"Meme Coin Mania: Pepe, Dogecoin, and Bonk Surge in Record-Breaking Gains"

1 min read
Source: Decrypt
"Meme Coin Mania: Pepe, Dogecoin, and Bonk Surge in Record-Breaking Gains"
Photo: Decrypt
TL;DR Summary

Meme coins like PepeCoin, Dogecoin, and BONK have seen double-digit gains as the crypto market surges, with Pepe leading the charge with a 35.6% increase in the past 24 hours and a 421.8% increase over the past week. Other meme coins, including BONK, Shiba Inu, and Dogecoin, have also experienced significant gains. However, meme coins are known for their high volatility and often have little utility beyond speculation, with some facing low liquidity. Despite this, Dogecoin, originally created as a joke, has seen growing utility and applications such as payment integrations and the creation of unique assets on its blockchain.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

70%

333100 words

Want the full story? Read the original article

Read on Decrypt