Ceasefire Between Israel and Iran... Meme Coins Surge Intraday

Uk Jin

Summary

It was reported that the ceasefire agreement between Israel and Iran has revived investment sentiment toward meme coins.
It was noted that major meme coin prices, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), soared by double digits.
Many meme coins within the top 100 market capitalization are reportedly all showing strength.

As Israel and Iran have officially entered a ceasefire, investor sentiment toward meme coins is rebounding.

As of 2:17 p.m. on the 24th (KST), the leading meme coin Dogecoin (DOGE) is up 6.79% from the previous day, trading at $0.1632. During the same period, Shiba Inu (SHIB), Pepe (PEPE), and Official Trump (TRUMP) also surged 8.66%, 12.00%, and 7.27%, respectively.

In addition, meme coins within the top 100 by market capitalization, such as SPX6900 (SPX), Bonk (BONK), Fartcoin (FARTCOIN), Dogwifhat (WIF), Floki (FLOKI), and Pudgy Penguin (PENGU), are all showing strong performance.

The strong showing of meme coins today is attributed to the ceasefire agreement between Israel and Iran. Previously, at about 2:08 p.m., U.S. President Donald Trump announced on his social media platform, Truth Social, that "the ceasefire is now in effect" and urged, "Do not violate it."