This week, Dogecoin is very popular, but these Meme coins are surging even more.
Dogecoin has become a hot topic due to its sky-high rise, but as the heat fades, the performance of other Meme coins in the past week has been more eye-catching.
Recently, $DOGE has been skyrocketing. After Elon Musk announced that he would stir things up after the elections, the price surged to a three-year high. There’s also a meme about the "Department of Government Efficiency" (D.O.G.E.) linked to Donald Trump.
However, after Dogecoin was popular for a while, it has recently declined a bit. In contrast, the increases of other Meme coins in the past seven days have been much larger.
Among the top 100 Meme coins by market cap, Dogecoin's weekly increase ranks only 57th, with a rise of 14.7%. There’s a token called Solana, inspired by Dogecoin, and it has performed even better, rising by 82.5%.
Other Meme coins have also seen significant increases. For example, Pepe ($PEPE ) has increased more than four times that of Dogecoin, with a rise of 65.8%.
Although Pepe has surged, its market cap is still low. After this rebound, Dogecoin's market cap is approaching 55 billion, while Pepe is still under 9 billion.
Also, Base Network's Brett and Solana's Idiot have both surpassed Dogecoin, with increases of 41.4% and 80.8% respectively.
However, compared to this week's big winners, these are nothing.
The AI Meme coin ai16z has surged by 693.9%; a newly listed futures trading coin on Binance called Comedian (BAN) has risen by 356.5%; and there’s one called Squirrel Peanut (PNUT), which commemorates a recently deceased TikTok pet influencer, and it has risen by 310%.
That said, investing in these low-liquidity tokens needs caution. The lower the market cap, the greater the slippage risk.
The test of a bull market is not only about the rise and fall of prices but also a test of our mentality. Facing changes in our accounts, we need to stay rational. Next, I will announce the potential tenfold coin! It’s better to grasp than to guess! Like + comment, feel free to share.