The meme coin sector's total market capitalization jumped more than 6% on Tuesday to exceed $62 billion.
Investors seeking outsized returns are turning to early-stage projects like Bitcoin Pepe, with the ongoing crypto presale having raised over $14 million.
Bitcoin climbed above $110,000 on Monday, nearing its all-time high reached in May, contributing to renewed bullish sentiment and sparking market optimism.
Meme coins, including Dogecoin, Shiba Inu, and Bitcoin Pepe, saw significant gains amid the resurgence in the sector, with investors showing increasing interest in speculative segments.