The largest meme cryptocurrencies are outperforming the market benchmark yet again, while some lesser-known coins secure their spots in the top league. Meanwhile, Dogecoin (DOGE) replaces Toncoin (TON) as the ninth largest cryptocurrency and Pepe (PEPE) blasts past Polygon (MATIC).
Bonk (BONK) is another top gainer in the meme coin sphere with its 10.4% overnight upsurge. Its cap is back above $2.18 billion; the token is close to surpassing Optimism (OP) and Sui (SUI) and entering the top 50 cryptos by market cap. The largest meme coins, however, are sending mixed signals to investors despite being in green. Some of them, including Shiba Inu (SHIB), Dogwifhat (WIF) and Book of Meme (BOME), are underperforming compared to the market benchmark.
The net capitalization of the crypto segment added 3.7% in the last 24 hours, while SHIB, WIF, BOME are up by 0.5-2.5% each.
Solana, Base meme coins outperform crypto market:
In total, the segment of meme coins added 5% overnight. However, some of its most volatile subclasses are posting more impressive gains. Thanks to POPCAT, MEW and MOG rallying, the cat-themed meme coin group is up by 15%. Solana's meme coin sphere is up by 10%. Thanks to the positive performance of Based Brett (BRETT), the Base meme coin group logged 7.8% and also outperformed the market significantly. Bitcoin (BTC), the largest cryptocurrency, is up by 2.6%; the orange coin is changing hands at $66,467 after touching the local high over $67,400.
