Meme coins such as WIF, MOG, POPCAT, PEPE, and BONK are witnessing remarkable price surges. Among these, POPCAT has reached a new all-time high and even temporarily surpassed FLOKI in terms of market capitalization.
This price surge is a part of a broader growth trend in the meme coin sector, reflected in an 8.9% increase in the total meme coin market capitalization over the last 24 hours. The market cap now stands at $54.9 billion.
The increasing interest and speculative trading in meme coins indicate the volatile yet potentially profitable nature of this market segment.
