The Rise of Meme Coins in the Altcoin Market
Crypto enthusiasts have been buzzing about the recent surge in the altcoin market, and for good reason. Among the rising cryptocurrencies, meme coins have been particularly successful. However, not all meme coins have performed equally well.
CorgiAI (CORGIAI) Dominates Meme Coin Gains
CorgiAI (CORGIAI) has gained attention by using the Corgi breed instead of the popular Shiba Inu for their meme coin. In just one day, CorgiAI saw a 56% increase, while its 7-day chart shows a rise of $86.8 according to CoinGecko data. With a market cap of over $36.29 million, CorgiAI is now the 11th-largest meme coin.
Bonk (BONK): A Strong Performer in the Altcoin Season
The Solana native coin Bonk (BONK) has also shown impressive gains, rising 29% in one day and 76.7% over 7 days. On the 1-hour chart, BONK is outperforming other meme coins, with an 11.3% increase at the time of writing.
HarryPotterObamaSonic10Inu (ETH) BITCOIN: A Surprising Contender
This unique meme coin combines recognizable names from pop culture, politics, and crypto. Despite a weekly loss of 2.5%, it has risen by 19% in just one day and boasts a market cap of $137.76 million, making it the 7th-largest meme coin.
Dogelon Mars (ELON): Maintaining Strength Among Meme Coins
Named after Elon Musk and Dogecoin, ELON has seen daily gains of 16.7% and weekly gains of 14.4%, positioning it as the 8th-largest meme coin.
Memecoin (MEME): Turning Tide for a New Meme Coin
Developed by the 9Gag team, MEME initially saw a retracement but is now showing promising signs with a 16.4% increase in just one day.
Hot Take: Notable Performances from Top Meme Coins
While Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) did not make the list of top performers, they still saw gains ranging from 4% to 13.1% in the last day according to CoinGecko data.