FOMO

Pepe

<ul class="wp-block-list">
 <li><strong>Dogecoin leads with a $66.18B market cap and growing trading volume.</strong></li>
 <li><strong>Large wallets drive market moves, but retail FOMO may lead to retracements.</strong></li>
</ul>
<p>Memecoins are quietly <a href="https://x.com/santimentfeed/status/1865621956399153273" target="_blank" rel="noopener noreferrer nofollow">experiencing</a> mini-breakouts this weekend. Dogecoin, Pepe, Bonk, and Dogwifhat have shown notable market activity. Large wallets continue to drive these pumps, but market retail investors’ FOMO may soon take over. Once retail crowds buy-in, large wallets often sell, leading to price retracements.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="469" src="https://thenewscrypto.com/wp-content/uploads/2024/12/Screenshot-2024-12-08-145556-1024x469.png" alt="" class="wp-image-117089" srcset="https://thenewscrypto.com/wp-content/uploads/2024/12/Screenshot-2024-12-08-145556-1024x469.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/12/Screenshot-2024-12-08-145556-300x137.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/12/Screenshot-2024-12-08-145556-768x351.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/12/Screenshot-2024-12-08-145556.png 1508w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
</figure>
<h3 class="wp-block-heading" id="h-dogecoin-doge">Dogecoin (DOGE)</h3>
<p>Dogecoin remains the leader among meme coins. It holds the #7 rank with a market cap of $66.18 billion. The <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">current </a>price is $0.4823, showing a 1.17% daily increase. Trading volume surged 38.15% in the last 24 hours to $9.68 billion. Dogecoin’s fully diluted valuation (FDV) stands at $66.81 billion, with a supply of 147.11 billion coins. The trading activity reflects strong interest but hints at potential price adjustments.</p>
<h3 class="wp-block-heading" id="h-pepe-pepe">Pepe (PEPE)</h3>
<p>Pepe is gaining significant momentum. Its market cap reached $10.27 billion after a 10.68% daily increase. The price climbed to $0.0000264, while trading volume spiked by 156.05% to $7.77 billion. Pepe’s FDV matches its market cap, with a total supply of 420.69 trillion tokens. This activity shows rising retail interest, but speculative behavior dominates the market.</p>
<h3 class="wp-block-heading" id="h-bonk-bonk">Bonk (BONK)</h3>
<p>Bonk, at #51, <a href="https://thenewscrypto.com/how-this-solana-dex-token-surged-100-during-uptober/" target="_blank" rel="noopener noreferrer nofollow">surged</a> to $0.00004853 recently. Its market cap is $3.38 billion, growing 0.39% in the past day. Trading volume increased by 103.03%, reaching $988.12 million. The FDV stands at $4.15 billion, with a total supply of 92.68 trillion coins. The circulating supply is 75.55 trillion, indicating high market liquidity. Bonk’s steady growth suggests potential for sustained interest.</p>
<h3 class="wp-block-heading" id="h-dogwifhat-wif">Dogwifhat (WIF)</h3>
<p>Dogwifhat ranked #46, saw its price reach $4.00 after a 3.16% daily gain. Its market cap is $3.67 billion, supported by a trading volume of $1.21 billion, up 52.12% in 24 hours. The total supply is 998.84 million coins. Although its FDV equals its market cap, the trading activity reflects growing speculative interest.</p>
<p>Memecoins are <a href="https://t.co/RjU9uP7tvr" target="_blank" rel="noopener noreferrer nofollow">riding</a> a wave of speculative growth, fueled by large wallets. Retail FOMO could drive further volatility. However, these trends often lead to sharp retracements. Investors should track trading volumes, market caps, and crowd behavior to understand future price movements.</p>
<p><strong>Highlighted Crypto News Today<br></strong><a href="https://thenewscrypto.com/dogecoin-doge-price-rally-strengthens-with-10-surge/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Price Rally Strengthens with 10% Surge</a></p>

Bitcoin’s Recent Surge Drives Memecoins Breakouts

Table of Contents

TheNewsCrypto

Other articles published on Dec 8, 2024

Michael Saylor claims the US should replace gold with Bitcoin

Dogecoin Developer Woos Solana’s Phantom Wallet To Integrate DOGE

PLEXUS Joins Forces with Owlto Finance to Offer Seamless Cross-Chain Token Swaps

Expert Outlines Key XRP Entry Points, Predicts $6 to $8 Price Range

Michael Saylor Says The United States Should Buy Bitcoin And Sell Gold

Memecoins Soar: Market Cap Hits Record High Amid ‘Mini Breakouts’

Join our free newsletter for daily crypto updates!