Meme coin rally: PEPE, FLOKI, WIF and BRETT are all up 20% | Headlines | News | CoinMarketCap
07/16/2024 14:33Meme coins are once again at the forefront of the crypto market, driven by Bitcoin’s recent recovery, which is positively impacting major crypto …
Meme coins are once again at the forefront of the crypto market, driven by Bitcoin’s recent recovery, which is positively impacting major crypto categories. PEPE, FLOKI, WIF, and BRETT are leading this resurgence, with each seeing daily gains of over 20% on Tuesday.
Pepe (PEPE), an Ethereum-based meme coin, was up 24% over the past day and exchanging hands at $0.00001187. In the same timeframe, the daily trading volume of crypto assets had doubled over the past day, hovering around $1.65 billion.
Meanwhile, its market cap had jumped by 23%, going past the $5 billion mark and ranking it as 22nd among the top largest cryptocurrencies.
Floki (FLOKI), a dog-themed meme coin on the Solana blockchain, has also seen a price surge of 21% in the last 24 hours. The crypto asset, now trading at …