TL;DR
The meme coin sector has seen a significant resurgence, with top coins Dogecoin and Shiba Inu up by 7% and 8%, respectively, and others witnessing over 20% gains.
The total market capitalization of the cohort briefly surpassed $55 billion, although it is known for rapid and often volatile price changes.
Meme Coins Surge
The meme coin sector has experienced a substantial revival in the past 24 hours, with numerous assets moving well into green territory. The leading ones by market capitalization – Dogecoin (DOGE) and Shiba Inu (SHIB) – are up by 7% and 8%, respectively.
However, many others have outshined them with much more impressive gains. The frog-themed Pepe (PEPE) soared by over 20% and hit a new all-time high price. As of the moment, it is the third-largest token in the realm, with a market capitalization of approximately $4.3 billion.
PEPE Price, Source: CoinGecko
Floki Inu (FLOKI), Popcat (POPCAT), and MAGA (TRUMP) have also climbed by double digits. On the other h
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