Cryptocurrency experts name a meme token that has grown sharply by more than 300%

! Not financial advice. — editor.

Cryptocurrency analysts have recorded another increase in demand for meme coins. Thus, one of the joke tokens, 4-CHAN (4CHAN), has risen sharply by 306% in just four days. Experts predict that this is the next meme coin to go viral, following in the footsteps of Pepe and Wojak.

The 4-CHAN token was launched on May 2, just as the meme cryptocurrency boom was taking off.
After the start of sales, when the price of 4-CHAN increased by more than 7,300%, the asset’s price almost immediately rolled back. The lack of price momentum has led cryptocurrency enthusiasts to declare hard times for 4-CHAN. Nevertheless, the recent increase in value has given the token a new lease of life and revived investor interest.

Data from DEXTools. io shows that the price of 4-CHAN has increased by 306% since last Thursday. Interestingly, the price of the meme token initially jumped by more than 460%, and then the price rolled back.

According to Etherscan. io, there was a massive surge in 4-CHAN transfers on Saturday, June 17, with 1,625 people participating. In addition, on Monday, June 19, several large orders were placed to buy the token, totaling more than $ 10,000. Analysts note that such activity demonstrates the restoration of trust and interest in the digital asset.

The crypto community is betting on the potential revival of 4-CHAN, expecting another huge rally, just like at its launch.

Data from CoinMarketCap shows that 4-CHAN's trading volume dropped by 2.48% over the past day. At the time of writing, the meme cryptocurrency is trading at $ 0.2 848 with a market capitalization of $ 25 million. Traders made daily trading deals worth $ 7.9 million.

Last week, there was a significant regression in interest in meme assets. Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Floki Inu (FLOKI) lost more than 10% each. Despite the decline of the most recognizable meme assets, market experts also noted a storm of excitement and growth in the quotes of the Jesus (RAPTOR) meme coin. On the same day, the price of the virtual coin increased by 166%, and today, according to CoinMarketCap, it has fallen by almost 6%. The asset is traded for $ 0. 1 753.