Monthly Market Review: WIF, PEPE, FLOKI, JASMY, AR

February was another notable month in the crypto space, with the recent Bitcoin ETF inflows and the wait for an, significantly contributing to this. While several significant altcoins failed to capitalize on the ETF hype, many other tokens rode the bull wave brought along with it.

Dogwifhat Price Review

Dogwifhat (WIF) is one example of a token that had a remarkable month, with the meme coin experiencing a six-fold surge over the period as per coinmarketcap stats. The Dogwifhat price has recorded a 532% surge over the period, holding a spot price of $1.64 as of press time.

The surge in Dogwifhat is a sign of a broader trend. The meme coin market has been getting hotter again over the past month. Driven by speculation, influencers and regular investors are reinvesting in these high-risk assets.

Pepe Price Review

Pepe (PEPE) is our second example of a token that had a remarkable month, with the meme coin experiencing a four-fold over the period to join the meme coins frenzy. The Pepe price has recorded a 608% surge over the period, holding a spot price of $0.000006624 as of press time.

The Pepe price surge can also be attributed to the ongoing meme coins season. With the recent meme coin performances, Pepe recently achieved $2 billion in market cap confirming intensive interest in the meme coin over the last month.

FLOKI Price Review

FLOKI (FLOKI), yet another meme coin, is our third top gainer of the month, with the meme coin also experiencing a four-fold over the period to join the meme coins frenzy. The FLOKI price has recorded a 443% surge over the period, holding a spot price of $0.0001523 as of press time.

FLOKI’s remarkable month can be attributed to the surge in Total Value Locked (TVL) on FLOKI. Earlier today, the Total Value Locked (TVL) in Floki hit $378.8 Million, a new All-Time High for the meme coin’s community.

JasmyCoin Price Review

JasmyCoin (JASMY) is our fourth top gainer of the month, with the meme coin also posting a remarkable price increment over the period. The JasmyCoin price has recorded a 397% surge over the period, holding a spot price of $0.02536 as of press time.

The rising attention on JasmyCoin has played a pivotal factor in the surge in price over the period. JasmyCoin is approaching 63k wallets, a number 3,500 more than the initial number of wallets when the new year started.

Arweave Price Review

Arweave (AR) wraps up our month’s top gainers list, with the altcoin also posting a remarkable price pump over the period. The Arweave price has recorded a 248% surge over the period, holding a spot price of $39.78 as of press time.

The recent Arweave price surge can be directly linked to the launch of Arweave AO. With this new project, the goal is to make the system much more scalable and computer-friendly. This revelation has since seen increased attention on AR attributed to this surge.