Meme Coins Rally as Bitcoin Holds Steady Above $36K

This week saw meme coins like Dogecoin">Dogecoin (DOGE) and Shiba+Inu">Shiba Inu (SHIB) post gains, while Bitcoin (BTC) traded sideways above $36,000 after hitting an 18-month high last week.

DOGE rose on no real news catalyst, showing the enduring power of meme coins. SHIB gained after boxer Manny Pacquiao said he would use its Shibarium blockchain.

BTC held steady despite the SEC delaying more spot Bitcoin ETF decisions, which slightly dampened sentiment. But robust support above $36k remains.

Solana (SOL) cooled from its recent rally after repeatedly hitting highs this week. Meanwhile, Avalanche (AVAX) surged nearly 50% after JPMorgan utilized its blockchain for tokenizing portfolios.

Overall, familiar crypto names led the pack this week as Bitcoin consolidation persists near recent highs. But meme coin strength shows speculative appetites remain.

#Bitcoin #Crypto #MemeCoins #Avalanche

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