While Bitcoin Rising, Meme Coins Overtook Other Cryptocurrencies!

Meme coins continue to be the favorite of the cryptocurrency market.

With the announcement of the USA's Consumer Price Index (CPI) data, there was an increase in the cryptocurrency market in general, including Bitcoin. However, the biggest increase was again seen in meme coins.

While Pepe (PEPE) reached its all-time high on May 15, meme coins such as Floki Inu (FLOKI), Bonk (BONK) have increased by nearly 20% in the last 2 days.

Making a statement on the subject, experienced analyst DonAlt offered a reverse perspective and stated that the meme coin season may be over, but everyone should still have some such assets in their portfolio:

I personally believe tits are over, the rest of the market may recover from this, but if your portfolio is on the 10th iteration of a dog or cat I expect tits to make rug GL giga.