
