Meme coins are currently driving the crypto market with their viral social media campaigns, retail interest, and speculation-driven volume on exchanges.
Meme coins present high-risk, high-reward opportunities attracting traders seeking quick gains with their significant growth potential.
Bitcoin's positive sentiment and potential price increase to $110K may further boost meme coins such as Bitcoin Hyper ($HYPER) with its innovative $BTC Layer-2 approach.
Coins like FLOKI and PNUT are experiencing bullish movements, potentially leading to significant gains in the meme coin market, influenced by factors like community strength and viral endorsements.