Saturday's price action speaks to bullish momentum and renewed interest in digital assets, with the broader cryptocurrency market capitalization increasing by a remarkable 7.77% to a staggering $2.37 trillion. It's being pushed up.
The meme coin market was not left behind either, registering a 16.7% rise in the past 24 hours, giving the sector a value of $57.7 billion, according to CoinGecko.
Things to note are:
dogwifat
Leading the pack of large meme coins was Dogwifhat (WIF).
The Solana-based cryptocurrency, which was launched on November 20, 2023, has soared an impressive 23% in the past 24 hours, and an impressive 28.65% in the past week.
Currently trading at $3.37, WIF has a market capitalization of just over $3.4 billion, ranking 4th among meme coins and 33rd in the overall crypto market.
Flowki
The price of Floki (FLOKI), another dog-inspired token, has soared to $0.0001994, marking a notable increase of 21.58% in the past 24 hours.
Furthermore, Floki price has increased by 18.11% in the past 7 days.
And the dog-themed meme coin, launched in September 2021 following a viral tweet by Tesla CEO Elon Musk, continues to show sustained upward momentum.
The green change is evident on Floki's 14-day price chart, which shows an increase of over 44%.
dogecoin
Dogecoin (DOGE), another dog-themed digital asset, has gained a whopping 20.27% in the past 24 hours.
Introduced in December 2013, this digital asset is currently trading at $0.159.
According to CoinMarketCap, over the past week, DOGE has continued its upward trajectory, similar to Dogwifhat and Floki, with its price registering a significant 10.46% increase.
This surge in value was also seen over a 14-day period, with the meme coin gaining 4.4% compared to two weeks ago. However, he is still down 12.3% in 30 days.
Not to be outdone, other meme coins have also posted double-digit gains in the past 24 hours.
Shiba Inu (SHIB) has soared 11.98% to trade at $0.00002553, while Pepe (PEPE) has experienced a notable increase of 16.69% over the past week.
BONK also increased in price by 11.51% in the past 24 hours, reaching $0.00002915.
