Amid the growing volatility of the cryptocurrency market, the meme coin sector is once again catching the attention of investors. Ethereum has shown impressive growth, giving a boost to several new projects.
Market Overview of Meme Coins
Ethereum (ETH) recorded a 50% rise in July, marking its highest performance since 2021. This has led to increased interest in meme coins, with Popcat and Neiro standing out amidst a broader bearish trend.
Popcat: Meme with Potential
Popcat continues to gain popularity despite recent fluctuations. With a current price of $0.3085 and a trading volume of $50.8 million, this Solana-based meme coin demonstrates robust trader interest. Although the price fell by 12.6% last week, Popcat remains 8009% above its all-time low.
Neiro: Unique Player on Ethereum
Neiro, currently priced at $0.000398, is also catching the eye of investors. With a trading volume of $60 million and a total supply of 420 billion tokens, this project is strengthening its position. Despite a 10.7% drop in recent weeks, high liquidity indicates interest from larger traders.
Based on current market data, Ethereum’s recent rise signals a possible return of a bullish trend. Meme coins like Popcat and Neiro are in the spotlight, but MoonBull distinguishes itself with its unique concept and strong branding.