🚀 Meme Coin Mania Returns: Pepe Surges 11%, Snorter Secures $1.5M in Crypto’s Wild Rally
Meme coins are back with a vengeance as the crypto market shakes off its bearish hangover. Pepe leads the charge with an 11% pump, while newcomer Snorter just banked $1.5M in fresh funding—proving once again that in crypto, dogs (and frogs) still eat first.
Wall Street analysts weep into their spreadsheets as speculative capital floods back into digital assets. 'Fundamentals? We don't know her,' says the market, as trading volumes spike across decentralized exchanges.
Will this rally have legs, or is it just another dead cat bounce? Either way, the degens are winning today—and that's all that matters in the casino we call crypto.
Why Are Meme Coins Rising This Week?
The entire meme coin sector is currently in the green.
Dogecoin has risen 8% since yesterday, shiba inu has climbed 6%, and then there’s Bonk, which has posted a 21% gain.
These bullish moves largely stem from a slight dip in Bitcoin’s dominance.
Think of Bitcoin dominance as Bitcoin’s slice of the crypto market.
That number has ticked down slightly to around 65%, and when it dips, it’s a signal for investors to get more adventurous.
They start moving money out of bitcoin and into smaller coins that could produce better returns.
Meme coins are almost always first in line to capitalize on that trend.
You can see this happening in the data already – spot trading volume for meme coins has shot up 64%, and the total value of the meme coin market just blew past $57 billion.
These are the kinds of early signs that traders look for.
PEPE Price Surges on Bullish Technical Factors
One of the top performers during this latest meme coin rally is Pepe.
Pepe is currently trading around $0.0000106, which is an 11% jump from where it was yesterday.
But the numbers behind this price surge are the real story here.
Spot trading volumes have exploded to $1.1 billion, making PEPE the second most-traded meme coin globally, just behind Dogecoin.
On top of that, open interest is up 12% – a clear sign that new money is flowing in and making bets that PEPE will keep going higher.
The rally really got going thanks to a big technical shift.
Yesterday, Pepe’s price finally punched through the key resistance level of $0.000010.
This breakout triggered a wave of automated buys and forced anyone betting against the coin to fold.
Now that it’s cleared $0.000010, traders are eyeing the next line of resistance around $0.0000114.
And if Pepe can clear that, who knows how high the frog coin can go.
New Meme Coin Snorter Hits $1.5M in Presale as Retail Trader Demand Rockets
With all this activity, some smaller meme coins are getting a TON of attention.
One that traders can’t stop talking about right now is Snorter, which has already raised over $1.5 million during its presale.
So, why is Snorter experiencing such high early demand?
It’s because of the project’s smart trading bot built for solana that you can use right inside the Telegram app.
This bot is designed to give traders a real edge, helping them find and snipe new tokens before everyone else does.
It even comes loaded with AI tools for tasks like copy trading and detecting potential scams.
And the developers are giving traders some pretty good reasons to get in early.
For example, they’re offering a massive staking APY that currently sits at 234% per year.
Plus, the SNORT price right now is just $0.0969, but it’s set to climb with each new stage of the presale.
They’ve also made it easy to get in – you can use crypto or just a bank card.
Snorter has already made it onto CoinSniper and ICOBench’s rankings, and has even been featured in several top-tier crypto media outlets.
So, while Pepe might be grabbing headlines with its rally, projects like Snorter could have even higher upside.
Visit Snorter Presale
