Highlighted meme coins for today are ZEREBRO, FARTCOIN, and LOFI, each displaying high volatility and unique triggers. ZEREBRO has declined by more than 22% this week due to controversies surrounding developer Jeffy Yu and a significant $1.27M token dump.
Focusing on FARTCOIN, which was previously performing well, it is currently struggling to maintain its $1 billion market cap and is experiencing a sharp correction. On the other hand, LOFI is rapidly gaining momentum, showing a 13% daily increase and a remarkable 321% surge in the last 30 days, propelling it up the rankings within the SUI meme coin ecosystem.
ZEREBRO has faced a 22.5% drop recently due to controversies involving its developer, Jeffy Yu. The situation escalated to claims of Jeffy staging a fake death. A wallet linked to Jeffy Yu also sold a significant amount of ZEREBRO tokens, further adding to the drama.
FARTCOIN, a widely discussed meme coin, is undergoing a pullback after consistently defying market trends. Although it has recently touched a $1.1 billion market cap, the coin is struggling to stay above the crucial $1 billion mark.
LOFI, currently the third-largest meme coin in the SUI ecosystem, has seen substantial growth, with a 13% increase in the past 24 hours and a remarkable 321% rise in the last month. Rising towards the $0.042 resistance level, a successful breakout may propel LOFI further to $0.0546.