Memecoins
3 Meme coins mined 400X this week
Crypto assets are seeing a slight recovery in the market this week, with meme coins gaining the most popularity. A surge in sentiment has pulled most major stocks out of the doldrums, triggering bullish signals around new tokens. The positive trajectory is visible in Bitcoin’s (BTC) 2.6% daily jump, pushing weekly flows into the green zone.
The total crypto market cap surpassed $2.58 trillion after surging 1.58%. As expected, Meme Coins are the biggest gainers, with tokens surpassing 500%. High
coins also posted decent numbers with an overall market capitalization of $67 billion. Solana and Dog-themed tokens also saw inflows. Here are three meme coins making 400X winnings.
Feels good man (FGM)
FGM leads coin gains over the past 24 hours, surpassing 1,000%. This massive inflow follows a series of positive and broader weekly inflows impacting crypto assets. The asset gained 968% this week and 1064% this month. FGM price now stands at $0.00003549, bringing its market cap to $2.32 million as daily volumes continue to increase.
WSB Coin (WSB)
WSB Coin is up 430% today, along with similar meme coins. The asset’s price stands at $0.00002614 after positive short-term numbers. This week, WSB saw gains of 157% and has seen inflows of over 700% this month. However, intraday trading wiped out some of its market cap at press time, the market cap stands at $1.6 million with increased daily volume.
AMC (AMC)
AMC price jumped 350% today to trade at $0.00985. Although the asset has not reached a 400% gain, users are rallying around the token, pushing its price with positive momentum. The coin joins top newly launched coins with skyrocketing inflows. According to data from CoinGeckoAMC’s 24-hour volume rises to $2.7 million as bulls ignite to rally markets.
Bitcoin and altcoins have seen marked gains as the top 20 assets by market cap see inflows. However, Chainlink, Tron, and Near Protocol saw market losses during these periods.
Read also: Will XRP price finally see a breakthrough in June?
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for the latest news. Staying on top of trends, David has worked across several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Far from the financial markets, David goes cycling and horse riding.