Meme Coins Continue to Rise.
The meme coin market has seen significant growth since the emergence of DOGE, which began as a joke. Many meme coins have been created since then, but Dogecoin continues to gain ground in terms of market cap, showing signs of renewed enthusiasm from time to time.
Other meme coins are also attracting a lot of interest. According to Santiment, SHIB, PEPE, FLOKI, and BONK have seen their trading volume increase by over 3,000% in the last week. The online analytics platform attributes the increase in trading volume to rising prices and increased community interest.
SHIB, PEPE, FLOKI, and BONK have risen by 277%, 256%, 204%, and 145%, respectively, over the last seven days, outperforming DOGE in that period.
