Over the past 24 hours, from March 1 to March 2, 2024, the rate of some memcoins, including Dogecoin (DOGE) and Pepe (PEPE), increased from 18% to 50%. Experts have announced signs that the altseason is approaching.
Over the past 24 hours, Dogecoin (DOGE) has risen 18% from $0.11 to $0.14, according to TradingView. Judging by the graph, this is a continuation of the previous jump from the end of February 2024:
The price increase for Pepe (PEPE) is about 50%, from $0.0000027 to $0.0000046, according to TradingView. At the end of February 2024, the price of memcoin jumped by 153% in a week:
Shiba Inu (SHIB) is also up about 50%, from $0.0000125 to $0.0000211, according to TradingView:
The price of dogwifhat (WIF) increased by 35% in 24 hours and by 324% in a week, according to TradingView. At the time of writing, memcoin is trading at $1.26:
In their report, K33 Research experts noted that there are signs of an alt-season in the market. They compared the current trend with the situation in the sector at the end of 2020, when altcoins began to catch up with the rate of growth in the value of Bitcoin (BTC)
