CoinGecko data shows meme token PEPE rebounded from about $0.00000258 on Aug. 19 to roughly $0.00000411 by Aug. 23, marking a gain of nearly 60% over the period. At the same time, World Liberty Financial’s WLFI token, tied to the Trump family, traded in a relatively narrow $0.059 to $0.060 range after the project said it had received conditional preliminary approval from the U.S. Office of the Comptroller of the Currency for a national trust bank charter. Elsewhere, HTX exchange token HTX remained under pressure near $0.0000017, mainly due to trading restrictions on Binance. According to Bitcoinist, market analysis suggests the current move in altcoins reflects capital rotation among high-volatility tokens rather than the start of a broad-based altcoin season.
PEPE climbed from about $0.00000258 on Aug. 19 to roughly $0.00000411 by Aug. 23, a rebound of nearly 60%, according to CoinGecko data cited by Techub News.
Over the same stretch, World Liberty Financial’s WLFI token, which is associated with the Trump family, held in the $0.059 to $0.060 range after the project announced that it had received conditional preliminary approval from the U.S. Office of the Comptroller of the Currency, or OCC, for a national trust bank charter.
HTX, the exchange token of HTX, stayed under pressure near $0.0000017. The report said the token was mainly affected by trading restrictions on Binance.
Bitcoinist said market analysis viewed the current altcoin action as capital rotating among high-volatility tokens, rather than the arrival of a full altcoin season.
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