These Meme Coins Outperformed Altcoins Amidst Market Recovery
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Meme coins have emerged as top performers amid a market recovery, now boasting a $54.15 billion market cap. Popcat led with a 55% gain, hitting a new all-time high. Pepe and Dogwifhat also showed impressive increases, at 31% and 30% respectively. Crypto investor Nascent sold Maker for a $2.9 million profit to invest in Pepe and Lido DAO. Analysts, like RookieXBT, suggest the meme coin sector is poised for further growth. However, meme coins come with high volatility and risks like market manipulation and rug pulls, urging investors to exercise caution.
Source: beincrypto.com ↗
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