Saturday’s trading session witnessed a surge in bullish sentiment across the cryptocurrency market, propelling the overall market cap by a significant 7.77% to reach a staggering $2.37 trillion.
Amidst this bullish wave, meme coins experienced a remarkable 16.7% uptick in the past 24 hours, boosting the sector’s value to $57.7 billion, according to data from CoinGecko.
Leading the pack of big-cap meme coins was Dogwifhat (WIF), a Solana-based cryptocurrency launched on November 20, 2023. WIF recorded an impressive 23% surge in the last 24 hours, accompanied by a notable 28.65% increase over the past week.
Currently trading at $3.37, WIF boasts a market cap exceeding $3.4 billion, placing it fourth among meme coins and 33rd overall in the crypto market.
Floki (FLOKI), another dog-inspired token, witnessed a substantial price surge to $0.0001994, marking a noteworthy 21.58% increase over the past 24 hours.
Additionally, Floki recorded an 18.11% surge over the last seven days, maintaining its upward momentum since its launch in September 2021.
Meanwhile, Dogecoin (DOGE), introduced in December 2013, saw its price surge by an impressive 20.27% in the last 24 hours, currently trading at $0.159.
Like Dogwifhat and Floki, DOGE continued its upward trajectory over the past week, registering a significant 10.46% increase in price.
Other meme coins also witnessed double-digit gains, with Shiba Inu (SHIB) surging by 11.98% and Pepe (PEPE) experiencing a remarkable 16.69% increase over the past week.
Bonk (BONK) also saw its price rise by 11.51% in the last 24 hours, reaching $0.00002915.
