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Crypto Prices Today: BIGTIME, MEME, LUNA, PEPE In The Spotlight

Published 05/12/2023, 11:49
Updated 05/12/2023, 12:15
Crypto Prices Today: BIGTIME, MEME, LUNA, PEPE In The Spotlight
ETH/USD
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Coin Edition -

  • BIGTIME, MEME, LUNA, and PEPE are all trending after their prices surged in the past 24 hours.
  • BIGTIME was the largest gainer after its price jumped 41% in the past day alone.
  • LUNA is receiving support as the SEC finds itself in hot water in its case against Terraform Labs.

Many cryptocurrencies saw their prices rise over the past day along with the global market cap, which stood at $1.54 trillion at press time, according to CoinMarketCap. However, there were still a few tokens, such as Big Time (BIGTIME), Memecoin (MEME), Terra (LUNA), and PepeCoin (PEPE), that stood out from the rest of the market.

Big Time (BIGTIME)

Among these altcoins, BIGTIME was the largest gainer after its price surged by over 41% in just the past 24 hours of trading. This meant that the cryptocurrency was worth about $0.7965 at press time after it was able to set a high price of $0.8985. BIGTIME also recorded an extremely successful month, as its price climbed by more than 395% in the past thirty days.

BIGTIME / USDT 1D (Source: TradingView)

BIGTIME’s latest successes could likely be attributed to the fact that the token was recently introduced to the South Korean market via the local cryptocurrency exchange Bithumb. Users of the exchange were able to start trading BIGTIME on November 30 through the supported ERC-20 network.

Memecoin (MEME)

MEME was another token that turned a few heads after its price jumped 23.26% in 24 hours, bringing its trading value up to $0.03962. The meme coin also reached a high of $0.04217 throughout the past day, which was an all-time high price for the token.

This massive increase in the price of MEME is especially significant as the altcoin was able to completely outperform some of the other meme coins in the market. Dogecoin (DOGE), the largest meme token by market cap, only saw its price climb by about 4% yesterday, while Shiba Inu’s (SHIB) price only rose by 0.62%.

MEME / Tether US 1D (Source: TradingView)

Terra (LUNA)

LUNA might be receiving support from traders and the community as the U.S. Securities and Exchange Commission (SEC) finds itself in troubled waters in its legal proceedings against Terraform Labs. During trial preparations, Judge Rakoff was told about a separate case in Utah where the SEC is being accused of various rule violations.

The SEC was also accused of deceptive behavior in the Utah case. Terraform Labs’ legal team appears to be using this to their advantage, aiming to undermine the SEC’s credibility completely.

LUNA / Tether US 1D (Source: TradingView)

At press time, CoinMarketCap data indicated that LUNA was trading hands at $1.14 after its price rose by over 11% in the past day. LUNA’s 24-hour trading volume also increased by 73.60%, which caused it to climb to $771,857,035.

Pepe (PEPE)

PEPE / Tether US 1D (Source: TradingView)

Lastly, PEPE was another meme coin that performed well lately. The token’s price was able to jump by 31.39% over the past week, while also recording more than a 24% increase in its price over the past month. The meme coin’s positive momentum continued in the past 24 hours, as its value rose to $0.000001415 following a 15.18% price boost.

The post Crypto Prices Today: BIGTIME, MEME, LUNA, PEPE In The Spotlight appeared first on Coin Edition.

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