TL;DR
A meme coin on the Bitcoin network saw its value increase substantially, reaching an ATH of over $70.
The field is experiencing significant gains but comes with high volatility, posing risks of crucial losses alongside potential profits.
The meme coin sector is a top trending topic during this bull cycle due to numerous such assets whose prices skyrocketed in a short period of time.
One evident example is the recently emerged PUPS (ORDINALS). Its valuation exploded by almost 1,000% on a weekly scale and a whopping 2,800% in the past month, reaching an all-time high of over $73 (per CoinGecko’s data) on April 12.
PUPS Price, Source: CoinGecko
PUPS’ market capitalization surged above $500 million, making it the 12th biggest in its cohort.
The asset is the first meme coin on the Bitcoin network. It is wholly governed by the community, emphasizing meme-based engagement over practical applications.
PUPS is not the only token of that type to make the headlines as of late. Shiba
We współpracy z: https://cryptopotato.com/this-bitcoin-related-meme-coin-explodes-by-almost-3000-in-a-month-details/
