😆 The prices of memecoins surged sharply after the cryptocurrency market crash

On August 6, 2024, a day after Bitcoin fell below $50,000, most memecoins regained their lost positions, increasing by 20% or more.

🐸 One of the leaders in growth was Pepe (PEPE), which rose by more than 26%, according to CoinMarketCap. At the time of writing, PEPE is still trading below $0,00001, with a market capitalization of around $3.22 billion. Over the past seven days, the asset's price has dropped by nearly 35%.

Another memecoin, BONK, launched on the Solana network, rose by 21% and is trading at $0.00001925. The asset's market capitalization is estimated at $1.3 billion.

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