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Meme Coin Mania: WIF, PEPE, and BONK Join POPCAT in Price Rally to New Heights

Meme Coin Mania: WIF, PEPE, and BONK Join POPCAT in Price Rally to New Heights

CoineditionCoinedition2024/10/06 16:00
By:Abdulkarim Abdulwahab
  • POPCAT hits a new all-time high and surpasses FLOKI in market cap.
  • MOG Coin and WIF show significant price increases, with MOG rising by 22.3%.
  • The overall crypto market cap rose to $2.3 trillion, with Bitcoin climbing 2.0% to $63,303.

Popular meme coins WIF, MOG, POPCAT, PEPE, and BONK are experiencing substantial price increases today. Remarkably, POPCAT has broken a new all-time high and temporarily flipped FLOKI in market capitalization.

This surge reflects growth in the meme coin market, with the total market cap rising 8.9% in the last 24 hours to $54.9 billion and a trading volume of $9.25 billion.

POPCAT Surpasses FLOKI

POPCAT saw a remarkable rise of 18.4% today, pushing its price to $1.458, marking a new all-time high. This surge allowed it to surpass FLOKI in market cap, which is the leading meme token on the BNB Chain.

FLOKI currently trades at $0.0001413, reflecting a 5.3% rise in the last 24 hours. Its market capitalization of $1.36 billion now trails behind POPCAT’s $1.4 billion.

Other Performing Meme Coins

MOG Coin is also performing well, rising by 22.3% to a price of $0.00000175. This impressive gain reflects the increasing traction MOG Coin is gaining in the market. Likewise, WIF has seen a significant rise of 20.7%, reaching $2.70, and has increased by 75.6% over the past month.

Also, PEPE has posted a gain of 14.0%, trading at $0.0000106. This upward trend is part of a broader movement in the meme coin sector, which has seen renewed interest. Based on a popular internet meme, PEPE has attracted a dedicated following due to its community-driven initiatives.

Meanwhile, BONK achieved a 12.0% rise to $0.00002289, maintaining a solid market cap of approximately $1.9 billion. As the premier meme coin on the Solana blockchain, BONK gained prominence following an airdrop frenzy in the last quarter of 2023.

The rise of these coins coincides with the entire cryptocurrency market reaching a total market cap of $2.3 trillion, increasing by 1.1% in the last 24 hours. Bitcoin has also risen by 2.0% in the same timeframe, reaching $63,303.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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