2024

Memecoin

April

Memecoins like Dogecoin, Dogwifhat, and Brett have outperformed the broader crypto market following Trump’s victory in the just-concluded U.S. presidential elections. In the last 24 hours, the memecoins’ aggregate market value in crypto has shot up by 24%. At the same time, the trading volume in the meme coin sector has pumped over 200%.&nbsp; 
According to data from crypto<a href="https://coinmarketcap.com/" rel="nofollow noopener" target="_blank"> data</a> aggregator CoinmarketCap, Dogecoin has soared by more than 15% in the last seven days and is up 9% in the last 24 hours, while Shiba Inu has largely remained unchanged. Bitcoin has also surged to an all-time high price of $75,409. The memecoin and AI crypto sectors have attracted investors in the events leading up to election day. 
Pepe has witnessed an upsurge of 7.14% in the last 24 hours, although the memecoin is down 4% in the last seven days. Dogwifhat is up 7.48% in the last 24 hours but has declined by 8% in the last seven days. On the other hand, Bonk has surged by 11.18% in the last 24 hours and is up 3.26% in the last seven days.&nbsp; 
Popcat is down 8.9% in the last seven days but has surged by 11.68% in the last 24 hours. Floki and Brett are up 7% and 9%, respectively, in the last 24 hours despite declining by 6.23% and 8.72% in the last seven days.&nbsp; 
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<figure id="attachment_610068" aria-describedby="caption-attachment-610068" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" class="wp-image-610068 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904.png" alt="" width="1920" height="753" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904.png 1920w, https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904-300x118.png 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904-1200x471.png 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904-768x301.png 768w, https://www.cryptopolitan.com/wp-content/uploads/2024/11/0193017d-3af5-7913-9825-8c6e652a4904-1536x602.png 1536w" sizes="(max-width: 1920px) 100vw, 1920px">
 <figcaption id="caption-attachment-610068" class="wp-caption-text">
 Memecoin market cap and daily trading volume. Source: CoinMarketCap
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Memecoins outperformed crypto market after Trump’s victory

Cryptopolitan_News

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