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- BONK surged 10.9%, main the meme coin rally.
- FLOKI rose 5.28% and is now buying and selling at seven-day highs.
- BRETT elevated 3.16% in worth amid the recognition of Solana-based meme cash.
Meme cash are experiencing a resurgence, with vital positive aspects previously 24 hours. Main tokens Bonk (BONK), Floki (FLOKI), and Brett (BRETT) have spearheaded the bullish momentum after a couple of days of sluggish motion.
The meme coin market capitalization at the moment stands at $48 billion, in line with CoinMarketCap knowledge. Dogecoin (DOGE) and Shiba Inu (SHIB), two dog-themed meme cash that gained widespread reputation in 2021, proceed to guide the sector when it comes to market cap. The buying and selling quantity of the meme coin sector has surged to $3.49 billion.
The highest performer within the meme coin sector is Bonk (BONK), the primary dog-themed coin on Solana. BONK has surged 10.9% to a present worth of $0.00002629. The token’s quantity stands at $341 million, and its market capitalization is $1.79 billion. BONK can also be nearing entry into the listing of the highest 50 digital property by market cap, at the moment ranked at 51.
The BONK chart signifies that the meme coin is making an attempt a rebound, aiming for the $0.00004 worth stage. The relative energy index (RSI) stands at 54.6, suggesting a balanced battle between bulls and bears.
Floki (FLOKI) surged 5.28%, hitting a price ticket of $0.0001811, and reaching its seven-day excessive. Nonetheless, the meme coin continues to be decrease than its month-to-month excessive of $0.0003 and is down 27.24% previously 30 days. The RSI for FLOKI reads 45.4, confirming that the bears are nonetheless exerting management.
Lastly, the BRETT token rose 3.16%, and its worth on the time of publication is $0.1667. The buying and selling quantity of the token dropped 4.84%, whereas its market cap stands at $1.65 billion, making it the fifty fifth largest digital asset.
The meme coin is up 8.87% within the final week, 65.41% in 30 days, and 331.04% since July 2023, considerably outperforming DOGE and SHIB, which have risen 84.26% and 128.18% since July final yr. Notably, Solana-based meme cash like BRETT, BONK, and E-book of Memes (BOME) have been experiencing a latest surge in reputation.
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