The cryptocurrency market seems to have received a surge of vitality since the interest rate cut. Bitcoin exceeded US$66,000, hitting a new high in the past two months. Various meme coins have also been shining brightly recently, including Internet celebrity animals and Musk’s The Mars concept, new token standards, etc. have become the focus of market speculation.
Hippo$MooDeng’s market value exceeds US$300 million
Among them, the most eye-catching meme coin is the Thai pygmy hippopotamus "bouncing pig" $MooDeng, which has risen by more than 70% in the past 24 hours to US$0.3249, with a market value exceeding US$300 million, making it the 215th largest currency on the CoinGecko platform.
The same concept of speculation is the "world's fattest" baby penguin $PESTO. The currency price has increased by 37% in the past 6 hours, and its market value is approaching US$20 million.
Mars City $TERMINUS rose nearly 350 times in a single week
Musk’s Mars concept meme coin is also experiencing crazy speculation as $TERMINUS, the “first city on Mars”, continues to rise. Although its rise has paused, the price is now at $0.2796, up 5.44% in the past 24 hours. Compared with the low a week ago, the increase is still as high as 348.75 times.
Related tokens include: lowercase $Terminus, the first starship to fly to Mars $THOG, and Mars $MARS, which were also hyped currencies.
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$INCEPT creates a thousand times the myth
In addition, $Incept, issued with the ERC-4D proposal, combines the two standards of ERC-20 and ERC-6551, introducing the concept of "multi-dimensional tokens" to the market, which once became the focus of the market, and created on the 26th The myth of a thousand times wealth.
However, it has fallen sharply from its high point. The currency price is now quoted at US$189, a drop of more than 57% in the past 24 hours, leaving a market value of only US$1.8 million.
As the market picks up, opportunities seem to be increasing, but risk control cannot be ignored. Readers are hereby reminded that meme coins are highly volatile and investors should carefully assess the risks before acting.