The meme coin market has seen a significant revival with explosive gains from TURBO, PENGU, WIF, BONK, and others.
TURBO experienced a 70% increase in valuation, reaching a peak level last seen in February.
Dogecoin (DOGE) and Shiba Inu (SHIB) are also on the rise, with DOGE trading at $0.18 and analysts predicting further upside potential, possibly even a run toward $1.
The overall resurgence in meme coins has infused optimism in the industry, with expectations of further price increases in the coming days.