Crypto News- In the dynamic realm of cryptocurrencies, a surge in prices has been witnessed across many assets, aligning with the global market cap standing at $1.54 trillion as reported by CoinMarketCap. Amid this collective upward movement, certain tokens have managed to stand out, showcasing noteworthy performance in the market. Notable among them are Big Time (BIGTIME), Memecoin (MEME), Terra (LUNA), and PepeCoin (PEPE).
December 5 Crypto Report: Examining BIGTIME, MEME, LUNA, PEPE Price Movements
Big Time (BIGTIME):
BIGTIME emerges as the top performer among these altcoins, experiencing an impressive 41% surge in the last 24 hours, elevating its value to $0.7965 at the time of reporting. The token reached a peak price of $0.8985, marking a remarkable month with a surge exceeding 395%. This stellar performance is attributed to BIGTIME’s recent introduction to the South Korean market through the Bithumb exchange on November 30, enabling trading via the ERC-20 network.
Memecoin (MEME):
MEME captures attention with a 23.26% price surge within 24 hours, reaching a trading value of $0.03962. Notably, MEME achieved an all-time high of $0.04217 during this period, outperforming other meme coins in the market. In comparison, leading meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) experienced more modest gains at approximately 4% and 0.62%, respectively.
Terra (LUNA):
LUNA gains traction, possibly receiving support from traders and the community amid legal challenges faced by the U.S. Securities and Exchange Commission (SEC) in its case against Terraform Labs. LUNA’s price surged by over 11% in the past day, reaching $1.14, accompanied by a significant 73.60% increase in 24-hour trading volume, reaching $771,857,035. Legal developments and accusations against the SEC seem to contribute to LUNA’s positive momentum.
Pepe (PEPE):
PEPE, another meme coin, showcases notable performance, recording a 31.39% price jump over the past week and a 24% increase in the last month. In the most recent 24 hours, PEPE’s value rose to $0.000001415, reflecting a 15.18% price boost, sustaining the positive momentum of this meme coin.
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