Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind

Memecoins bounced back with a spirited rally Tuesday following Bitcoin's BTC/USD upward advances. What happened: Frog-themed Pepe surged over 11% to become the most successful large-cap memecoin over the last 24 hours. The Ethereum ETH/USD -based coin was also the second-most traded meme coin in the 24-hour period.

Pepe was followed by Solana SOL/USD -based Bonk, which spiked over 8%, and Floki, which returned 7.39% to its holders in the last 24 hours. Cryptocurrency Gains +/- Price (Recorded at 10:55 p.



m. ET) Pepe PEPE/USD +11.13% $0.

00006531 Bonk BONK/USD +8.06% $0.00001042 Floki FLOKI/USD +7.

39% $0.00006101 Blue-chip meme coins such as Dogecoin DOGE/USD and Shiba Inu SHIB/USD also pleased their investors, surging 5.73% and 4.

86%, respectively. See Also: Eric Trump’s ‘Great Time’ To Buy ETH Backfires? Ethereum Plunges 30% Since His Buy Call Furthermore, President Donald Trump's Official Trump TRUMP/USD token rose 1.72% and was the only major meme coin to have recorded net gains year-to-date.

The total meme coin market capitalization reached $45.81 billion, following a 5.71% jump in the last 24 hours.

However, over the last 30 days, the valuation has shrunk 32%. The rise was spurred by Bitcoin’s recovery to $83,000 Tuesday, a day after it fell below $76,000, after a bill aimed at funding the newly established Strategic Bitcoin Reserve was introduced in the House. Image via Shutterstock Read Next: Peter Schiff Says Hard To See Rationale Of Trump’s Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With ‘Store Of Value’ Narrative Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock – anytime.

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