After the halving, meme tokens began to be in great demand.

After the halving in the Bitcoin network, which took place on April 20, meme tokens again began to be in great demand. Instead of investing money in bitcoins, many traders chose to invest in meme-based cryptocurrencies, so their total value increased by 11% last year e day and reached $54.7 billion. Among these coins, Bonk (BONK) turned out to be the leader in terms of rate increase, having risen in price by 42% over the last 24 hours. The second place was taken by Popcat (POPCAT), which added 35% in price, and the top three was closed by MOG Coin (MOG), whose rate soared by 24%.

Top 5 meme tokens by rate of increase in price The leading meme-based cryptocurrencies in terms of capitalization level Dogecoin (DOGE), Shiba Inu (SHIB) and Dogwifhat (WIF) also increased in price, but not so much . The SHIB rate increased by 26%, WIF – by 10%, and DOGE – by 5%. It is noteworthy that, even despite DOGE Day, which coincided with Hemp Day, which was celebrated on April 20, the king of meme tokens failed to attract a large volume of investments . The incredible popularity of Bonk can partly be explained by the holding of the Cruto Fight Night 4 tournament in Dubai on April 19. The startup BONK sponsored this competition and advertised the cryptocurrency brand during the competition.

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