Meme Coins Overwhelm the Crypto Market Post-Bitcoin Halving
Sunday, 21 April 2024, 21:08
Meme Coin Surge After Bitcoin Halving
Post-Bitcoin halving, meme coins like BONK and FLOKI surged, overshadowing Bitcoin's modest gains. The new Bitcoin token standard, Runes, introduced, showing potential despite modest initial trading volumes.
Meme Coins on the Rise
- BONK: The Solana-based meme coin surged by 46%, reaching a price of $0.000022.
- FLOKI: Ethereum-based FLOKI soared nearly 26% to $0.00018.
- SHIB: Shiba Inu climbed 24% to over $0.000028.
These gains contrast with Bitcoin’s relatively stable post-halving performance, indicating potential future growth and the market's shifting dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.