Top Meme Coins to Watch: A Look at the Biggest Gainers in the Crypto Market
The ongoing cryptocurrency rally, driven by euphoria over the Bitcoin (BTC) halving, has not left meme coins behind. In fact, many prominent meme coins have seen significant gains in the last 7 days. According to data from X by Santiment, meme coins have experienced a volume increase of approximately 3,000% during this period. If you’re a savvy crypto investor, here are the top 5 meme coins that you might want to consider adding to your portfolio:
Pepe (PEPE)
Pepe (PEPE), which made its initial set of millionaires almost a year ago, is surging once again amidst the ongoing crypto market rally. In the last 7 days, PEPE has surpassed its old all-time highs and is currently the biggest gainer in the crypto market, up by 423.11%. With its recent milestones and the overall trend in the crypto market, Pepecoin is likely to see even greater gains in the future.
Bonk (BONK)
Bonk (BONK), the original meme coin of the Solana (SOL) blockchain, has gained popularity due to an arbitrage opportunity linked to Saga smartphones. In the past 7 days, BONK has been the fourth-biggest gainer in the crypto market, up by 172.05%. With ongoing developments such as a new smartphone from Solana mobile team, now is a good time for investors looking to gain from upcoming opportunities.
Shiba Inu (SHIB)
Shiba Inu (SHIB), perhaps the world’s best-known joke-based cryptocurrency, has been hot on BONK’s tail in the last week of trading. It is currently the fifth-biggest gainer in the crypto market, up by 168.49%. The recent price performance indicates that the rally is not exhausted, and SHIB is expected to continue its upward trend.
Floki (FLOKI)
Floki Inu (FLOKI), a meme coin featuring a combination of a shiba inu dog and Gustav Skarsgard’s Vikings character, has risen by 312.81% in the previous 7 days. It is known as one of the leading meme coins in the Web3 ecosystem. Despite its volatility, FLOKI has shown strong performance and recently hit a record of $525 in total value locked (TVL).
Dogecoin (DOGE)
No discussion about meme coins would be complete without mentioning Dogecoin (DOGE). It has taken the seventh spot on the list of top-performing cryptocurrencies in the last week, with a gain of 90.06%. DOGE’s 24-hour performance also indicates further growth potential.
Conclusion: Expecting Strong Performance from Meme Coins
Meme coins have gained significant traction in the crypto market and are likely to continue offering strong performance. With upcoming developments such as the Bitcoin halving and April 1 approaching, which may involve interaction between Dogecoin supporter Elon Musk and meme coins, these assets are poised for further growth.
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