The meme coin 3AC soared by over 47%, trading at $0.04516.The market cap of meme coins has reached $58.1 billion in the last 24 hours.The overall crypto market cap has spiked over 2.40% to $2.25 trillion with increased trading volume.Three Arrows Capital co-founder took a long position in the meme coin 3AC, which has gained over 35% in the last 24 hours.