u.today
As the net capitalization of the cryptocurrency segment is growing, meme coin holders benefit. Bonk ($BONK) is attempting to blast past the $1 billion cap yet again while Pengu ($PENGU) and Dogwifhat ($WIF) meme coins are also posting double-digit gains overnight.
$DOGE, $SHIB, $PEPE, $BONK: All major meme cryptos are up in 24 hours
In the last 24 hours, the segment of meme cryptocurrencies (dog coins in particular) is undergoing a recovery after a painful week. AI meme cryptos and Solana's meme coins have surged by 14-16% on average.
Dogecoin ($DOGE), world's largest meme cryptocurrency, is up by 3.3%. Dogecoin's ($DOGE) price eclipsed $0.1623 on growing trading volume. Shiba Inu ($SHIB), the biggest Dogecoin copycat, hit $0.00001227 with a 2.8% overnight surge.
Pepe ($PEPE) added 3.7% and reached $0.000007081. The token is back in the top 40 largest cryptocurrencies by market capitalization.
At the same time, Bonk ($BONK), a major community-driven cryptocurrency, is in the spotlight today. $BONK crypto jumped by almost 13% in 24 hours. As the $BONK price touched $0.00001252, its aggregated market capitalization exceeded $970 million.
With this amazing increase, Bonk ($BONK) became the second fastest-growing crypto in the top 100. Only $XDC, the native crypto of XinFin $XDC Network, surged faster with a 13.1% jump.
Toncoin ($TON) fails to benefit from crypto rebound
Pi Network (PI), Sei (SEI) and Flare (FLR) are also in the top performers list with 8-12% upsurges.
Smaller meme coins Pudgy Penguins ($PENGU) and Dogwifhat ($WIF) are up by 12-13%.
At the same time, not all altcoins managed to grow this weekend. Story (IP), Eos (EOS), Hedera (HBAR), Mantra (OM) and Cosmos Hub (ATOM) are in the red today.
Sensationally, Toncoin ($TON), the core native cryptocurrency of the $TON blockchain, is also down by 1.1% despite the net crypto capitalization growing.