The cryptocurrency market has surged slightly in the last 24 hours, with meme coins at the forefront of significant price increases.

Meme Coin Success

In the past 24 hours, several meme coins have shown substantial value increases. Neiro (NEIRO), for instance, rose by 50% to a new all-time high. Its market cap exceeded $600 million, making it the 10th largest meme coin. Other notable gainers include dogwifhat (WIF) and Bonk Inu (BONK), with increases of 20% and 12% respectively. Cat-themed tokens like Popcat (POPCAT) and Mog Coin (MOG) also joined the rally with increases of 20% and 17%.

Current Dogecoin Situation

Dogecoin (DOGE), one of the leading meme coins, is also entering the green zone, recording a 5% increase. Some market observers predict further rally potential. X user Ali Martinez noted DOGE's price pattern suggests a 200% spike, 60% retracement, and then a bull run. Another analyst, Mikybull Crypto, expects DOGE could surge to $1.

Shiba Inu Prospects

Shiba Inu (SHIB), the second-largest meme coin, saw a 7% price increase in the last 24 hours. Its market capitalization has approached $11 billion. At the end of September, SHIB was among the top performers in the crypto sector. An important factor indicating potential correction is the Relative Strength Index (RSI), currently around 60, warning of possible overbought conditions.

As Bitcoin continues its trend upwards, meme coins are making a comeback. It will be interesting to see how the market develops and whether new records will be set.