Meme Coin Market Rises 4.6% With Presidential Meme Token BODEN Leading the Pack

by Margarita Armstrong

With bitcoin exceeding $70,000 on Wednesday, the leading meme cash experienced essential increases over the closing 24 hours. Shiba inu (SHIB) developed 7.7% within the day gone by, whereas dogecoin (DOGE) rose 2.1%. Amongst the tip 5 meme cash by market capitalization, floki (FLOKI) seen a 21.2% carry out larger one day of the last day. Nonetheless, BODEN emerged as Wednesday’s best seemingly gainer, hovering 46%.

Meme Coins BODEN, NPC, WOJAK, and FLOKI Capture Double-Digit Features

Recent metrics mark the meme coin market is up 4.6% against the U.S. buck, valued at an estimated $68.78 billion. Four out of the tip 5 meme cash by market cap seen gains, with FLOKI’s 21.2% carry out larger being the biggest. Pepe (PEPE) used to be the most efficient coin within the tip 5 to sigh no against the buck, shedding 0.8%.

DOGE elevated by 2.1%, SHIB climbed by 7.7%, and WIF grew by 4.1%. Whereas most prime meme cash are in obvious territory, geo boden (BODEN), the presidential meme token, is the leading meme coin gainer of the day, rising 46.4%. Non playable coin (NPC) surged by 35.7%, and the meme token wojak (WOJAK) elevated by 32.3%. Completely different essential meme coin gainers with double-digit rises encompass PENG, TYBG, TREMP, and MEOW.

Several meme cash additionally experienced main declines on Wednesday. OPTI fell 23.7%, OMIKAMI dropped 19.3%, GME diminished 18.7%, and STRUMP declined 17.9%. Most meme tokens connected to the Gamestop, Roaring Kitty, and Wall Boulevard Bets development recorded 24-hour losses on Wednesday. Meme cash hold performed exceptionally effectively this twelve months, and for the time being, the $68.78 billion market cap represents 2.forty eight% of the total $2.77 trillion crypto economic system.

What halt you deem about Wednesday’s meme coin rise? Share your thoughts and opinions about this field within the comments piece below.

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