Pepe, BONK, and WIF are the Latest Meme Coins to Join $1B Club
Amid the current market worth over the past week, Pepe, BONK, and Dogwifhat (WIF) are the most recent meme cash to surpass $1 billion in market cap. Certainly, the meme coin market at present solely options six tokens throughout the esteemed membership. Furthermore, the latest additions have elevated competitors quite rapidly.
Together with the three newcomers, the $1 billion meme coin market cap membership options mainstays Shiba Inu (SHIB), Dogecoin (DOGE), and Floki Inu (FLOKI), in response to CoinMarketCap. Nevertheless, the three latest entries have catapulted into relevance by means of this current bull run that noticed Bitcoin set an all-time excessive.
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PEPE, BONK, and WIF All Be part of $1 Billion Meme Coin Membership
Initially of 2024, digital asset buyers had excessive hopes. Amid the approval of Spot Bitcoin ETFs in January, there was immense optimism concerning how the business would react. Over the past a number of weeks, that pleasure lastly began to repay, with huge features for a number of property coming to fruition.
Bitcoin (BTC) led the best way, surpassing its earlier all-time excessive of $69,000 this week. But, one improvement that was a nice shock to many was the efficiency of some unlikely meme cash. Moreover, these meme cash—Pepe, BONK, and WIF—have all entered the unique $1 billion membership.
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Certainly, the three beforehand talked about tokens be part of SHIB, DOGE, and FLOKI as the one six meme cash with a market cap above $1 billion. Pepe contains a market cap of $2.8 billion, whereas Bonk’s market cap is at present $1.8 billion. Lastly, Dogwifhat (WIF) has burst onto the scene with a market cap above $1.7 billion.
Over the past week, these three meme cash have seen their market cap figures skyrocket. Particularly, Pepe, Bonk, and WIF have noticed features of 140%, 18%, and 113%, respectively. These sorts of will increase clearly present simply how necessary this previous week has been for these property.
These three meme cash had all entered the $1 billion market cap membership inside every week of one another. But, the most important improve in worth was undoubtedly WIF. The meme coin went from a $300 million market cap to its present place in simply three weeks. Solely time will inform if the three tokens can proceed their present trajectory.