Memecoin Craze: They Set Their Sights On The Top!
In the last 24 hours, when Bitcoin and Ether revived the cryptocurrency market, the prominent category of the day was memecoins.
Bitcoin (BTC) gave a signal of recovery after a long time. The leading cryptocurrency had recently fallen to $ 57,000. BTC, which exceeded $ 64,000 during the day, became a lifeline for altcoins. Especially Ether (ETH) has become an important factor in the inflow of money into altcoins.
Among the altcoins that turned positive and increased the buying appetite, the prominent category of the day was memecoins. Memecoins were the fastest recovering cryptocurrencies.
The memecoin that left its mark on the day was dogwifhat (WIF).
The memecoin craze is back in the cryptocurrency market. With Bitcoin (BTC) rising more than 8 percent in the last 24 hours, memecoins took center stage. Many memecoins left their mark on the day with their sharp rises.
Experts in the crypto industry argue that memecoins are an important factor that provides cash flow to the market. Crypto investors are shifting to memecoins due to the excitement created by the high return and high risk environment. The cash that flows here somehow finds its place in the crypto industry.
According to CoinMarketCap data, the memecoin that left its mark on the day was #dogwifhat (WIF). WIF increased by 23.79 percent in the last 24 hours. The rise of WIF occurred in parallel with other memecoins.
#Dogecoin (DOGE) increased by 20 percent in the last 24 hours, #Pepe (PEPE) increased by 16.97 percent in the last 24 hours, #Floki (FLOKI) increased by 22.32 percent in the last 24 hours and Shiba (SHIB) increased by 11.67 percent in the last 24 hours. .
#Brett (BRETT), the most popular memecoin of the Base network, attracted attention with its rise of 28.16 percent. The list of the most rising memecoins included memecoins from Solana, Ethereum and Base network.
