Dogecoin and Shiba Inu pioneered the meme coin market, and PEPE, the frog meme cryptocurrency, popularized it. But the higher they rise, the harder they fall. These tokens do not stick around in the trending list for long but manage to squeeze in enough money from investors to make themselves credible enough to prevent being called scams.
XRP price is aiming higher on the back of the broader market developments. At the same time, Ripple continues to receive support from its community along with the increasing institutional partnerships, hinting at a price recovery on the cards.
Tether’s (USDT) circulating market capitalization surged past $84 billion this week with the top stablecoin holding above the mark on Wednesday. The rise came following positive sentiments caused by the anticipation of a Bitcoin spot ETF. The last week also spurred volatility owing to a price rise followed by the liquidation of short positions in the derivatives market.
