The cryptocurrency market has witnessed a decent start to the week, with meme coins producing breakouts and decouplings across the board. Over the past 24 hours, trading volumes for the top 50 assets in the meme coin sector have surged by more than 34%, according to data from Santiment.
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Top Meme Coins to Watch
Among the meme coins that have gained traction, several stand out for their impressive performance and volatility:
- Pepe ($PEPE): Pepe, the meme coin inspired by the popular internet frog character, has been at the forefront of the recent meme coin frenzy. The meme coin has surged by 24% and hit a new all-time high of $0.00001076. The official X account of PEPE also tweeted recently that “hearing reports that the dog days are over.”
- TRUMP ($MAGA): $MAGA, a meme coin with a political twist, has also experienced notable breakouts and decouplings. The coin rose by 81.7% in the last seven days, primarily due to recent positive crypto comments by former US President Donald Trump.
- Mog ($MOG): $MOG, a meme coin affiliated with the film and entertainment industry, has been another notable performer in the recent meme coin surge. MOG experienced a 34% spike in the last 24 hours.
- Harrypotterobamasonic ($BITCOIN): While not a traditional meme coin, $BITCOIN, a cryptocurrency that shares its name with the original Bitcoin, has also surged by 25.43%, while the original Bitcoin struggles to maintain the momentum.
- Ponkesol ($PONKE): $PONKE, a relatively new entrant in the meme coin space, has managed to surge recently. PONKE spiked 18% to hit $0.183 in the last 24 hours.
- Pepe 2.0 ($PEPE2.0): $PEPE2.0, a spinoff of the original Pepe meme coin, has also experienced similar price surge. The meme coin has surged by 13.5% but hasn’t hit an all-time high like the OG PEPE did.
- SPX6900 ($SPX): $SPX, a meme coin with a space exploration theme, has also seen its price increase by 14.5% in the last 24 hours.
- Analos ($ANALOS): $ANALOS has also experienced a 13% spike, hitting $0.00006955 after numerous months of muted performance.
Emerging Meme Coins: $GME and $ROAR
In addition to the top meme coins mentioned above, two emerging meme coins have made notable appearances in the market: $GME and $ROAR.
GME, a meme coin inspired by the GameStop stock market frenzy, has experienced rising trading activity and price movements. The coin’s association with the GameStop saga and its potential for mainstream adoption have made it an attractive option for traders seeking to capitalize on the meme coin trend.
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Show more +ROAR, another emerging meme coin, has also made a notable entrance into the market. While details about the coin’s specific features and positioning are limited, its rapid emergence and trading activity have caught the attention of traders and investors.
The recent meme coin mania, characterized by breakouts, decouplings, and rising trading volumes, has once again highlighted the potential for profits in this sector of the cryptocurrency market.
Read more: This Solana Meme Coin Skyrocketed by 6,000%: Two Traders Achieve 49x Returns
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