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In a remarkable price climb, meme coins PEPE and Dogwifhat (WIF) have surged over 25% in a single day.

Dogwifhat price is in the green amid a remarkable comeback by the bulls on the second day of the week. In addition to a 20% drastic increase in price, WIF flaunts a 25% surge in one week to trade at $2.15.

PEPE is today's top performer, followed by OM and WIF.

Meme coins, led by Pepe (PEPE), are experiencing a significant resurgence with double-digit gains and increased trading volumes

Meme coins are once again at the forefront of the crypto market, driven by Bitcoin's recent recovery, which is positively impacting major crypto categories.

The crypto market is steadily reviving from its turbulence phase with increased trading activity from last week. The overall market has grown 10% in the last 7 days when traders seem to pop out of the consolidation period and enhance trading activity. Bitcoin price moved 12.

As the Bitcoin price reclaimed the crucial resistance zone at $63,800, the markets, specifically the memecoin, have turned extremely bullish. After the BTC price surged from the consolidation below $60,000, the top memecoins failed to demonstrate their strength, which made the market participants uncertain and furious as the PEPE price failed to reclaim $0.00001.

The injection of positive volatility sent memecoins rallying Monday, with coins from the sector emerging as the cryptocurrency market's biggest gainers. What Happened: Frog-themed Pepe was the best-performing cryptocurrency in the last 24 hours, with gains upwards of 25%.

The numbers are in for the best performing cryptocurrencies of this bullish year we're in, and it is NOT Bitcoin or Ethereum. It's the meme coins.

The crypto market is on the up over the last week or so, with Bitcoin rallying more than 15%, and some altcoins doing even better. A pull-back may be on the cards in the short term, but once this is over, $SOL, $BNB, and $WIF, have the potential to be excellent plays going into the next weeks and months.

The cryptocurrency market concluded the first half of July with a bullish trend, as Bitcoin reclaimed the $62,000 mark, having traded below it for nearly two weeks. This recovery began to pick up last Saturday when Bitcoin was relieved from intense selling pressure by the German government.

Pepe and Dogwifhat are associated with meme coins, which adds an intriguing new dimension to their digital legacy. Both individuals have been prominent personalities in the culture of online memes.

The rapid rise of meme coins can be attributed to their viral nature and the strong communities behind them.

Here is how some of your favorite assets concluded the week.

Pepe and Dogwifhat have been notable figures in internet meme culture, and their association with meme cryptocurrencies adds a fascinating layer to their digital legacy. Pepe (PEPE) is a fresh entrant on the Ethereum blockchain.

Following a week of losses, the meme coin market has witnessed a notable rebound.

Solana-based memecoins had an incredible run in 2024 and have become a popular blockchain for memecoin development. The blockchain is home to a few giants, including Dogwifhat ($WIF) and Bonk ($BONK), as well as newcomers such as Husky Inu ($HINU).

Out of a $2.15 trillion market capitalization, the memecoins hold a significant share of over $42 billion, with a decent trading volume of around $3 billion to $5 billion. The start of the year witnessed a notable rise, which was led by a popular memecoin, Pepe.

A flippening on the memecoin front could have major consequences.

The crypto markets appear to be recovering as Bitcoin price rises above $59,000. This move appears to have extracted maximum liquidity as the volumes of the popular memecoins have drained by more than 40%.

Bitcoin (BTC) has bounced back after falling to a day low of $53,591 on Friday and is moving towards $60,000. However, analysts have warned that markets will remain volatile for the foreseeable future.

Bitcoin (BTC) is under significant selling pressure, largely due to actions from the German government and the impending refunds from the Mt. Gox exchange.

The dog-themed meme coin, Bonk Inu (BONK), has seen a significant price increase over the past 24 hours, reaching a one-month high of $0.00002698. The meme coin's price jumped 10%, coinciding with the broader market rally, resulting in Bonk Inu becoming the largest meme coin by market capitalization in the Solana ecosystem, surpassing Dogwifhat (WIF).

Cryptos to Buy: Since last weekend, the crypto market has projected a sluggish trend following the consolidation in BTC above $55000. The sideways trend in most major coins indicates the market momentum stabilizing after the recent correction.