With a sudden price increase, based in Solana meme coin Dogwifhat (WIF) is up 43% on Monday. In this context, more than $90 million in transaction volume was recorded on multiple exchanges, including DEXs.
WIF, is trading at $0.54 at the time of writing. Additionally, it is witnessing a 190% increase in transaction volume.
Not only WIF, but other popular meme coins are also trading in green. It has made big gains in the last 24 hours and is perhaps worth watching throughout the week.
The coin experiencing an increase is Solana-based meme coin. BONK. Meme coin experienced a significant increase on Monday and early Tuesday. In this context, it increased by 16%. Additionally, it is trading at $0.00001391 at the time of writing.
This Meme Coins Are Exploding
Overall, the meme coin market appears to have seen renewed interest after weeks where BTC was at the forefront and there was almost no movement.
For example PEPEis trading at $0.000002115, up 50% on a 250% increase in trading volume, according to data from CoinGecko.
WIF, PEPE and BONK look like the top three meme coins to watch in the coming days. But others are also making significant gains.
Additionally, FLOKI was up 19%. It is another one of the top earners currently priced at $0.00004336.
Interestingly, MAGA (TRUMP), a meme coin inspired by the “Make America Great Again” political slogan popularized by former US President Donald Trump, has experienced a weekly explosion of nearly 85%, with an additional 18% increase on Monday. The meme coin is worth $5.75 at the time of writing.
On the other hand, two other strong meme coins DOGE and SHIB are also trading in green. But their earnings are smaller compared to the above.
DOGE and SHIB increased by 7% in the last 24 hours.
However, DOGE’s recent price behavior makes some interesting comparisons to its performance in 2020, showing a similar pattern before a massive 28,770% increase.
