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- BONK surged 10.9%, leading the meme coin rally.
- FLOKI rose 5.28% and is now trading at seven-day highs.
- BRETT increased 3.16% in value amid the popularity of Solana-based meme coins.
Meme coins are experiencing a resurgence, with significant gains in the past 24 hours. Leading tokens Bonk (BONK), Floki (FLOKI), and Brett (BRETT) have spearheaded the bullish momentum after a few days of sluggish movement.The meme coin market capitalization currently stands at $48 billion, according to CoinMarketCap data. (DOGE) and (SHIB), two dog-themed meme coins that gained widespread popularity in 2021, continue to lead the sector in terms of market cap. The trading volume of the meme coin sector has surged to $3.49 billion.The top performer in the meme coin sector is Bonk (BONK), the first dog-themed coin on . BONK has surged 10.9% to a current price of $0.00002629. The token’s volume stands at $341 million, and its market capitalization is $1.79 billion. BONK is also nearing entry into the list of the top 50 digital assets by market cap, currently ranked at 51.The BONK chart indicates that the meme coin is attempting a rebound, aiming for the $0.00004 price level. The relative strength index (RSI) stands at 54.6, suggesting a balanced battle between bulls and bears.Floki (FLOKI) surged 5.28%, hitting a price tag of $0.0001811, and reaching its seven-day high. However, the meme coin is still lower than its monthly high of $0.0003 and is down 27.24% in the past 30 days. The RSI for FLOKI reads 45.4, confirming that the bears are still exerting control.Finally, the BRETT token rose 3.16%, and its price at the time of publication is $0.1667. The trading volume of the token dropped 4.84%, while its market cap stands at $1.65 billion, making it the 55th largest digital asset.
The meme coin is up 8.87% in the last week, 65.41% in 30 days, and 331.04% since July 2023, significantly outperforming DOGE and SHIB, which have risen 84.26% and 128.18% since July last year. Notably, Solana-based meme coins like BRETT, BONK, and Book of Memes (BOME) have been experiencing a recent surge in popularity.
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