According to U.Today, amid the pale performance of major cryptocurrencies, large-cap meme coins are surging again. Two meme coins managed to jump into the top 10 best performers ranking among the 100 largest cryptocurrencies by market capitalization. Dogwifhat (WIF) added over 7%, while Pepe's (PEPE) price increased by 6.5% in the last 24 hours. Floki (FLOKI) also demonstrates strong performance in the short term.
Mid-cap meme coins registered even more impressive gains. The segment of meme cryptos on Base, an Ethereum L2 platform, witnessed a 35.6% capitalization increase. Its flagship coin DEGEN spiked by 60% in 24 hours, pushing the weekly increase over 400%. Less than three months after launch, the token accomplished a $650 million market capitalization. Dogwifhat (WIF) was in the spotlight for meme coin fans in the last week, doubling its price and eyeing a $5 billion market capitalization level. It managed to surpass Arbitrum (ARB), a dominant Ethereum L2, by market cap and briefly jumped into the top 30 assets by market cap. The rest of the crypto markets demonstrate pale performance with 0.5% overnight growth.