Amid dismal performance by the main “serious” segments, large-cap meme coins are surging again. A mid-cap meme cryptocurrency on the Base blockchain has quadrupled in the past seven days. Top performing popular meme coins: WIF, PEPE, FLOKI surge again Among the top 100 cryptocurrencies by market cap, two meme coins have managed to rank among the top 10 performing cryptocurrencies.

Last week, commenting on the next phase of the memecoin craze, Bloomberg said the ridiculous cryptocurrency asset was “making a comeback.” Dogwifhat (WIF), the most popular Solana (SOL) meme coin, is up more than 7%, while the price of Pepe (PEPE) is up 6.5% in the past 24 hours. Floki (FLOKI) has also been strong in the short term. The gains for mid-cap meme coins have been even more impressive. The meme cryptocurrency segment on the Ethereum L2 platform Base has seen a 35.6% increase in capitalization. Its flagship coin DEGEN soared 60% in 24 hours, pushing the weekly increase to more than 400%. Less than three months after its launch, the token’s market capitalization reached $650 million. Dogwifhat (WIF) Price Doubles in a Week, Market Cap Hits $5 Billion Level In particular, Dogwifhat (WIF) became the focus of meme coin fans last week. Its market capitalization surpasses that of Arbitrum (ARB), the dominant player in the Ethereum L2 space. Additionally, it was once among the top 30 assets by market capitalization. Soon, it was replaced by Cosmos (ATOM), but now WIF only needs to add 2% to the price to eclipse the established cross-chain protocols. The rest of the cryptocurrency market was dismal, with gains of 0.5% overnight.$BOME $WIF