Meme Coins Blast Past Bitcoin Gains as Crypto Market Gets Frothy Again - Decrypt
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Meme Coins Blast Past Bitcoin Gains as Crypto Market Gets Frothy Again It's been a strong week for Bitcoin, with the leading cryptocurrency up nearly 11% over the past seven days to a current price above $67,000, signaling the potential arrival of the hopeful "Uptober" gains that many traders expect
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- Meme Coins Blast Past Bitcoin Gains as Crypto Market Gets Frothy Again
- It's been a strong week for Bitcoin, with the leading cryptocurrency up nearly 11% over the past seven days to a current price above $67,000, signaling the potential arrival of the hopeful "Uptober" gains that many traders expected this month.
- But Bitcoin's gains pale in comparison to some of the top meme coins, which have marked price jumps up to several times larger than BTC. As money flows back into crypto, the market may be getting frothy again, prompting traders to make bets on highly volatile meme coins.
- Dogecoin (DOGE), the first ever meme coin, is up 16%
- Bonk (BONK) has climbed nearly 16%,
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