Today, despite the pale market performance and growing pessimism from the community, meme cryptocurrencies are posting notable gains. Some meme coins in the top 500 managed to rise between 50% and 60% in the last 24 hours.
Today, despite the pale market performance and growing pessimism from the community, meme cryptocurrencies are posting notable gains. Some meme coins in the top 500 managed to rise between 50% and 60% in the last 24 hours.
Meme coins erase losses, BRETT and WIF lead mini rally
Based Brett (BRETT), the largest meme coin on the Base (BASE) blockchain, is up 25% in the last 24 hours. As a result, it has become the fastest growing cryptocurrency among the top 100 assets by market cap.
Dogwifhat (WIF), a dominant meme coin on the Solana (SOL) blockchain, sees a 19.7% price increase. Its market capitalization is close to reaching $2 billion. Pepe (PEPE) posted similar gains and surpassed the $5.2 billion valuation today.
Bonk (BONK), with its daily price rise of 16.7%, is another premium meme coin on the list of the fastest growing cryptocurrencies, along with Floki (FLOKI), which has a valuation of $1.7 billion after of a price jump of 12.7%.
Dogecoin (DOGE) and Shiba Inu (SHIB) rose between 8.2% and 8.3%; Both assets solidified their presence among the top 15 cryptocurrencies by market cap.
As Guru-Investingreported yesterday, meme coins recorded a painful price drop amid yesterday’s cryptocurrency crash.
POPCAT Price Surges 60%, Solana Cat Coin Targets $500 Million Valuation
However, the most impressive rallies were recorded in the cat-themed coin segment. Meme coins such as Popcat (POPCAT), Mog Coin (MOG), and Michi (MICHI) thrilled their audience with impressive gains.
Popcat (POPCAT) capitalization targets $500 million after an unmatched growth of 60% in the last 24 hours. Michi (MICHI) added 75% and almost reached a limit of $100 million.
Mog Coin (MOG), after a 25.1% price increase, entered the top 150 cryptocurrencies by market capitalization, while the popular meme coin Cat in Dog World (MEW) rose 15%.
As Guru-Investingpreviously reported, MEW was recently listed on Binance Futures with 50x leverage.