{"id":1460,"date":"2024-03-07T16:43:10","date_gmt":"2024-03-07T13:43:10","guid":{"rendered":"https:\/\/coinmarketrate.com\/blog\/?p=1460"},"modified":"2024-03-07T16:43:10","modified_gmt":"2024-03-07T13:43:10","slug":"bitcoin-hits-all-time-high-as-memecoins-show-mixed-performance","status":"publish","type":"post","link":"https:\/\/coinmarketrate.com\/blog\/bitcoin-hits-all-time-high-as-memecoins-show-mixed-performance\/","title":{"rendered":"Bitcoin Hits All-Time High as Memecoins Show Mixed Performance"},"content":{"rendered":"<div class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\">\n<div class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\">Bitcoin\u00a0(BTC) reached an all-time high on March 5th. The rise in the crypto markets was then replaced by a downward momentum. So, what is the current situation with PEPE,\u00a0DOGE, and\u00a0<strong>SHIB<\/strong>?<\/div>\n<h2 class=\"sc-4984dd93-0 QHyRa\" data-sensors-click=\"true\">PEPE\u2019s Noteworthy Performance<\/h2>\n<div class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\"><strong>Dogecoin<\/strong>\u00a0and\u00a0Shiba\u00a0Inu experienced respective declines of 6.14% and 8.23% in the last 24 hours. However, PEPE only saw a 0.14% decrease, demonstrating significant strength. This has triggered speculation about PEPE\u2019s future performance compared to the dog-themed meme tokens. Experts believe that if PEPE repeats its recent performance, the token could outperform DOGE and SHIB in this cycle.<\/div>\n<div class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\">Over the last 30 days, Dogecoin\u2019s price has increased by 116.15%.\u00a0<strong>Shiba Inu<\/strong>\u00a0has risen by 321%, while PEPE\u2019s price has surged by an impressive 759% over the same period, outperforming both. According to on-chain data from Santiment, the weighted sentiment for Dogecoin and Shiba Inu has declined. This decline indicates that the broader market has not yet turned bullish on meme token prices.<\/div>\n<div class=\"sc-b0091426-0 ljZidC\" role=\"presentation\"><img decoding=\"async\" src=\"https:\/\/coin-turk.com\/wp-content\/uploads\/2024\/03\/santimnet.webp\" alt=\"\" \/><\/div>\n<h2 class=\"sc-4984dd93-0 QHyRa\" data-sensors-click=\"true\">Santiment Reports<\/h2>\n<p class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\">The situation was different for PEPE. At the time of writing, PEPE\u2019s weighted sentiment was on the rise, suggesting that traders are more confident in its price movement compared to the other two. Another important metric for the crypto asset is the number of holders. According to Santiment\u2019s data, the number of Shiba Inu holders decreased from 1.38 million to 1.37 million. This drop could indicate that some holders are liquidating their assets due to recent gains.<\/p>\n<p class=\"sc-4984dd93-0 sc-b0091426-9 gAJYTZ\" data-sensors-click=\"true\">For Dogecoin, the number was 6.55 million, showing an increase from March 2nd. This trend could suggest that market participants are optimistic about DOGE\u2019s future performance, leading many to decide against cashing out. However, while PEPE\u2019s holder count was lower, its growth rate in this metric was faster than both DOGE and SHIB.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u00a0(BTC) reached an all-time high on March 5th. The rise in the crypto markets was then replaced by a downward momentum. So, what is the current situation with PEPE,\u00a0DOGE, and\u00a0SHIB? PEPE\u2019s Noteworthy Performance Dogecoin\u00a0and\u00a0Shiba\u00a0Inu experienced respective declines of 6.14% and 8.23% in the last 24 hours. However, PEPE only saw a 0.14% decrease, demonstrating significant [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,111],"tags":[],"class_list":["post-1460","post","type-post","status-publish","format-standard","hentry","category-analytics","category-other"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Hits All-Time High as Memecoins Show Mixed Performance<\/title>\n<meta name=\"description\" content=\"Bitcoin\u00a0(BTC) reached an all-time high on March 5th. The rise in the crypto markets was then replaced by a downward momentum. 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