How Far Will Bitcoin’s Jump Drive The Meme Coin Frenzy?

2 months ago 22

Bitcoin And Ethereum Eye 30% Jump In August Despite Lacklustre On-Chain Activity

The market rally inspired by a jump in Bitcoin’s price has impacted meme coins, boosting several tokens to new highs. Meme coins across categories ranging from Dog-themed, Cat-themed, political, or Solana-themed assets have recorded new flows as funds continue to enter the market. The meme market cap stands at $67.5 billion, soaring 2.8% in the last 24 hours amid wider figures in the last 30 days. Daily trading volumes are also above average at $9.9 billion.



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