- BONK, PEPE, and Dogwifhat Leading a recent surge in meme coin prices.
- BONK last saw its market capitalization inch past $1 billion in January, just after the SEC approved spot Bitcoin ETFs.
- BONK listed on Coinbase, PEPE NFT mint coming soon, and Dogwifhat gets an unexpected boost from LeBron James.
A recent flurry of activity has seen several meme coins experiencing significant price increases, with BONK, PEPE, and Dogwifhat leading the charge.
However, experts warn that extreme volatility remains a major risk associated with these assets.
BONK Barks Back
Solana-based BONK gained 7% in the last 24 hours, currently trading at $0.00001284.
This represents a 27% increase from last week and pushes its market cap to $833 million, ranking it 101st on CoinGecko.
Recent price surge follows BONK’s listing on Coinbase and surpassing the $1 billion market cap mark in January.
PEPE Power-Up
Frog-themed PEPE coin saw a 10% rise today and a 22% increase from last week, currently trading at $0.000001098.
This coincides with the conclusion of an art contest and upcoming NFT mint for top PEPE holders.
Dogwifhat Soars on LeBron’s Unintentional Boost:
Newcomer Dogwifhat experienced a **36%**surge in the last 24 hours, reaching $0.39, doubling its price from last week.
This rally likely stems from an association with a pink hat worn by NBA star LeBron James, although James himself has made no connection to the coin.
James didn’t mention about the Shiba Inu meme linked to the pink hat that started Dogwifhat.
Yet, Crypto Twitter created many memes, causing a frenzy. WIF’s price is now $0.39, 36% higher than yesterday and double the price from last week.
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