06/26 Market overview: Memecoins gains amidst broader market slump

The market has been experiencing minor fluctuations recently, with major tokens looking sluggish. Memecoins however have become the best performing sector in 2024 so far, with the highest average return reaching 2405.1%.

Following yesterday’s decline, major tokens has shown signs of recovery. BTC is now at $62,288.65, up 3.1% in 24h. ETH meanwhile is at $3,420.72, up 2.4% in 24h. The memecoin market cap has increased by 10.1%. Here’s a list of memecoins supported by Tokenlon:

  • PEPE, up 15.2% in 24h

  • PEOPLE, up 6.3% in 24h

  • MAGA, up 2.3% in 24h

Tokenlon now supports multichain trading on Ethereum mainnet, Polygon PoS, Optimism, zkSync, Base, BNB, and Arbitrum chains. Simply navigate to the Market page in the latest imToken wallet version, 2.15.2, to start.

Tokenlon now supports 144 tokens, with discounted fees for LON holders. Trading fees between stablecoins such as USDT, USDC, DAI etc is as low as 0.04%.

Tutorial

How to use Tokenlon instant swap

How to use limit order on Tokenlon

Note

Digital assets are highly volatile and unpredictable, do your research before trading.

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