POPCAT (SOL) and FLOKI tokens are at the forefront of the current memecoin market surge, with POPCAT achieving a new all-time high. FLOKI is also performing strongly, being less than 30% away from reaching its peak valuation.
The trading volume for memecoins has increased significantly, up by 31.07%, which has contributed to a 16.47% rise in the category's overall valuation. This surge is accompanied by strong technical sentiments indicating extreme greed.
With trading volumes reaching $75.3 billion in just 24 hours, memecoins continue to capture investor interest. The article suggests a notable shift in market dynamics, possibly leading to more sustained growth in the memecoin segment.