The cryptocurrency market is currently showing signs of intense volatility. The changing geopolitical scenario is adding more pressure to the domain, weighing on coins to undergo price slips all while changing their future momentum. Despite the cracking pressure, several memecoins are surprising the market as of late, some of them showing signs of great recovery and surge dynamics.

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Memecoins: Which Ones Are Tanking As of Late?

The cryptocurrency market is currently showing signs of a bearish momentum. With Bitcoin struggling to hit past $70K, the markets are currently in shedding mode, weeding out short-term investors. In the middle of this, several crypto meme coins have ended up surprising the markets as of late. Per the latest data shared by CoinMarketCap on X, the total meme coin market has risen by 5% WoW, adding more than $1.5B to the existing $31.24 market cap.

“Memes outperformed the chop. Total meme coin market cap rose roughly 5% WoW, adding more than $1.5B to reach about $31.24B, per CoinMarketCap.”

Moreover, coins like Trump and Dogecoin continue to extend losses despite being a major part of the ongoing crypto market discussion. The upcoming Trump tokenholder gala on April 25 is also under works, a development that should have helped the asset claim better price clarity for now.

“Large caps were mixed. MemeCore gained more than 6%, while $DOGE and $TRUMP fell about 1.5% and 6.5%, respectively. $TRUMP slipped even with the US president’s April 25 tokenholder gala still in focus.”

The Ones That Defied the Current Market Momentum

Per CMC, coins like Siren have shocked the markets as of late. The BNB Chain AI agent token rose nearly 104% WoW, hitting a $1.7B market cap briefly.

“⚡ $SIREN stole the show. The BNB Chain AI agent token surged nearly 140% WoW. It briefly hit a $1.7B market cap on Tuesday, then retraced hard before rebounding above $1.4B.”

https://x.com/i/status/2037243269655257431

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