#Gate广场四月发帖挑战 BTC back to 71k! DOGE, SHIB, PEPE collectively stir, meme coin market heats up?

As the market warms up again, meme coins are starting to stir. With BTC once again surpassing $71,000, the three popular coins—Dogecoin, Shiba Inu, and PEPE—are collectively experiencing a rebound. First, let's look at the overall situation:
In the past 24 hours, the crypto market has increased by about 4%, with the total market cap returning to $2.44 trillion. Not just BTC, but mainstream coins like ETH and XRP are also strengthening simultaneously. To put it simply: market sentiment is back, and funds are starting to take risks again.

Dogecoin: Is $0.1 still possible?
DOGE's recent rise isn't the most aggressive, but it's steady. Currently trading around $0.094, with a 24-hour increase of about 4.7%. The key now is whether it can hold above $0.094. If it stabilizes, it might continue to test the $0.095–$0.096 range in the short term; a breakthrough could give it a chance to hit $0.1 this week. But if it drops back below $0.09, the pace might slow down again.

Shiba Inu: Burn rate surges, sentiment ignited
SHIB feels like it's "rising while stirring things up." The current price is $0.00000615, with nearly a 5% increase. More importantly, the burn rate has skyrocketed by over 3,230%, meaning circulating supply is rapidly decreasing, and the market is beginning to anticipate a "deflationary effect." In the short term: resistance above is around $0.0000063–$0.0000064, and support below is around $0.0000061. If it can hold above the resistance, the market is likely to speculate on a "zero-removal" rally.

PEPE: Most aggressive, hottest sentiment
This round's biggest mover is PEPE. Over the past 24 hours, it has risen 10%, reaching $0.00000370. Not only is the spot price rising, but capital is also pouring in wildly: open interest has increased by over 20%, with trading volume surging by 80%+ to $217 million. What does this indicate? It's not just retail investors playing; funds are also leveraging heavily. If the price can stay above $0.00000350, the next target could be $0.0000040.

Why can this wave rise?
The core reasons are twofold: BTC warming up (reclaiming $71,000) and market risk sentiment easing. Simply put:
👉 People are less panicked
👉 Money is starting to flow back in
And meme coins are the most sensitive to "sentiment," so their reactions are the most intense.

What's next?
The current trend is quite clear: BTC stabilizes → market sentiment improves → altcoins and meme coins become active → prices increase further. So, the key points to watch are:
Can BTC continue to hold high levels?
Will funds keep flowing in?
If these two conditions remain, DOGE, SHIB, and PEPE are likely to continue rising or even break through.