As Bitcoin's price soared to $64,000 at the start of the week, memecoins like GME, BOME, and SLERF saw a significant rise in their prices. This surge in memecoins often correlates with Bitcoin's bullish movements, demonstrating their sensitivity to the leading cryptocurrency's performance.
While popular memecoins such as PEPE, FLOKI, and WIF are known for their rapid value changes aligned with Bitcoin, it's the lesser-known coins like GME, BOME, and SLERF that have captured market attention with their impressive gains.
This trend highlights the volatile and speculative nature of the memecoin market, where minor, lesser-known coins can suddenly experience substantial popularity and price increases.
