Frog meme coins surge 81% amid Bitcoin pullback
Meme coin prices fluctuate heavily with low trading volumes, exemplified by Marv's 23.8% growth on $62,000 daily volume.
Key Takeaways
- Frog-themed meme coins grew 7.3% on average while Bitcoin fell 4.2%.
- Pepe (TRUMP) led the surge with an 80.9% daily gain despite weekly losses.
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Frog-themed meme coins took the lead as the crypto sector with the most significant growth over the last 24 hours, leaping 7.3% on average. As Bitcoin (BTC) tumbles 4.2%, Binance Smart Chain-based Pepe (TRUMP) soars 80.9% on the daily timeframe.
Despite the leap in the past 24 hours, TRUMP is still down nearly 100% weekly. Skull of Pepe Token (SKOP) is in a similar position, as it jumped 32.3% daily but it is still down by 10.4% in the weekly period.
Purple Pepe (PURPE) is also among the frog-themed meme coins with a negative weekly performance despite a daily leap. PURPE grew 20.5% between July 29th and 30th, but it is still down 17.3% on the week.
On the other hand, Marv (MARV) managed to grow 23.8% during the market correction, adding to its 64% positive movement over the past week. However, its daily trading volume amounts to slightly over $62,000, which highlights how meme coin prices can fluctuate heavily with relatively small trading activity.
Additionally, the same can be witnessed with the Base-deployed token Young Peezy AKA Pepe (PEEZY) and its 15.5% daily growth, despite showing less than $23,000 in trading volume.
Pink Hood Froglicker (FROGLIC) closes the pack of frog-themed meme coins jumping two digits in the last 24 hours, with a 13% gain contrasting with its negative 50.1% weekly performance.
Notably, PeiPei (PEIPEI) had the smallest gains of the Top 10 frog-themed meme coins even though it registered the largest daily trading volume, inching closer to $12 million. At the time of writing, PEIPEI is up 0.9%, despite soaring 5.7% in just one hour.
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