Meme Coins POPCAT, BONK on Fire With Double-Digit Gains Overnight
Release: 2024/07/21 00:46 Reading: 977
Headline: The Rise of Meme Cryptocurrencies: Top Performers Surge
Body:
The meme cryptocurrency market continues to captivate investors, with notable gains among several coins.
Popcat (POPCAT):
- Surged 12.8% in 24 hours, reaching nearly $900 million in market capitalization.
- Ranked among the top 100 cryptocurrencies on CoinGecko.
- Outperformed peers like Neo, BitTorrent, and Akash Network in weekly gains.
Bonk (BONK):
- Climbed 10.4% overnight, increasing its market cap to over $2.18 billion.
- Nearing the top 50 cryptocurrencies by market cap.
Market Performance:
- The broader meme coin segment gained 5% overnight.
- Cat-themed meme coins, led by Popcat, rallied by 15%.
- Solana's meme coin sphere experienced a 10% surge.
- Based meme coins, including Based Brett, contributed to a 7.8% increase.
Bitcoin (BTC):
- Remained positive, rising 2.6% to $66,467.
- Reached a local high of $67,400 before a slight retreat.
Conclusion:
Meme cryptocurrencies continue to demonstrate their resilience and profitability, with Popcat, Bonk, and others leading the pack. Solana and Base meme coins have also surpassed the overall market performance, highlighting the growing popularity of this emerging asset class.
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