Top Memecoins Profiting: At the moment, Bitcoin is trading at less than $70,000, which indicates that the entire cryptocurrency market has been facing a decline. Even though this uncertainty exists, meme coins have been able to successfully go against expectations by rewarding investors with tremendous rewards. This week, a few meme coins have garnered much attention for making remarkable returns ranging from ten to one hundred times their initial value. To better understand these high achievers’ most recent tendencies, let’s go deeper into the specifics of their lives.
Byte (BYTE)
Top Memecoins Profiting has seen Byte become a significant player in the last seven days. The token’s value has surged 228.05% in the past week, reaching $0.0000305, and it is based on Ethereum. The increasing trend for BYTE is still strong despite the slight drop the day before.
Cryptocurrency community members are taking notice of Byte due to its $29.4 million market cap and $1.7 million trading volume in 24 hours. There is a total supply of roughly one trillion BYTE coins, with around 55.5 billion in circulation.
Hoppy (HOPPY)
The impressive success of another Ethereum-based meme coin, Hoppy, has also piqued investors’ curiosity. At its current price of $0.00004588, HOPPY has experienced a weekly spike of 173.81%. The coin has a market cap of $19.3 million and a trading volume of $7.2 million daily. Out of a total quantity of 420.7 billion Hoppy coins, roughly 163.5 billion are now in circulation. The token’s weekly rise indicates strong market sentiment and growing investor confidence.
BEFE (BEFE)
Among the current meme coin rallies, BEFE stands out because of its 90.63% weekly growth in value, which puts it at $0.0001946. With a market cap of $18.1 million and a trading volume of $7.5 million per hour, BEFE has experienced remarkable growth.
Out of a total supply of 93.2 billion BEFE coins, around 36.6 billion are now in circulation. The consistent increase of BEFE shows that it has promise in the meme coin market, even though its gains aren’t as remarkable as other cryptocurrencies.
Wownero (WOW)
Wownero, currently priced at $0.1106, has performed admirably, increasing in value by 57.64% in the past seven days. The general trend of WOW is positive, even though its 24-hour performance is relatively modest. There were just 15,000 transactions for the coin in a single day, contributing to its $7.3 million market cap. Although Wownero’s rise has been more gradual than some, the continued interest from investors and the possibility of future profits are seen in the 142,000 WOW coins that are currently in circulation.
Also Read: Crypto prices after Bitcoin halving: What next?
MAGA (MAGA)
Though its value took a little hit yesterday, the Trump-inspired cryptocurrency MAGA (MAGA) has been making waves this week. The price of MAGA has increased by 48.43% in the past week, and it is now trading at $0.0002758.
There was $78.6 million worth of trade for the coin in the last 24 hours, contributing to its $107.6 million market cap. The 287.2 billion MAGA coins in circulation attest to MAGA’s resiliency and popularity in light of the present market circumstances.
Summary
Although the market is in turmoil, these meme currencies have shown promise for substantial profits. This week, the ever-changing and unpredictable cryptocurrency market has been rewarded with significant returns for Byte, Hoppy, BEFE, Wownero, and MAGA investors. Top Memecoins Profiting are notoriously volatile, so prospective investors should do their homework and proceed carefully, even though these returns are remarkable.
