Memecoins
3 Meme Coins Hitting 400X This Week
Crypto assets are seeing a slight recovery in the market this week, with meme coins gaining more popularity. A surge in sentiment has lifted most major holdings out of the doldrums, igniting bullish signals around the new tokens. The positive trajectory can be seen in Bitcoin (BTC)’s 2.6% daily jump which brought weekly flows into the green zone.
The total cryptocurrency market capitalization surpassed $2.58 trillion after jumping 1.58%. Meme coins are the biggest gainers, as expected, with tokens rising above 500%. Superior
meme coins it also posted decent numbers with an overall market capitalization of $67 billion. Solana and Dog tokens also saw inflows. Here are three meme coins making 400X gains.
Feels Good (FGM)
FGM has led the meme coins’ gains in the last 24 hours to increase by more than 1000%. The massive inflow comes after a series of positive weekly momentum as larger inflows pour into cryptocurrencies. The asset has gained 968% this week and 1064% this month. FGM price now stands at $0.00003549, bringing its market capitalization to $2.32 million as daily volumes continue to increase.
WSB Coin (WSB)
Today the WSB coin is up 430% with a surge with similar meme coins. The asset price stands at $0.00002614 after positive short-term numbers. This week, WSB posted gains of 157% and has seen inflows of more than 700% this month. However, as of this writing, intraday trading has wiped out a portion of its market capitalization, which stands at $1.6 million with increased daily volume.
AMC (AMC)
Today the price of AMC increased by 350% to settle at $0.00985. Although the asset did not post 400% gains, users rallied around the token pushing its price with positive momentum. The coin joins major meme coins launched recently with skyrocketing inflows. According to data from CoinGeckoAMC’s 24-hour volume stands at $2.7 million as bulls fire up to push markets higher.
Bitcoin and altcoins posted gains as the top 20 assets by market cap experience inflows. However, Chainlink, Tron, and Near Protocol recorded losses in the market during these periods.
Read also: Will XRP Price Finally Breakthrough in June?
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in learning about emerging technologies and has an eye for the latest news. Staying up to date on trends, David has reported in several niches including regulation, partnerships, cryptocurrencies, stocks, NFTs, etc. Away from the financial markets, David cycles and rides horses.