Is the Meme Coin Craze Back? Binance Trading Data Suggests Yes

Meme Coins Resurgence on Binance: PEPE Leads with $976.96M

On Binance, the world's leading cryptocurrency exchange, meme coins continue to attract traders' attention. As of July 9th, 2024, nearly half of the top ten cryptocurrencies with the highest 24-hour trading volume were meme coins.

PEPE (PEPE): The frog-themed token surged ahead with a 24-hour trading volume of $976.96 million, bolstered by a notable price increase of 6.77%.

Dogecoin (DOGE): Trailing closely behind is Dogecoin, the progenitor of meme coins, landing in second place with a 24-hour trading volume of $727.36 million. Despite a modest price increase of 2.89%, DOGE retains a substantial market capitalization of $24.88 billion.

NOT (NOT): Leveraging Telegram's vast user base and Ton blockchain, Notcoin (NOT) has experienced a meteoric rise. Its 24-hour trading volume has reached $651 million.

WIF (WIF): Solana-based meme coin WIF [Dogwifhat] had a robust 24-hour trading volume of $539.17 million. WIF has witnessed a significant price surge...

Original Source: Coin Edition