The cryptocurrency market is recovering from the recent sell-off. Bitcoin (BTC) has reclaimed the $63,000 level after falling to $54,000 a few weeks ago. Memecoins in particular are seeing a massive surge in the latest bull market. Popular memecoins are posting double-digit gains, outperforming major crypto projects like Bitcoin and Ethereum.
With that said, let’s take a look at three meme coins worth watching this week.
Top 3 Cryptocurrencies to Watch This Week
POPCAT:
Popcat (POPCAT) is the latest memecoin to take the crypto world by storm. The coin recently entered the top 100 projects by market cap and is currently the best performing asset among the top 100 projects. Popcat is up 5.7% on the daily chart, 61.6% on the weekly chart, 37% on the 14-day chart, and over 196% over the previous month.
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Memecoin is based on the “popcat” meme from October 2020 but only recently made its crypto debut. The coin is quickly rising up the charts and could prove to be a strong contender in the meme crypto space.
Baby (PEPE):
Pepe is also outperforming major cryptocurrencies in the market. Pepe is down 1.1% from the previous month, but is up over 20% in the last day, over 25% on the weekly chart, and 1.8% on the 14-day chart.
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The asset has seen massive growth since its launch in April 2023. Pepe is up over 621% on the year-to-date charts.
Dog Hat (WIF):
WIF is another coin that is currently experiencing a massive surge. The coin is up over 19% in the last 24 hours and 24.3% on the weekly charts. WIF continues to glow red on the 14-day and monthly charts, where it is down 4.8% and 13.7% respectively.
