Meme coins witnessed significant inflows over the past 48 hours, with some assets experiencing remarkable gains exceeding 300%. The collective market capitalization of meme coins currently stands at $69.7 billion, marking a 1.6% increase in the last 24 hours. Trading volume surged above $9.7 billion.
Amidst the recovery of leading assets, bullish sentiment prevails, driving hopes for new highs despite the sideways movement observed in broader cryptocurrency markets. Solana-based meme coins have been particularly active, exhibiting a 5.9% surge in inflows within the past 24 hours. Notable assets have witnessed impressive 100X gains, contributing to the positive performance this year.
As cryptocurrency enthusiasts anticipate a potential resurgence of meme coin frenzy akin to the first quarter, here are the top assets that have skyrocketed by over 300%:
Bird Dog on SOL (BIRDDOG)
BIRDDOG leads the charge in meme coin gains today, boasting a remarkable 430% increase. This significant surge has sparked optimism in similar assets, fostering a broader rally across cryptocurrency platforms. With upward trending daily trading volumes, BIRDDOG users anticipate further gains based on favorable on-chain metrics.
Over the past week, the asset has soared by 336%, reclaiming lost ground. In the last 30 days, BIRDDOG has gained an impressive 218%. Currently trading at 0.00325, daily trading volumes have reached $2.3 million.
MAGA PEPE (MAGAPEPE)