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The meme coin niche in the crypto market is rapidly growing as more investors abandon top altcoins to dabble in the segment, hoping to make a fortune. At the moment, three meme coins are taking the crypto market by storm. These are Dogecoin (DOGE), Shiba Inu (SHIB), and Rebel Satoshi ($RBLZ), a new market entrant.
Coinbase, one of the world's leading cryptocurrency exchange platforms, recently announced its plans to incorporate the popular meme token BONK into its roadmap. This announcement, detailed in the platform's blog section, underscores the exchange's commitment to integrating new digital assets onto its platform.
IntoTheBlock's on-chain data reveals that more than half of the PEPE addresses are currently profitable, indicating that they are ‘in the black.'
Despite the recent market correction, BONK is gaining traction after outranking PEPE in terms of market cap.
Bonk, which was launched on Dec. 25, 2022, as a tribute to Sam Bankman-Fried, has seen a massive price growth of 370% in the last month, reaching a market cap of $762 million as of Dec. 8, 2023.
This rapid rise catapulted Bonk's market cap to $762 million, marking a significant growth period for the memecoin, as reported by CoinGecko.
BONK has gained more than 6000% over the last 3 months, making it the most performing mid-cap memecoin in that time.
In a surprising turn of events, the Solana-based dog-themed memecoin, Bonk (BONK), has climbed the ranks to become the third-largest memecoin by market capitalization. This unexpected surge occurred on December 8th, as Bonk's recent price growth soared by an impressive 370% in just the last month.
The dog-themed token has surged to become the third-largest memecoin overall.
During the past week, Solana-based memecoin Bonk has emerged as the standout performer among rivals. The digital asset saw a remarkable 150% increase in value, surpassing the gains of Dogecoin, Shiba Inu, Pepe, and Floki Inu, ultimately reaching an all-time high.
SNEK's price climbed to a 6-month high.
Solana-based memecoin Bonk Inu has skyrocketed over 1000% in the past month to a top 100 market cap, turning an airdropped $10 position into over $11.5K
A Solana-based meme-inspired cryptocurrency called BONK has been outperforming other major memecoins over the last few months, having seen its price skyrocket nearly 2,000% over the last six months to now trade at $0.0000079756 per token. The token was trading at around $0.00000016 back in October before it started surging.
Check now if you are eligible to redeem the memecoin.
In the dynamic world of cryptocurrencies, Dogecoin, the beloved memecoin, is once again in the spotlight. Over the course of November, significant developments have taken place, shaping DOGE's trajectory and catching the attention of crypto enthusiasts and investors alike.
The crypto industry has gained traction as the top tokens are recording new yearly highs frequently with major tokens trading strong above their key resistance levels. On the other hand, memecoins have recorded significant losses in their portfolio as top tokens such as Dogecoin and Shiba Inu have lost approximately 10% each.
The price of the Solana-based meme-inspired cryptocurrency Bonk Inu ($BONK) has surged more than 30% this week after it was listed on leading cryptocurrency exchange Binance, topping off a surge of over 1,200% in the past 30 days.
The crypto market has witnessed a notable rally, especially in the altcoin universe, led by the legendary Dogecoin (DOGE). In a recent observation by cryptocurrency analysis company Santiment, a considerable flow of old Dogecoins has been detected coming from inactive wallets.
A Solana-based meme-inspired cryptocurrency called Bonk Inu ($BONK) has seen its price surge over 2,500% over the past 30 days to the point its market capitalization is now close to $270 million, while its 24-hour trading volume jumped to near $120 million.
Memecoin (MEME), a recently launched crypto meme project, rallied by over 28% in less than five hours to a new all-time high of $0.03760 amid a resurgence of investor interest.
The Grok (GROK) token, unofficially associated with Elon Musk's recently launched AI service, experienced a volatile rally.
A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.
The memecoin was named after Grok, an artificial intelligence endeavor from Elon Musk's xAI announced on Nov. 5.
As the cryptocurrency market sails smoothly at a valuation of $1.4 trillion, bitcoin and ethereum have stabilized, mostly moving sideways. Yet, a handful of virtual currencies enjoyed robust gains on Monday, with memecoin (MEME) soaring 44.28%, leading the charge as the week kicked off.
