๐ Memecoins are on a wild ride, folks! On Nov. 6, the memecoin market cap hit a seven-month high of $66.72 billion, fueled by Trump-themed enthusiasm. Dogecoin (DOGE) led the charge with a 14.5% gain, while Shiba Inu (SHIB) and Pepe (PEPE) also saw impressive jumps.
- Political memecoins, especially Trump-related ones, soared 17% in market cap, crossing $640 million.
- Trading volumes skyrocketed over 200%, showing intense buy-pressure.
With Trump winning the 2024 election, crypto fans are buzzing with optimism. ๐ค Are memecoins the new political barometer? Share your thoughts below!