The cryptocurrency market is witnessing a rise in interest toward meme coins despite recent price dips. APU and MELANIA continue to draw traders' attention, although their values have significantly decreased.
Market Status of Meme Coins
This week, meme coins Apu Apustaja (APU) and Official Melania Meme (MELANIA) experienced price declines of double digits. Despite this, their trading volumes have seen a significant increase, indicating ongoing trader interest in community engagement and niche narratives.
APU and Its Community Commitment
APU has lost 18.57% of its value over the past week, yet its community remains active in support, thanks to its commitment to transparency and authenticity. The rise in trading volume by 35.51% during the price drop signifies potential accumulation interest and a likelihood of a price recovery.
MELANIA Maintains Popularity
Official Melania Meme (MELANIA) has also garnered attention despite a 20.34% price decline. An increase in trading volume by 64.43% suggests a growing interest in memes tied to culture and community, thus keeping the project among the most notable meme coins on the market.
Despite price drops, the increase in trading volumes for APU and MELANIA indicates a high level of community engagement and potential for price recovery.