In the current cryptocurrency market scenario, Bitcoin bulls are experiencing difficulty sustaining a rally above the $93,000 mark, indicating a consolidation phase.
Amidst this backdrop, prominent memecoins such as Dogecoin and Shiba Inu are showcasing a positive performance by accumulating strength and trading volume, reflecting investor interest and potential future gains.
Other memes that have gained significant popularity recently, such as PEPE, BONK, and WIF, are also maintaining momentum in these market conditions.