Recent days have seen a whirlwind in the meme coin market, with Bonk and Pepe showing notable growth and BTFD Coin attracting attention with its bonus token program.
Meme Coin Market: New Leaders
The cryptocurrencies Bonk and Pepe have demonstrated significant growth over the past week. Solana-based Bonk surged by over 27%, gaining traction from its 'for the people' appeal. Meanwhile, Ethereum-based Pepe recorded a 13% price increase, with a 30% rise in trading volume.
Bonk's Position and Impact
Bonk continues to capture attention as a 'people-powered' cryptocurrency. The Solana-based meme coin experienced a 27.99% weekly boost and a 2.24% daily gain. Launched in December 2022, Bonk quickly gained popularity by airdropping 50% of its supply to the Solana ecosystem. Its influence on the market underscores its strategic importance in promoting Solana as a platform for meme coins.
Pepe Back in the Spotlight
Pepe, based on Ethereum, is also drawing interest with a 13.18% growth over the past week. Trading volume increased by 30%, highlighting interest in this asset. Initially launched as a deflationary coin, Pepe continues to strengthen its position with a recognizable brand and community support.
Despite overall market volatility, meme coins continue to surprise with their popularity and growth dynamics. While Bonk and Pepe solidify their standing, the BTFD Coin project offers unique opportunities with a bonus program, attracting more investor attention.