🌎 Meme Coins Surge in Price | Global Crypto News

Cryptocurrency Market Update: Meme Coins See Significant Price Increases

GOUT Sees Over 70% Price Surge

The price of GOUT has surged over 70% in recent times, with the meme coin’s value increasing from a 24-hour low of $0.0003233 to as high as $0.0005573. This significant price increase is part of a larger trend, with GOUT seeing its price go up by over 140% in the last seven days.

Possible Factors Contributing to the Price Surge

Several factors could be contributing to the recent price surge of GOUT. The meme coin has released its independent research and development task platform, which could have bolstered the price. Additionally, GOUT was selected as the first project by the BNB Chain for their 33 BNB daily meme coin airdrop. The project has also been actively donating to charitable causes, including a recent donation to help stray dog families around the world.

Other Meme Coins Seeing Price Increases

Aside from GOUT, other meme coins are also seeing significant price increases. Stacks has risen as the second-top gainer out of the top 100 altcoins, with its price increasing from $2.17 to as high as $2.45 in the last 24 hours. Stacks has announced that they will unlock Stack’s BTC in the next week, where users can receive free Bitcoin rewards.

Another Solana-based meme coin, MAD, has been trending on CMC. The coin’s recent listing on the Phemex exchange and the Gate.io trading competition may be contributing to its increased visibility. While MAD hasn’t shown a major price change in the last 24 hours, it has risen close to 20% in the last seven days.

Cryptocurrency Market Trends

The surge in the value of these meme coins is happening as BTC reclaimed the $103,000 level and Ethereum inches closer to the $4,000 level. This trend may indicate a shift in the market, with investors showing increased interest in meme coins and other altcoins.