The meme coin market is witnessing a significant revival as its market cap approaches the $50 billion mark. This resurgence is closely tied to Bitcoin's recent price movement, which has ended its stagnation below the $64K level.
Bitcoin's surge past the $65K threshold has triggered a broader market recovery. Among the biggest gainers in this rally are prominent meme coins such as Shiba Inu, FLOKI, and PEPE, each delivering double-digit returns to investors.
This renewed interest in meme coins marks another chapter in the volatile yet exciting world of cryptocurrency trading, drawing in both seasoned investors and newcomers alike.