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Meme Tokens Surge; PEPE, BONK, WIF Hit All-Time Hi

时间:2024-03-15|浏览:282

While major meme tokens like DOGE and SHIB have slowed down over the past week, smaller tokens like PEPE, WIF, and BONK have continued to soar and hit all-time highs.

PEPE and BONK hit all-time highs today, with the former rushing into the top 30, but it was WIF that grabbed the headlines with a 33% surge in the past 24 hours.

It’s a meme coin bull run, with market leader Dogecoin up 130% in the past month, Crypto News Flash reported. Its main competitor, Ethereum-based Shiba Inu, has surged more than 250% in that time. However, while major meme tokens have seen a slowdown in growth recently, smaller tokens have continued to soar and look poised to continue their rise.

The total market value of Meme coins is currently US$65.7 billion, up 7% in the past day, while trading volume surged 40% to US$12.75 billion.

PEPE is one of the top performers. The coin has surged more than 800% in the past 15 days, hitting an all-time high of $0.0000108 today, giving it a market capitalization of $4.46 billion, ranking it third in the meme coin world. Even after DOGE and SHIB slowed, PEPE's gains have continued, surging 50% over the past week and 14% over the past day.

The unprecedented gains propelled PEPE into the top 30, disrupting mainstream projects such as Ethereum layer 2 scaling solution Optimism, Stellar and Bitcoin layer 2 scaling solution Stacks.

Solana-based BONK continues to soar, changing hands at $0.00003428 at press time. It has surged 12.77% over the past day, giving it a market capitalization of $826 million. BONK was one of the coins that surged a month ago as part of a broader rally driven by Bitcoin, and it has gained 165% since then.

FLOKI and WIF Become Meme Coin Rally Stars

The two biggest stars in the meme coin rally are dogwifhat (WIF) and FLOKI. The former has been the biggest gainer among the top 100 coins over the past day, up 36% at press time and trading at $3.16. It has gained 67% over the past week, pushing it into the top 50 with a market capitalization of $3.157 billion.

While WIF’s appeal is that it is the “meme-est” of meme coins, it has now become one of the major players, behind PEPE, SHIB, and DOGE.Its community is also growing rapidly, and recently, it raised enough money to advertise in Vegas.

A recent fundraiser raised $690,000 worth of USDC from donations from community members in four days, surpassing its goal of $650,000. The plan is to place the project's logo, a dog wearing a pink hat, on Las Vegas' famous sphere.

FLOKI, on the other hand, has outperformed all peers over the past week, surging 114% to reach a market capitalization of $2.859 billion, also joining the top 50.

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