- Tema
15k Popularidade
555 Popularidade
681 Popularidade
38k Popularidade
16k Popularidade
61k Popularidade
31k Popularidade
3k Popularidade
111k Popularidade
27k Popularidade
- Marcar
15k Popularidade
555 Popularidade
681 Popularidade
38k Popularidade
16k Popularidade
61k Popularidade
31k Popularidade
3k Popularidade
111k Popularidade
27k Popularidade
Why Meme Coins Like FLOKI, BONK, and SPX6900 Are Surging Today? | CoinGape
After a downfall, meme coins regained attention this July, signaling a reemerging demand. Out of millions of launches, FLOKI, BONK, SPX6900, and others are buzzing with gains today, standing out from the rest of the market. Notably, the volatility still persists, but the limelight is definitely on these buzzing tokens instead of Bitcoin today.
Advertisement Advertisement
Meme Coins Regains Investor Demand, $2B Volume Jump Today
With a broader crypto market recovery, digital assets are flourishing with gains today. As the Crypto Week progresses and Donald Trump hints at the approval of the GENIUS Act, investors’ sentiments are bullish. CoinMarketCap’s fear and greed index is at 70 (GREED), whose impact is clearly visible in the meme coins.
The market capitalization of these meme-themed cryptocurrencies has grown to more than $5 trillion today, reaching the $71.27 billion milestone. Besides, the trading volume has jumped by $2 billion mark (42% up today), currently at $17.58 billion.
 Source: CoinMarketCap, Meme Coins Market Cap
In this top meme coins, such as DOGE, SHIB, and PEPE, are in the green zone. Notably, the FLOKI, BONK, and others are even more bullish, gaining double-digit gains today.
Advertisement Advertisement
Here’s Why FLOKI, BONK, SPX6900 Meme Coins Price Skyrocketing
FLOKI is among the biggest gainers for today, with a 402% surge in its trading volume. This surge is due to increased demand for meme-themed cryptocurrencies, as the market flourishes and investors’ risk-taking abilities grow. Additionally, the AltSeason Index is growing, fueling optimism for an Altcoin Season beginning.
With a 33% rally today, it trades at $0.0001320 with $1.25B in market capitalization. Notably, BONK has been bullish for days, achieving a 171% surge over the month and a 27% surge today. This surge is driven by the Solana meme cryptocurrencies’ growing exosystem, OI and volume rising, investor demand, and bullish technical setup.
Experts note that 100 BONK were sold this week, reducing the selling pressure. Moreover, its launchpad boomed with demand. The fees generated from here equipped the BONK buybacks, fueling the price surge. With that, it currently trades at $0.00003937 and has a 24-hour trading volume of $2.54B, up 77%.
 Source: CoinMarketCap, BONK Price Chart
SPX6900 is relatively less known than the other two, but despite that, it is highly bullish these days. It hit a new ATH a few hours ago and is up 10% in 24 hours with $191.48 in trading volume, which is up 90%.
It currently trades at $1.77 with $1.65 billion in market capitalization. Similar to most meme-themed cryptos, it is up with better market conditions, influenced by US CPI, PPI data, and other macroeconomic events.
Overall, the retail FOMO, the crypto market’s bullishness, and the shift in investors’ sentiments have fueled these meme coins’ rally.
Advertisement
Frequently Asked Questions (FAQs)
Meme coins are highly bullish with regained investor demand, improved market conditions, and AltSeason hype.
Amid the bullish market conditions, SPX6900 has hit a new ATH today with 90% pump in trading volume.
While Bitcoin dominance consolidates and the AltSeason index rises, Altcoin Season is still too early to begin.
✓ Share:
