Shiba Inu and Sponge Rally as Meme Coins Rebound
Shiba Inu and Sponge are among the meme coins that have seen a significant rebound in their prices in the past 24 hours. This comes after a period of decline for meme coins, which saw their prices drop significantly in recent weeks.
Shiba Inu, the popular dog-themed cryptocurrency, saw its price surge by over 20% in the past day, reaching a high of $0.00000846. Similarly, Sponge, another meme coin, saw its price jump by over 30% in the same period.
The rebound in meme coin prices comes amid a broader recovery in the cryptocurrency market, with Bitcoin and Ethereum also seeing gains in the past day. This has led to renewed interest in meme coins, which had fallen out of favor with investors in recent weeks.
It remains to be seen whether the rally in meme coin prices will continue, or if this is just a temporary blip. However, for now, Shiba Inu and Sponge holders have reason to celebrate as their investments see a welcome boost in value.
09 січня 2024
