Meme coins trading vol zooms 93% as PEPE, WIF goes off the roof

As the bull run continues, investors, as well as traders, are now focusing on meme coins. Recently, the

On January 26, 2024, a prominent trader and former CEO of BitMEX, Arthur Hayes, stated that the Dogwifhat (WIF) coin is the next big thing in the cryptocurrency industry. He mentioned that he is currently not interested in other cryptocurrencies, as reported by Todayq News. Since then, the WIF token price has surged more than 100%.

However, another major reason behind this massive price surge is the recent breakout in the PEPE token and ongoing bullish sentiment across the cryptocurrency landscape. Besides PEPE and WIF tokens, top meme coins including DOGE and SHIB also experienced a decent price surge in this bullish market.

Currently, the world’s third-biggest PEPE token is trading near $0.000003, and in the last 24 hours, it experienced over 40% upside momentum. On February 27, 2024, it gained over 50% upside momentum, as reported by Todayq News. However, in the last 7 days, PEPE experienced a massive surge of over 150%, and in the last 30 days, it experienced a 175% price surge. This is the reason why investors as well as traders are now betting more on PEPE coin.

Additionally, the WIF token is currently trading near $0.76, and in the last 24 hours, it experienced a massive price surge of over 40%. Looking at the performance of WIF tokens over a longer period, in the last 7 days, it experienced over 120% upside momentum, whereas in the last 30 days, it experienced over 135% upside momentum.

If we examine the performance of meme coins, the world’s biggest meme coin Dogecoin (DOGE) is currently trading near $0.098, and in the last 24 hours, it experienced over 6% upside momentum. In the last 7 days, it experienced over 16% upside momentum, while in the last 30 days, it gained over 25% upside momentum.

Following all these massive price surges in meme coins, top cryptocurrencies like Bitcoin and Ethereum also gained significant price surges in the last 24 hours. Bitcoin experienced over 4.5% upside momentum and is now heading toward the $60,000 level. Meanwhile, Ethereum in the last 24 hours experienced a 2.3% upside momentum and crossed the $3,300 mark.

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