Dogecoin

MAGA

Shiba Inu

Bitcoin (BTC) is nearing $64,000 with a pump of over 3% on Monday leading the market rally ahead of a busy week for US economic data. The excitement isn’t just with BTC as major tokens like Ethereum (ETH) and Dogecoin (DOGE) saw increases of up to 4%. However, dogwifhat (WIF) led the meme coin charge with a 19% surge.
The cumulative meme coins categories’ cap recorded a jump of almost 10% over the last to stand at $50 billion. This comes in when the social sentiment around meme crypto surged over the weekend with talks of a memecoin supercycle being trending on social media.
<h3 id="span-style-font-weight-400-wif-popcat-takes-the-lead-span">WIF, POPCAT takes the lead</h3>
Dogwifhat turned out to be the biggest gainers among the top meme coins as <a href="https://www.cryptopolitan.com/dogwifhat-price-prediction-wif-pumps-23-in-a-week-more-gains-incoming/" rel="noopener noreferrer nofollow">WIF price</a> surged by almost 20% in the last 24 hours. WIF is one of those cryptos that have managed to print greens in the last 7 days. Its 24-hour trading volume is up by a massive 117%, standing at $586.3 million. Dogwifhat is trading at an average price of $2.67, at press time.
Popcat is another meme crypto that has gained much popularity among the crypto community. A fresh wave of cat themed meme coins is trying to take over the dog theme meme cryptos in the latest bet. <a href="https://www.cryptopolitan.com/popcat-dogwifhat-prices-surge-best-meme-coins-to-buy-for-october-bull-run/" rel="noopener noreferrer nofollow">Popcat price</a> is up by almost 20% in the last 24 hours and 80% over the past 30 days, trading around $1.46 zone.
The biggest meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) are looking strong with a surge of over 5% each in the last 24 hours. DOGE seems to be trying to perform a comeback rally as it has gained around 21% over the last 30 days, while SHIB is up by 42% in the same period.
<h3 id="span-style-font-weight-400-trader-hits-big-on-memecoin-bet-span">Trader hits big on memecoin bet</h3>
As per the <a href="https://x.com/spotonchain/status/1843183431871758555" rel="noopener noreferrer nofollow" target="_blank">data shared</a> by SpotOnchain, a trader made a good heavy return just by trading on meme coins linked to the former US president Donald Trump. The traders hit a 31.5% profit by betting on TRUMP and MAGA after Elon Musk gave a pro-Trump speech.
It mentioned that the trader spent 360K USDC to accumulate 2.4498 billion MAGA tokens (approx. worth $300K) and 18,364 TRUMP (approx. worth $60K) when Trump began to give out the speech. These holdings are now worth $398K and $75.3K, respectively. The trader has made $113K of profits amid the meme coins frenzy.
Bitcoin’s rally to breach $63,000 shows confidence in the market as investors are hoping BTC to reclaim $64,000 next. The Fear and Greed Index suggests a “Neutral” sentiment among the market participants after dealing with extreme fear in the last month. BTC is now up by 17% in the last 30 days, trading at $63,469, at press time.

POPCAT, WIF’s 20% surge ignites meme tokens rally amid market buzz

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