Discover the top-performing meme coins in the crypto market surge, including PEPE, BONK, SHIB, FLOKI, and DOGE. Explore their recent gains and potential for future growth.
The recent surge in cryptocurrency values, largely attributed to the anticipation surrounding the Bitcoin (BTC) halving event, has not overlooked the unconventional players in the crypto realm – meme coins.
Indeed, several notable meme coins have experienced significant gains in the past week, with data from X by Santiment indicating an astonishing 3,000% increase in trading volume for many of them.
In light of this remarkable surge, Finbold has identified the top 5 meme coins that have emerged as some of the highest gainers in the market over the past 7 days, providing potential opportunities for savvy crypto investors.
Pepe (PEPE)
Pepe (PEPE), which rose to fame almost a year ago and created a wave of millionaires, is once again capturing attention amidst the ongoing crypto market rally. Surpassing its previous all-time highs after a period of dormancy, PEPE has seen a surge in trading activity over the past week, recording an impressive gain of 423.11%.
PEPE's current price stands at $0.000007136, marking a 37.92% increase in the last 24 hours. With its recent performance and the overall bullish trend in the crypto market, Pepecoin shows promising potential for further growth.
Bonk (BONK)
Bonk (BONK), the original meme coin on the Solana (SOL) blockchain, has garnered attention not only due to its association with Saga smartphones but also for its independent surge in value. Ranked as the fourth-highest gainer in the crypto market over the past 7 days, BONK has witnessed a remarkable 172.05% increase.
With BONK currently priced at $0.00003239, reflecting a 31.46% increase in the last 24 hours, the ongoing development of a new Solana smartphone by the mobile team adds further potential for growth in the coming months.
Shiba Inu (SHIB)
Shiba Inu (SHIB), perhaps the most renowned joke-based cryptocurrency globally, has closely followed BONK's upward trajectory in the past week. Currently ranked as the fifth-highest gainer in the crypto market, SHIB has surged by 168.49%.
Similar to BONK and FLOKI, SHIB's recent price performance indicates ongoing momentum, with a 24-hour increase of 20.90% and a current price of $0.00002585.
Floki (FLOKI)
Floki Inu (FLOKI), inspired by the shiba inu dog and Gustav Skarsgard’s Vikings character Floki, has demonstrated significant success over the past 7 days, recording an impressive 312.81% increase.
Despite notable volatility, FLOKI has maintained strong performance, with a 13.49% increase in the last full trading day and a current price of $0.0001502. The recent achievement of a record total value locked (TVL) further solidifies FLOKI's position as a compelling investment option.
Dogecoin (DOGE)
No discussion of meme coins would be complete without mentioning Dogecoin (DOGE), which has also experienced a surge in tandem with the broader meme coin rally.
Ranked seventh among the top-performing cryptocurrencies of the past week, DOGE has witnessed a significant 90.06% increase in value.
DOGE's 24-hour performance further underscores its upward momentum, with a 19.53% increase and a current price of $0.1609.
Conclusion
The recent performance of meme coins, coupled with the prominence of the listed assets, underscores their significant presence in the crypto market. Despite recent surges, these five cryptocurrencies are poised for continued growth, driven by upcoming developments such as the Bitcoin halving and potential interactions between Dogecoin advocate Elon Musk and the asset class, especially given their origins as internet jokes.
Disclaimer: This content does not constitute investment advice and should be viewed as speculative. Investing carries inherent risks, and investors should exercise caution.