The cryptocurrency market experienced a significant shift after the announcement of the FED interest rate decision. Bitcoin’s price saw a drop from $69,900 to $68,000, leading to a noticeable decline in altcoins. Despite this, there were some market participants who stood against the trend of BTC. Two meme coins and a recently popular altcoin showed movements contrary to the general market direction.
PEPE Coin Price:
PEPE, which had been the center of attention in the past two weeks, faced intense selling pressure after reaching its all-time highs, resulting in a drop of over 10% in the last 7 days. However, following today’s announcement, PEPE’s price movement brought relief to its investors amidst the overall market decline. The price of PEPE currently stands at $0.00001311 after a modest increase of over 1% in the last 24 hours. This slight rise suggests that whales might be taking a break from selling in the cryptocurrency that has been on a downward trend for days. PEPE’s market cap has now reached $5.5 billion, and its 24-hour trading volume has surged to $1.4 billion, making it the 9th most traded cryptocurrency.
Not Coin Latest Status:
Not Coin made a significant impact last month as it emerged as a Telegram bot on the TON network. It quickly caught the attention of major exchanges and received swift listings, causing its price to briefly spike to $0.037 before retracting. Not Coin’s current price is $0.01813 after a 13.82% increase in the last 24 hours, well above its initial launch price of $0.000779. The market cap of Not Coin now stands at $1.8 billion, with a 24-hour trading volume of $1.2 billion, marking a 45% increase.
Shiba Coin Price in TL:
Shiba Coin, positioned as the second-largest meme coin after DOGE in the cryptocurrency world, showed a movement contrary to the overall market. SHIB seems to have recovered from its earlier decline this week, trading at $0.00002221 after a 2.68% increase in the last 24 hours, which was positively received by investors. However, SHIB is still 75% away from its all-time high. In terms of TRY, SHIB is currently trading at 0.00072110 TL. SHIB’s market cap remains above $13 billion, with a 24-hour trading volume of $850 million, showing a 4% increase.
Please note that the information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and should conduct their own research. Follow our news on Telegram, Facebook, Twitter, and Coinmarketcap for updates.
