Ethereum's PEPE Leaps 36% While Solana Meme Coins WIF and BONK Rally

by Aric Feil

Ethereum meme coin Pepe and its Shiba Inu-themed Solana opponents Dogwifhat and BONK personal posted some huge beneficial properties while utilizing the wave of Bitcoin’s 11% create previous $56,000.

Pepecoin (PEPE) has leapt 36% in the previous 24 hours and is procuring and selling for $0.00000215 at the time of writing. That is an 80% create from correct per week in the past and the best PEPE has been since Also can simply 2023, basically based utterly on CoinGecko info. On the time, PEPE had correct entered the head 100 digital resources with a market capitalization of $540 million.

To set apart in standpoint correct how noteworthy the crypto market has grown since then, PEPE has viewed its market cap nearly double to $900 million and ranks as simplest the 102nd largest coin.

Because the price has skyrocketed, a option of PEPE holders personal cashed in. Six diversified wallets tale for roughly $4 million price of PEPE tokens purchased nowadays on Binance nowadays, netting the holders about $2 million price of earnings.

Meanwhile, the Shiba Inu-themed meme money on Solana personal viewed abundant beneficial properties as neatly.

Dogwifhat (WIF) has gained 46% in the day gone by and is currently procuring and selling for $0.5634. The meme coin has been in unusual all-time excessive territory since the day gone by, when it surpassed $0.forty five the day gone by afternoon.

And BONK, which changed into once before the whole lot airdropped to Solana developers in 2022 and then saw a huge surge in December that culminated in the token setting an all-time excessive of $0.000025, has elevated 16% since this time the day gone by. On the time of writing, BONK is procuring and selling for $0.00001445, basically based utterly on CoinGecko info.

Dogecoin (DOGE) and Shiba Inu (SHIB), two of the customary meme money, personal viewed their personal—albeit, noteworthy smaller—tag rallies over the day gone by. DOGE, the first ever meme coin, is currently procuring and selling for $0.09652 after having gained 12% since Monday morning. And SHIB has gained 8% since the day gone by, and is currently procuring and selling at $0.00001051, basically based utterly on CoinGecko info.

For the previous couple weeks, Dogecoin has been struggling to live in the head 10 ranking of cryptocurrencies by market capitalization on tag aggregators, admire CoinGecko and CoinMarketCap. As of late it be collected solidly outdoor the head 10, with a $13.8 billion market cap compared to the next largest coin, Avalanche (AVAX), which is sitting at $14.8 billion market cap.

Edited by Andrew Hayward

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