Not all tokens in the memecoin market are in the red.
$BANANAS31 🍌🍌🍌✨✨✨
Although losses in the memecoin sector are widespread, there are some noteworthy exceptions. These are tokens that managed to swim against the selling tide and remain in positive territory. Not only do they show double-digit increases in 24 hours, but also in the last 7 days, no matter how surprising it may seem.
Among these coins is the USELESS token. With a particularly representative name, it remains above +10% in 24 hours and a remarkable +18% in a week. Meanwhile, the BANANAS31 coin shows even better figures: +15% and +38% in the same order.
TUT and SUGAR are other tokens that managed to stay strong amid the massive sell-off in recent hours. However, one should not fully trust these coins, considering that they occupy very low positions in the market capitalization ranking. This makes them prone to sharp and sudden changes that could result in considerable capital losses.
As can be seen, the memecoin market cannot currently be considered a reliable sector. However, if long-term investment plans are made, this could be an opportune moment to enter, given the low prices shown by most of the leading meme coins.