Three Meme Coins Worth Buying Amid Market Recovery

JAKARTA - Crypto assets have again shown signs of recovery after experiencing a significant decline last week. Altcoin and the top meme coin began recording light upward movements. The crypto market slumped as Bitcoin fell below 70,000 US Dollars (around Rp1.14 billion), even down to US$65,000 (around Rp1.06 billion). With billions of dollars liquidated, crypto assets fell sharply affecting decentralized financial figures (DeFi) and institutional inflows.

However, today's rebound gave a positive signal across the market with meme coins increasing by 100 times which pushed market capitalization back to its previous level. In the midst of the inflow of assets that recorded an increase, here are the meme coins worth buying by the Coingape version.

Grok1.5

Grok1.5 rose 100.3% today, signaling changes in trade sentiment. This daily increase increases the inflow in the long term. Weekly inflows rose 57.7% while the monthly figure was at 68.3%. Grok1.5 is trading at a price of 0.0.0008 US Dollars (approximately Rp0.013) with a 24-hour trading volume of more than US$75.000 (approximately Rp1.2 billion).

Grok1.5 is one of the meme coins worth buying thanks to the surge in AI coins. In the last 24 hours, AI coins have soared after Nvidia became the company with the largest market capitalization.

Basenji (BENJI)

Basenji is trading at a price of 0.07332 US Dollars (approximately Rp1,199) and up 78% today, removing short-term negative sentiment. Weekly figures are still in the red zone down 21% while the monthly figure is up significantly by 323%. According to data from CoinGecko, this asset market capitalization is at 73.3 million US Dollars (approximately Rp1.1 trillion) while the daily volume ranges around 5.6 million US Dollars (approximately Rp91.6 billion).

Billy

Billy's price recorded an increase of up to 50 times today with a 58% increase after intraday's revenue. The asset is trading at a price of 0.04881 US Dollars (approximately IDR 798.53) as the new meme coin continues to attract bullish investors. In the last 24 hours, trading volume has reached 45 million US Dollars (approximately IDR 736 billion) indicating the presence of bullish around these assets. Market observers are also showing a future bullish trend in the midst of cryptocurrencies that are the issue of elections in the United States as a positive driver.

The crypto market shows resilience amid volatility with meme coins like Grok1.5, Basenji, and Billy providing opportunities for investors to profit amid market recovery.