The meme coin market is heating up again, with several tokens posting solid gains.

Pepe ($PEPE) has rebounded over 17% in the past day, breaking its recent downtrend.

Other meme coins like Cowabunga Coin ($COWABUNGA) and Shibie Coin ($SHIBIE) have also pumped.

$PEPE has seen a breath of fresh air over the past 24 hours, with the token now trading around the $0.00000124 level.

This surge resulted in a break above the 20-day and 50-day Exponential Moving Averages (EMAs) on the 4-hour chart, indicating a potential trend reversal for $PEPE.

The token had been stuck in a consistent downtrend since topping out at $0.00000188 on July 14, but the positive momentum has returned.

Trading volume and social media chatter related to $PEPE has also increased in the last day.

According to data from CoinMarketCap, $184 million worth of $PEPE has changed hands in the past 24 hours – representing a 118% increase from the previous day.

Moreover, CryptoRank has revealed that $PEPE is in the top 20 coin searches over the past day.

Apart from Pepe coin’s resurgence, several other meme coins are gaining momentum.

Two of these meme coins are Cowabunga Coin ($COWABUNGA) and Shibie Coin ($SHIBIE), both of which are gaining significant traction in their respective presales.

Cowabunga Coin ($COWABUNGA), a meme coin project inspired by the Teenage Mutant Ninja Turtles franchise, has made an impressive start to its life cycle.

$COWABUNGA’s presale has amassed $35,000 in early funding, with tokens available at a discounted price of $0.000357.

The token has benefited from the renewed buzz around the meme coin space, given that it offers investors exposure to the market with a unique aesthetic tied to the TMNT TV show.

Cowabunga Coin has also seen growth in its social media channels, with the project’s Telegram community expanding significantly in the past week as new investors pile in to learn more.

Much discussion within the community centers on $COWABUNGA’s tokenomics structure, where 25% of the total token supply is earmarked for community rewards like giveaways and airdrops.

Additionally, Cowabunga’s development team has indicated their intention to pursue CEX listings after the presale.

Visit Cowabunga Coin Presale

Shibie Coin ($SHIBIE) is another meme project benefiting from the renewed interest in coins like $PEPE.

This newcomer brands itself as a “sassy mutt” and blends the pop culture icons of Shiba Inu and Barbie to great effect.

Leveraging the current meme coin buzz, $SHIBIE aims to make its mark through clever branding and a cut-price presale phase.

This presale has already attracted over $230,000 in investment from those seeking early exposure to the token’s growth.

One of the main draws for these investors is $SHIBIE’s tokenomics, outlined in the project’s whitepaper.

60% of the total 10 billion $SHIBIE supply has been set aside for early investors ahead of its DEX listing.

The Shibie Coin creators have also committed 20% for DEX liquidity. 

This allocation aims to reduce price slippage, promoting a more stable trading environment.

Shibie Coin’s creators even plan to launch an AI-powered Telegram bot that engages in quirky banter with community members and fosters further engagement.

With the presale stage still ongoing, many investors have now expressed interest in gaining early exposure to the project before its official market debut.

Visit Shibie Coin Presale

The post Pepe Coin Price Sees Bullish Rebound, As New Meme Coins Cowabunga & Shibie Also Pump appeared first on BeInCrypto.

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