The meme coin sector is outpacing the crypto market in terms of growth rates
As of April 21, 2024, the meme coin sector showed significant growth, with its net value increasing by 9.6% compared to the previous day. The economy of such tokens is currently estimated at $55.86 billion, and global trading volume has reached $5.79 billion.
Over the past 24 hours, each of the top 10 meme coins by market value has risen, with BONK and FLOKI at the forefront of the upward movement.
BONK/USDT dynamics on Binance April 21, 2024
BONK gained 41.8% against the US dollar, marking a 39.1% gain over the past week. And while most cryptocurrencies on the market fall weekly, memcoins are an exception.
The only exception in this category is the corgiai token (CORGIAI), which posted a weekly loss but rose 3.8% in Sunday trading. FLOKI added 18.7% and increased its value by 16.9% over the week.
#BONK/USDT #FLOKIUSDT #FLOKI
