The world of digital currencies saw some significant shifts following the recent interest rate decision by the Federal Reserve. Bitcoin’s value took a dip from $69,900 to $68,000, causing a ripple effect in the altcoin market. Despite this, a few brave investors are going against the grain, showing confidence in two meme coins and a recently popular alternative currency.
What is the current price of PEPE Coin?
PEPE Coin, which has been making headlines in the past couple of weeks, experienced a notable drop after hitting all-time highs, falling over 10% in the last seven days. However, the latest price movements have brought relief to PEPE investors. The value of PEPE Coin rose by more than 1% in the past day, reaching $0.00001311. This could suggest that larger investors are holding onto their PEPE holdings for now. The market cap of PEPE Coin has climbed to $5.5 billion, with a 24-hour trading volume increase of 5.80%, reaching $1.4 billion, securing its position as the 9th most traded cryptocurrency.
The current situation of Not Coin
Not Coin made a strong entrance last month, launching as a Telegram bot on the TON network. It quickly caught the attention of major exchanges and was listed promptly. Although its price surged to $0.037 initially, it has since pulled back. Not Coin continues to trade well above its initial price of $0.000779, now sitting at $0.01813, following a 13.82% increase in the last 24 hours. Its market cap stands at $1.8 billion, with a 24-hour trading volume increase of 45%, reaching $1.2 billion.
What is the value of Shiba Coin in Turkish Lira?
Lastly, Shiba Coin, the second-largest meme coin after DOGE, is bucking the market trend. After a slight decline earlier in the week, SHIB seems to be bouncing back. The price of SHIB rose by 2.68% in the last day, reaching $0.00002221, much to the delight of investors. However, SHIB is still 75% below its all-time high. In Turkish Lira, SHIB is trading at 0.00072110 TL. Despite this, SHIB’s market cap remains above $13 billion, with a 24-hour trading volume increase of 4%, reaching $850 million.
For more updates, follow us on Telegram, Facebook, Twitter, and Coinmarketcap. Please note that the information in this article is not investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and should conduct their own research.
