Several meme coins, including Bonk (BONK), Mog Coin (MOG) and Brett (BRETT), reached all-time highs over the weekend, driven by a broader surge in the crypto market.
Several meme coins, including Bonk (BONK), Mog Coin (MOG) and Brett (BRETT), reached all-time highs over the weekend, driven by a broader surge in the crypto market and renewed interest in Dogecoin.
Bonk, the second-largest meme coin on the Solana network, reached a peak of $0.000049 on Friday, a 120% increase from the previous week. The coin continued to climb, surpassing its peak and hitting a new all-time high on Saturday. This rise came after the launch of a campaign to burn up to one trillion BONK tokens, aimed at increasing scarcity and driving demand.
Mog Coin also set a new record, rising to $0.0000029, marking its second all-time high in just three weeks. Meanwhile, Brett Coin surged past $0.19 on Friday, reaching a new peak. Other meme coins, such as Goatseus Maximum (GOAT) and Moo Deng (MOODENG), also saw significant price jumps, with GOAT reaching $1.30 and MOODENG hitting $0.68.
Earlier in the week, other meme coins like Pepe (PEPE), Cat in a Dog’s World (MEW), and Fwog (FWOG) set their own record highs. The meme coin sector has grown significantly, with many tokens now ranking in the top 100 by market capitalization.
Dogecoin (DOGE), the original meme coin, also hit a three-year high of $0.43 earlier this week, spurring renewed interest in meme coins. This surge coincided with news that Elon Musk would be involved in a new government initiative, the Department of Government Efficiency, dubbed D.O.G.E., under President-elect Donald Trump.
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