Driven by Bitcoin’s rise above $113,000, major meme cryptocurrencies have recorded significant gains across the board. Dogecoin (DOGE) climbed to $0.186 while PENGU surged 29% to $0.019 and Fartcoin rose 12.5% to $1.21.
The combined 24-hour trading volume for these top meme coins exceeded $4.5 billion, highlighting intense market activity. Other notable performers include Dogwifhat (WIF) and Bonk (BONK), which both posted double-digit price jumps that collectively lifted the meme coin category by 10% overall.
Solana-based tokens Peanut the Squirrel (PNUT) and Popcat (POPCAT) extended the trend with gains of 22% and 16% respectively. Analysts note continued market volatility, citing potential for substantial returns alongside inherent investment risks as trading momentum persists.