Meme Coins Duko, PepeFork, and Byte See Gains After Bitcoin Halving Event

The highly anticipated Bitcoin halving event has caused a stir in the crypto market, with the overall value decreasing by at least 1.32%. However, amidst this decline, several meme coins have made substantial gains.

One such coin is Duko (DUKO), which saw a remarkable 76% jump in the last 24 hours, trading at $0.002852. With a trading volume of $6,285,822, DUKO has climbed to the #448 spot in terms of most traded tokens in the market. This surge in price continues a trend observed over the last few weeks, with DUKO’s value increasing by more than 122% over seven days and 32.5% over 14 days. Despite these impressive gains, the current price is still nearly 34% lower than it was 30 days ago.

PepeFork (PORK) is another meme coin that has seen gains, rising by more than 11% in the last 24 hours and currently trading at $0.00000001998. However, over seven and 14 days, PORK has experienced drops in value of 11.6% and nearly 38% respectively. The 30-day chart shows a decline of more than 56%.

Byte, inspired by Elon Musk’s announcement about naming his next pet dog “Byte,” has also seen a 12.3% increase in the last 24 hours. While the current price is 0.9% lower than seven days ago, over 14 and 30 days, BYTE is down by 12.1% and 41.7% respectively.

In contrast, better-known tokens like Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), and Pepe (PEPE) were all in the red post-halving. WIF experienced the biggest loss, with a 6.7% drop from its price 24 hours ago.

While the overall crypto market may have seen a decrease in value, these meme coins have managed to buck the trend and make significant gains, showcasing the unpredictable nature of the cryptocurrency market.