menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

How Far Wi...
source image

Zycrypto

1w

read

295

img
dot

Image Credit: Zycrypto

How Far Will Bitcoin’s Jump Drive The Meme Coin Frenzy?

  • The market rally inspired by a jump in Bitcoin’s price has impacted meme coins, boosting several tokens to new highs.
  • Meme coins across categories ranging from Dog-themed, Cat-themed, political, or Solana-themed assets have recorded new flows as funds continue to enter the market.
  • Most meme coins have no underlying utility and, as a result, move with the wider market with its low prices, leading to wider price jumps.
  • Several meme coins have seen double-digit gains, with some soaring over 100% in the last seven days, boosting the ecosystem.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app