Meme cash are once extra rising, led by Dogecoin (DOGE), which has climbed 6.7% within the excellent 24 hours and now extra than 18% on the week to $0.20. But other major meme cash delight in posted worthy greater features on the day.
Dogecoin, which ranks eighth amongst all cryptocurrencies by market capitalization, ranks 2d within the class with extra than $5.7 billion in 24 hour procuring and selling quantity, trailing most productive the Ethereum-based Pepe (PEPE) in that metric.
President Donald Trump and First Girl Melania Trump’s legitimate meme cash delight in received 10.3% and 32.5% within the excellent day, respectively. TRUMP and MELANIA are outpacing Dogecoin and the class as a full, which is up 6.8% within the same timeframe, in accordance with CoinGecko.
The Solana-based tokens lead a increasing checklist of meme cash leaping greater after the launch of PUMP, the legitimate token of the in style Solana meme coin launchpad, Pump.fun. After hosting its preliminary coin offering (ICO) on Saturday and elevating $600 million, PUMP grew to became eligible for getting and selling on Monday and fleet exploded to simply about a $2 billion market cap.
It has since risen even extra, leaping simply about 12% within the excellent 24 hours to a $2.2 billion market cap. That’s adequate to unfriendly it #57 amongst crypto tokens by market capitalization, in accordance with CoinGecko.
The success of PUMP has pulled up other tokens from the Solana trenches as successfully, including tokens launched on Pump.fun admire Unicorn Fart Filth (UFD), Michi (MICHI) and True a Chill Man (CHILLGUY)—all of which delight in jumped extra than 10% over the excellent 24 hours.
BONK too is up 20% within the excellent 24 hours, adding to the Solana meme coin’s a success month of features—which now stand at extra than 69% as its contain token launchpad, a novel rival of Pump.fun, continues to make steam.
And whereas Solana has been the house to worthy of the meme coin success over the excellent 365 days, the upward push in ETH’s stamp has been a boon for Ethereum-based memes as successfully.
Shiba Inu (SHIB) and Pepe (PEPE), the pause two meme cash on the Ethereum blockchain, delight in jumped 7.9% and 11% respectively within the excellent 24 hours—most productive outdone by SPX6900 (SPX), the meme token making an are attempting to flip the market cap of the S&P 500.
The token has jumped simply about 25% within the excellent 24 hours, setting a novel all-time excessive stamp of $1.89. Nonetheless, at a market cap afraid of $1.9 billion, it remains successfully afraid of the combined $52.56 trillion market cap of the S&P 500 firms.
