Watch Those 3 Meme Coins This Week!

Meme coins have been on a huge rise lately and are starting to attract the attention of investors. According to experts, apart from DOGE, SHIB, there are three meme coins worth checking out this week: Dogwifhat (WIF), BONK and PEPE. Here are the details…

This week, check out those 3

According to cryptocurrency writer Jose Oramas, meme coins have begun to experience their best time. This week, three in particular will stand out. Primarily Solana-based memecoin Dogwifhat (WIF) exploded 43% on Monday with a sudden price increase, recording over $90 million in trading volume across multiple exchanges, including DEXs. WIF is trading at $0.54 at the time of writing and is witnessing a 190% increase in trading volume.

But this is not just limited to WIF, other popular memecoins are also trading in the green. They’ve been making big gains, especially in the last 24 hours, and are perhaps worth watching throughout the week. BONK, another Solana-based memecoin, saw a notable increase on Monday and Tuesday, rising 16% to trade at $0.00001391 at press time.

Has interest in meme coins revived?

Overall, the memecoin market appears to be gaining renewed traction after weeks when BTC was at the forefront. For example PEPE, According to data, it is traded at $0.000002115, with a 250% increase in trading volume and a 50% increase. WIF, PEPE, and BONK look like the top three meme coins to watch in the coming days. But others are also making significant gains.

FLOKI, which originally started as a meme token and now powers the Floki ecosystem, is one of the top gainers, up 19% and 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, is up nearly 85% on the week, with an additional 18% on Monday. It exploded. The coin is worth $5.75 at the time of writing.

DOGE and SHIB are also in the green zone

The two “heavyweight” coins in the field, DOGE and SHIB, are also trading in the green zone, but their gains 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. However, meme coins can be quite volatile and investors should be careful.

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