Meme Coins Vs Bitcoin: Doge Remains Calm Amid Middle East Ceasefire as BTC Demand Slowly Increases

While Doge and many meme coins on multichain are slightly down today as they pause buying, BTC remains strong as demand grows. As Bitcoin continues to show strength, several meme coins have seen a slight decline in buzz, including Doge , which has traded relatively calmly over the last three days. BTC is gathering liquidity for a major move, though volume is likely to flow back into top meme coins if the price consolidates. Other flagship crypto assets, like BCH and ETH, posted a minor increase today, while Dog currently sees the most gain among the top 20 meme coins, as Fartcoin and Popcat shed major losses in the last 24 hours. Solana-Based Meme Are Still Popping Out Gains For Bitcoin, which still remains strong on the intraday trading, tokens on the Solana network are still trying to stay afloat amid the current daily price shakeout, especially the newly launched ones on the Dex, which are now popping insane gains like Mori, Joboy and Farthouse. While Sui network floods with undervalued meme coins are capped under $120 million, yet to get investors’ attention for a long-term gain due to low hype and weak community base, Brett -7%, Toshi -7% and Degen -12% are currently down as they lead meme coins chart on Base. Aside from Ethereum and BSC-based assets, some Artificial Intelligence tokens on Virtuals are also not left behind in the latest reductions as they have recorded major losses since yesterday. Alpha Tokens on CEXs Defy The Odds Since Bitcoin’s price bounced back last weekend, assets on the Alpha sector have gained more trading attention than any other for a couple of days. In fact, they currently defy the latest market odds as several meme coins see a sizeable volume outflow in the past hours. In contrast to the recent drops in meme coin prices, many Alpha tokens trading on CEXs have remained in the spotlight as Bitcoin sustains momentum. If the primary cryptocurrency continues to show strength, tokens in this sector may gain more traction as the market demand increases daily. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Source: NullTx