The digital currency market underwent notable fluctuations following the FED’s interest rate decision. Bitcoin saw a decrease in price from $69,900 to $68,000, leading to a drop in alternative coins. Despite this, some market participants stood up to challenge BTC. Two meme coins and a recently popular alternative coin are bucking the trend in the market.
What is the Current Value of PEPE Coin?
PEPE, which garnered attention in the past couple of weeks, experienced a substantial sell-off after hitting its all-time highs and falling over 10% in the previous seven days. However, the price movements of PEPE following today’s decision brought satisfaction to its investors. Visit COINTURK FINANCE for the latest financial and business updates.
Over the last 24 hours, PEPE’s price rose by more than 1%, reaching $0.00001311. This could suggest that large investors are taking a break from selling the digital currency.
PEPE’s market capitalization climbed to $5.5 billion, with a 5.80% increase in 24-hour trading volume, reaching $1.4 billion, positioning it as the 9th most traded cryptocurrency.
Current State of Not Coin
Not Coin made a significant splash last month. Debuting as a Telegram bot on the TON network, NOT attracted the attention of major exchanges and was swiftly listed. Its price surged to $0.037 but then quickly pulled back.
NOT continues to trade well above its initial price of $0.000779. Presently, NOT’s price stands at $0.01813, following a 13.82% uptick in the last 24 hours.
Furthermore, its market capitalization sits at $1.8 billion, with a 45% increase in 24-hour trading volume, reaching $1.2 billion.
What is the Value of Shiba Coin in Turkish Lira?
Lastly, SHIB, the second-largest meme coin after DOGE, is defying the market trend. SHIB appears to have bounced back from its decline earlier in the week.
In the past 24 hours, SHIB’s price rose by 2.68%, reaching $0.00002221, which was positively received by investors. Nonetheless, SHIB remains 75% below its all-time high. In Turkish Lira, SHIB is trading at 0.00072110 TL.
Meanwhile, SHIB’s market capitalization remains above $13 billion, with a 4% increase in 24-hour trading volume, reaching $850 million.
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Disclaimer: The information presented in this article is not to be construed as investment advice. Investors should be mindful of the high volatility and risk associated with cryptocurrencies and should conduct their own due diligence.
