The Shiba Inu price has cooled down somewhat after a significant upward move earlier this morning, now standing at a 2.19% gain over the past 24 hours. Significantly, metrics reveal that this was primarily driven by whales.
Over the past 24 hours, the Dogecoin price has remained consistent in its bout, adding 1.73% and contributing to the 2.60% growth across the meme coin sector. This resilience may be setting the stage for a more pronounced upward movement as bullish indicators start to emerge.
The Bonk price has seen a deeper retracement today, down 3.57%, contributing to the 3.04% average decline among meme coins. However, indicators point towards building bullish momentum and a potential breakout.
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