PEPE, Dogecoin, BONK Lead Double-Digit Meme Coin Gains PEPE, Dogecoin, and BONK are at the forefront of significant gains for meme coins, with double-digit increases.

The recent surge in the crypto market has pushed Bitcoin to $65,000, which is only 389.73% below its peak. Meme coins such as PepeCoin, Dogecoin, and BONK are also seeing significant gains, with double-digit increases today. Among meme coins in the top 100 cryptocurrencies by market cap, PEPE, which features a frog theme, is leading the way with a 35.6% rise in the last 24 hours and a whopping 421.8% increase over the past week. This has placed it in the 44th position in terms of market capitalization among digital assets, based on data from CoinGecko. Other popular dog-themed coins closely behind include Solana meme coin BONK (increased by 30%), Shiba Inu (SHIB, increased by 17.4%), and the original Dogecoin (DOGE, increased by 18.9%). FLOKI is in last place, having increased by 10.5% in the last 24 hours. Dogwifhat (WIF) on the Solana network has only increased by 3.2% today, but has seen significant growth of 389.7% in the last week. Meme coins, which are cryptocurrencies inspired by internet memes and current trends, usually do not have much practical use apart from being used for speculation. They typically exhibit greater unpredictability than popular cryptocurrencies such as Bitcoin and Ethereum. This indicates that although these coins can experience sharp price increases, they can also see quick declines. Meme coins with smaller market values often lack sufficient liquidity, making it challenging to profit from them. A trader may experience a tenfold increase in their investment, but they could also encounter difficulty when trying to sell their assets. Their strong connections to internet trends, popular culture, and current affairs make many meme coins short-lived, although established ones like Dogecoin have remained popular. Initially meant as a satirical take on digital currencies in 2013, Dogecoin has expanded its functionality over time, introducing features such as payment integration and, more recently, unique assets called Doginals that can be created on its blockchain. Note: