- DOGE, SHIB, PEPE, and Fartcoin posted strong gains on April 30 amid renewed social media buzz and bullish crypto sentiment.
- PEPE surged 4.1% with $520M volume, while DOGE jumped over 5%, fueled by Elon Musk’s tweets and high trading activity.
- Fartcoin, based on Solana, experienced a nearly 300% increase this month, becoming a speculative favorite despite a modest daily gain of 2.5%.
On April 30, several memecoin markets surged up with big gains on the 24-hour time scale. Overall meme coin sector picked up momentum, riding new interest from investors, social media noise, and bullishness about broader crypto markets.
Well-established names lead the rally, as well as the new stars. Dogecoin (DOGE) gained close to 5% for the day as it traded for around $0.17 on high volumes. Shiba Inu (SHIB) then watched its price increase by approximately 4.6% trading around $0.00001306. Simultaneously, PEPE and Fartcoin, two newcomers of recent, both posted considerable gains and drew a solid flow of trade. Traders coming into a risk-on mood would be those that look for high upside assets that are, analysts say, bundled within this movement.
Pepe (PEPE)
The sharp move upward for the token under the curve, Pepe Coin, is back in the spotlight. PEPE had a price of $0.000008656 at the time of writing a 4.1 % increase over the past 24 hours, of $520 million trading volume. This marks a continuation of several weeks of upward price action and bullish technical signals.
PEPE is said to be formatting a similar chart setup to the one that preceded the all time high of last year. A lot of traders are in profit after they entered only during the recent dip and when they believe the current momentum holds, many believe PEPE can break out even further. PEPE looks like one with strong volume and huge investor interest and that’s a once-in-a-blue-moon combination.
Dogecoin (DOGE)
The original memecoin remains dominant to this day. Despite the rise, it is still less than 0.55% of the larger currency, Bitcoin. At the time of writing, Dogecoin traded at around $0.1699 and has a trading volume that is almost ten times the country’s annual budget! If social media engagement is added to the equation, Elon Musk’s tweets are part of the reason for the rally.
It is a regular favorite among traders because of Dogecoin’s popularity and recognition. According to technical analysts, it is in an upward trend, yet is still undervalued compared to previous highs. DOGE’s consistent liquidity, coupled with the fact that investors who have entered in the last month are enjoying returns, is a plus.
Shiba Inu (SHIB)
Additionally, Shiba Inu also experienced large movement, increasing 4.6% during 24 hours to $0.00001306 a bit. Although Bitcoin’s rally is still ongoing, the token has fared very well with the asset, pushing up about 8% over the last week.
Shiba Inu is now having multiple weeks of positive performance, and crypto analysts say if the current trend continues, it may clear key resistances. Higher than SHIB, the memecoin is supported by a large and fairly active community that is crucial to Shib’s price action and for any upside that the meme token may be endowed.
Fartcoin (FART)
Fartcoin, a Solana-based meme coin, that has been making a surprise entry into the top movers, is a treat that has made headlines this month with its major rise. As of April 30, FART traded close to $1.13, up 2.5% in 24 hours and a daily volume of around $231 million.
While the daily gain appears modest, Fartcoin has surged nearly 300% over the past month, outperforming many leading assets. Market commentators say it reflects a renewed appetite for speculative plays and viral assets. Early adopters have enjoyed massive gains, and some traders now see Fartcoin as a potential barometer for sentiment in riskier crypto sectors.
