DOGE, SHIB, PEPE surge amid Bitcoin bull run

How long will it take for the next market cap to hit $100B?

The Shiba Inu price also gained bullish momentum, with its value surging by 2.6%. Currently, it is trading at $0.00002906.

However, PEPE is the biggest gainer among these cryptocurrencies, with its value surging by double digits.

The price of Meme Coin surged by more than 13% in the past 24 hours, trading at $0.000007902 with a market cap of more than $3.32 billion.

Meanwhile, IntoTheBlock posted a tweet mentioning the gains of these meme coins this year. According to the tweet, while the price of DOGE doubled in 2024, the price of SHIB increased by 2.5 times and the price of PEPE increased by nearly 5 times.

This surge pushed the market cap of Meme Coin to $65 million. If the price continues to rise, the market value of Meme Coin is expected to reach $100 million by the end of 2024.

Will Meme Coins Continue to Rise?

In order to understand whether the above meme coins will continue to push their prices higher, AMBCrypto checked their on-chain data.

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