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Meme cryptos on fire today, BONK price jumps by 15%
In the latest market update, it appears that meme cryptocurrencies are dominating the current market trends. According to recent data, Bonk (BONK) has skyrocketed by an astonishing 15% in a matter of hours, with its market capitalization now targeting $1.3 billion.
On the other hand, Pepe (PEPE), another popular meme cryptocurrency, managed to grow by a respectable 5% overnight. This impressive rally pushed its price up to $0.00001025.
Furthermore, Dogecoin (DOGE) is also joining in on the action, rising by an unyielding 2%. The DOGE price has now reached $0.1726.
Additionally, it’s worth noting that Shiba Inu (SHIB) is back in the ‘Trillionaire Club,’ with its trading volume skyrocketing significantly. As of this moment, SHIB’s price now exceeds $0.00001188.
Lastly, Dogwifhat (WIF), a smaller meme coin on Solana (SOL), has demonstrated an impressive 7.7% increase overnight. The WIF price surged past $0.0920.
As the cryptocurrency market sees this uptrend, it’s essential to note that most large-cap cryptos are taking a breath before any potential next move. Both Bitcoin (BTC) and Ethereum (ETH) have seen only minor gains of 1-2%, indicating a possible consolidation phase.
It is crucial for investors to keep an eye on these market trends and carefully assess the risks involved with this rapid increase in meme cryptocurrencies’ performance.
Source: u.today
