Meme Coin Market Sees Major Gains: Brett, Floki, and Dogwifhat on the Rise

Wednesday, 21 August 2024, 04:39

Brett surges 20% as Floki and Dogwifhat rise, signaling a potential shift in the meme coin market. As meme coins bounce back, traders speculate on the next big mover, PlayDoge.
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Meme Coin Market Sees Major Gains: Brett, Floki, and Dogwifhat on the Rise

Meme Coin Market Surges with Optimism

In a remarkable turn of events, Brett has surged over 20% in just 24 hours, alongside Floki and Dogwifhat. This uptick comes as the meme coin market desperately seeks to recover from a prolonged downturn. The trading volume of meme coins is on the rise, suggesting that investor sentiment may finally be shifting.

Will PlayDoge Be the Next Big Hit?

Traders are now looking ahead to see which coin could be next to experience a surge, with many turning their attention to PlayDoge. Could it capitalize on the current momentum following Brett's impressive gains?

Meme Coin Market Recovery

Over the past 30 days, the total market capitalization of meme coins dropped from $52.8 billion to $37.8 billion, marking a significant decline. However, the last 24 hours have turned this trend around:

  • Market Cap Recovery: More than $1 billion added in value.
  • Brett: Leading the pack with a 21% increase.
  • Floki and Dogwifhat: Each posting gains exceeding 10%.

Despite the recent gains, Brett remains down 40% from its peak in late July, indicating that substantial upside potential still exists.


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.


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