December 2nd, 2025
Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.
Solana-based meme coin POPCAT has outperformed the broader meme coin market, achieving a new all-time high of $1.66 after a 12% surge in 24 hours.
The crypto market has remained calm, with the fourth quarter expected to yield bullish sentiments that will extend into 2025.
Strong on-chain activity and whale transactions have led to a major Shiba Inu price surge with other altcoins such as PEPE, BONK, and FLOKI joining the party.
Despite a general downturn in the market, the introduction of Agent Shiboshi for iPhone users has captured investor attention, positively impacting the market.
The dump of the Neiro token by Vitalik Buterin shows the influence and impact high-profile figures can have on these meme assets.
The Shiba Inu meme coin has dropped after facing major resistance through a confluence of factors while breaking down under major support zones.
PEPE saw a surge of 24% in the past 24 hours. Currently, the token boasts a market cap of $4.9 billion.
Following the announcement, the affected cryptocurrencies have all shown varying degrees of volatilities.
The rapid rise of meme coins can be attributed to their viral nature and the strong communities behind them.
By announcing ahead of time, Binance hopes that it has given users the needed opportunity to adjust their positions and trading strategies accordingly.
DWF Labs has a proven track record of supporting innovative projects in the Web3 space. The market maker can provide financial support and a partner network of over 700 projects.
Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.
Coinbase announced similar listings in May, which included Bonk, FLOKI, and Shiba Inu perpetual futures on the leading crypto exchange.
The surge in Beercoin’s value coincides with the culmination of a major token burning event, scheduled to end today, June 10, at 1 PM UTC.