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Dogecoin (DOGE) Second Best Performer in Top 100, Bonk (BONK) Follows

source-logo  u.today 04 January 2025 16:21, UTC
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As the cryptocurrency segment is recovering from the mediocre start of 2025, the largest meme coins are yet again in the spotlight. Their sentiment inspires double-digit rallies that can only compete with mid-cap altcoins with solid tech accomplishments.

Dogecoin ($DOGE) second best performer today

Dogecoin ($DOGE), the largest meme cryptocurrency, is up by 14.2% today. Its capitalization added over $7 billion overnight, which pushed $DOGE to the list of top daily gainers as of Jan. 4, 2025. Dogecoin ($DOGE) cemented its position as the seventh largest crypto by market cap.

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The closest competitor, the USDC stablecoin, sees its capitalization sitting at $45 billion.

Meanwhile, Dogecoin ($DOGE) is far from being the only meme coin in the top performing cryptos list. Based Brett (BRETT) is back to the top 100 with its 12.2% upsurge in 24 hours. The asset is targeting a $1.5 billion market cap.

Also, Bonk (BONK), another popular community meme coin, is also in the green zone. With its 10.1% added overnight, it reached a $2.68 billion market cap on surging trading volume.

Floki Inu (FLOKI), Dogwifhat (WIF) and Shiba Inu (SHIB) also outperform the market with 3.5-5.5% upsurges. The meme coin segment gained 10% in 24 hours: Its cap reached $17 billion, as per CoinGecko.

The market benchmark for the crypto sphere is up by only 0.3%.

Sui ($SUI), Ethena ($ENA) prices surge on big announcements

Sui ($SUI) and Ethena ($ENA), the native cryptocurrencies of eponymous L1 and multi-purpose EVM DeFI protocol, are rocketing today.

Ethena ($ENA) co-founder shared an ambitious look-back and splendid results of 2024. Ethena's USDe jumped into the stablecoin top league, while the protocol itself became the fastest-growing startup and the most resource-effective protocol in crypto by the revenue-per-full-time-employee metric.

The protocol is going to launch a brand-new stablecoin iUSDe to accelerate the adoption of cryptocurrencies amid TradFi asset managers and increase its presence in the Telegram ecosystem.

With almost 20% growth, Sui ($SUI) became an undisputed best performer. The coin managed to smash through its $4.88 resistance outlined by Raoul Pal and set a new all-time high.

u.today