Meme coins are gaining community traction after several tokens rebounded to 100X gains last week. Experts point to several ecosystems, including Solana and Cardano, as the focus shifts to these highly volatile assets. Bitcoin’s rise to all-time highs has changed market dynamics, sparking similar optimism in altcoins and tokens. The total market capitalization of the meme coin is $124 billion, an increase of 2% from intraday trading. In the same period, the cryptocurrency market jumped by 1.6%.
Meme Coins Post Triple-Digit Gains
Over the past 24 hours, several bulls have provided analysis on the tokens for 100x gains. Among the leading meme coins, HahaYes is among the top gainers, with a 612% rise. This rises to weekly and monthly numbers of over 1000% as the community moves towards the asset. HahaYes’s market cap is $46 million, while its daily trading volume is $38 million.
Wild Goat Coin (WGC) is next in meme coins, posting over 100X today. These flows have led users to expect a similar number this week. WGC is trading at $0.000642, posting an impressive 516% upside today and 555% inflow in the past seven days. The market capitalization is lower at $4.4 million, while daily trading volumes are $465,000.
Urolithin (URO) is the third asset to make huge gains today. Despite being a new asset, URO has attracted bullish attention in a short period. While the market continues to push into the green zone, some analysts point to a correction if macro factors change. The URO price has risen by 226% in the last 24 hours.
What’s next for meme coins?
In the last 30 days, meme coins have outperformed the market as expected. This is due to the volatility recorded in these assets as whales hope to make quick gains. Recently, some traders have made huge gains in meme coins after the listing and growth patterns. The huge attraction of crypto assets is playing a role in the positive movement in meme currencies, drawing commentators into more challenging directions.
“It seems we have entered a new phase of the memecoin cycle, as Litecoin is now launching its memecoins on the Solana network, starting with $LESTER. The move highlights a major expansion in the memecoin space, as traditional currencies look to pick up momentum. Solana has become the platform of choice for these types of projects, and Litecoin is leading the way. Xlio encryption Marked with an X.