Table content
# Pepe the Frog (PEPE) Sticks Out as the Lone Meme Coin Showing a Deficit
Notwithstanding a minor reduction in the previous 24 hours, Pepe the Frog (PEPE) is still one of the best-performing meme coins this week. Ethereum encounters opposition at fundamental tiers amidst sustained ETF disposals
In an otherwise unremarkable day for the crypto market, some meme coins have been able to stand out. Pepe the Frog (PEPE), recognized as the original frog-themed coin and a prominent community-led cryptocurrency, has seen the most considerable increases this week, even with a slight regression in the last 24 hours.
## Meme Coin Market: Pepe (PEPE) Defies the Pattern
Over the past day, Pepe the Frog (PEPE), a top-five meme coin and a favored option across numerous blockchains, saw a price drop from $0.00000730 to $0.000007. This makes it the single meme coin in the top 100 cryptocurrencies to display a deficit on the daily charts.
However, the weekly showing paints a different picture. Pepe the Frog (PEPE) has risen by over 6% in the last week. This notable growth ranks it as the seventh-fastest-growing altcoin among the top 100, surpassing all its competitors in the meme coin space.
Within the meme coin group, only Solana (SOL) and PolitFi meme coins have accomplished double-digit growth in the last 24 hours. Conversely, dog and cat-inspired meme coins by Elon Musk have seen only slight increases.
Floki (FLOKI) and Dogwifhat (WIF) meme coins have also undergone increases of 1.2%-1.5%, respectively.
Today’s market standard has decreased by 0.2%, while Bitcoin (BTC), the biggest cryptocurrency, has risen by 0.9%. Ethereum (ETH) has also noticed a price increase of 1.2%, despite a reduction in trading volume.
In the prior 24 hours, $163 million worth of cryptocurrency positions have been sold off, with over 66% of these liquidations influencing short positions opened by crypto bears.
## Dogecoin (DOGE) Drops 10% in One Week, Provoking Bearish Outlook
Dogecoin (DOGE) is again in the spotlight for meme coin followers because of its nearly 10% weekly loss. As reported by U.Today.
The leading meme cryptocurrency, Dogecoin, is encountering challenging circumstances as a bearish crossover materialized earlier in the week.
Numerous indications imply that conditions may deteriorate for Dogecoin (DOGE) enthusiasts. It has declined beneath $0.15, eliminating all profits accumulated since mid-October 2024.
Dogecoin (DOGE) has already been outstripped by Cardano (ADA) to become the seventh-largest altcoin based on market capitalization. It might potentially be outdone by Tron (TRX), thereby forfeiting another position within the top ten.
* Meme Cryptocurrency Robustness: Pepe (PEPE) defied the pattern
* Dogecoin (DOGE) depreciated by 10% over seven days, negativity dominates