**Crypto Market Sees Memecoin Surge**
In the past month, memecoins have experienced a significant rally, with top tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF) showing double-digit gains.
- **Neiro on Ethereum (NEIRO)**: The standout performer, skyrocketing over 3,330% in 30 days and 63% in the past week.
- **Popcat (POPCAT)**: Up 137% monthly.
- **Mog Coin (MOG)**: Increased by 102%.
Other notable gains include DOGE, SHIB, and PEPE, which rose 11.8%, 32.8%, and 38% respectively, with WIF climbing 63%.
**Market Dynamics**:
- **Market Cap**: Memecoins' market cap surged 34.7% to $48 billion.
- **Trading Volume**: Daily trading volume hit a high of $8.6 billion on Oct. 2, up from $2.7 billion on Sept. 8.
Data from Dune shows weekly transaction flows across blockchains like Ethereum, Solana, and Tron increased by 161.7%, indicating strong demand.
**Note**: This is not investment advice. Always do your own research before making financial decisions.