This meme coin will make huge profits as it beats the Crypto markets sector by sector.
TL; DR
Cat-themed meme coins surged, leading the meme coin rally that boosted the sector's market cap to more than $40 billion. Dogecoin (DOGE) also headed north, with Elon Musk possibly adding a Dogecoin-related post soon.
Cat-themed Memes Lead the pack
After a long time Low performance The meme coin sector headed north again. Its market capitalization surpassed $40 billion several hours ago. With a map of many properties Amazing profit.
Some top performers include PopCat (which features cat-themed meme coins).POPCAT), Mog coin (MOG), and Cat in a Dog's World (MEW). POPCAT It is about 30% Daily balanceIt reached $0.50, while others saw an increase of about 14%.
Dog themed memories are also done so true Well, even if it is behind rivals with cats. of The biggest A meme coin based on Solana and the fourth largest in total – dogwifehat (WIF) – Up 15% in the last 24 hours, close to $1.60. Floki Inu (b.FLOKI) is up. as if 7%, while BONK rose. as if 6%
The leading meme coins in terms of total market capitalization – Dogecoin (DOGE) and Shiba Inu (SHIB) – They also recorded a moderate revival. The previous price increased by 5%, but on the market It has passed 15 billion dollars.
The self-proclaimed Dogecoin Killer – SHIB – confirmed the same findings. Its market cap has surpassed $8 billion, making the property the 16th largest. Full crypto sector. 15th place belongs to the Avalanche (Avax) currently the capitalization is around 8.8 billion dollars.
It should be noted that the revival in the meme coin collection coincides with the broader development of the entire cryptocurrency market. Bitcoin (BTC) It has passed $61,000, Ethereum (ETH) is advancing to $2,700, and Binance Coin (USD).BNB) jumped by 7% daily.
Musk's potential impact
Many industry participants speculated that the meme coin sector, in particular Dogecoin (DOGE), could be revived. They have some connection Elon Musk's latest interaction on X to one.
Earlier today (August 20), Tesla CEO Posted A picture showing him as the virtual head US A body called “Government Efficiency Unit” or Doug (Very similar to the Big Mim coin abbreviation).
Musk is known as a staunch supporter of Dogecoin, praising its benefits and supporting it on social media The platform often. The value of the property most of the time After such actions, it leads to the north.
In mid-March, the review of the DOGE Sharp About 15% after they said Tesla could accept the token as a payment method.
Two months later E.V Huge officially Integrated As a settlement option on the website, which one has been followed In another price hike.
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