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% this week amid fresh attention from prominent booster Elon Musk, while Solana meme coin Bonk (BONK) has climbed nearly 16%, and the Base network’s Brett (BRETT) has soared by…
Nov 17 2024
