The top memecoins by market cap have soared as Bitcoin (BTC) continues its rally. BTC reached an ATH of $89,956 earlier this morning and gained a massive 26% in the past week. The three top memecoins by market cap, Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), also witnessed record-breaking gains.
The immense market run triggered by Donald Trump’s landslide victory continues strong, with Bitcoin (BTC) setting new highs daily. The altcoin market has followed BTC’s upward momentum but has seen much greater gains than the world’s leading crypto as the altcoin season approaches. Memecoins, in particular, are some of the top gainers of this run.
Pauline Shangett, CMO at ChangeNOW, commented on altcoin’s incredible performance.
“What we are witnessing is staggering. Bitcoin’s surge has sparked explosive altcoin runs, which are expected to continue as the altcoin season draws closer.”
The three top memecoins by market cap, DOGE, SHIB, and PEPE, have soared as BTC reaches new highs.
Jaw-Dropping Gains for Dogecoin (DOGE)
Dogecoin (DOGE) tops the memecoin market cap with an astronomical $57.8 billion valuation. The memecoin is undoubtedly following BTC’s upward momentum but has surpassed any other altcoin, gaining over 131% in the past week. DOGE quickly rose through the ranks to become a household name in the crypto industry and owes its success to a strong community and endless potential. DOGE began its journey in the industry as a joke but has transitioned into a legitimate investment opportunity with excellent profit potential.
Dogecoin’s surge is firmly led by Elon Musk, the world’s richest man with a net worth exceeding $300 billion, the CEO of Tesla, owner of social media platform X (formerly Twitter), and one of Trump’s most prominent supporters. Musk has long endorsed Dogecoin, and his loud endorsement of the Trump campaign was integral to its victory. The Tesla CEO’s involvement with the republican party could see DOGE run to new highs in the coming months.
Shiba Inu (SHIB) Leaves Market Watchers Stunned
Shiba Inu (SHIB), the second biggest memecoin with a market cap exceeding $15.4 billion, is also seeing a massive run. The decentralized community-led token and its reputation as the “Dogecoin Killer” has yielded impressive rewards in the past year, gaining over 190% and is the 10th largest crypto overall. SHIB is also a proud member of the highly coveted Solana network and is newcomer Husky Inu’s best friend. The memecoin quickly rose to fame in the crypto industry and has since become a household name. This decentralized, community-led project and its native token, SHIB, quickly gained the attention of its dedicated community of investors thanks to its charm and support from industry giants such as Ethereum co-founder Vitalik Buterin and Elon Musk. SHIB gained over 46% in the past week, with analysts predicting further gains.
Fan Favourite Pepe (PEPE) Gains 57%
Pepe (PEPE) is a fan favourite among crypto investors and is the third largest memecoin after DOGE and SHIB, with a market cap of $5.4 billion. The project quickly gained infamy for being a tribute to the 2000s internet meme sensation Pepe the Frog and is up 946% in the past year. Pepe’s likeability and continued reward streak should be enough to add to your portfolio.
Pepe (PEPE) has developed a robust community and is gaining traction in the meme coin arena. Its rapid ascent has drawn parallels with other popular meme tokens, and future projections remain highly optimistic. Expectations are set for PEPE to potentially increase by over 2100% by 2030, making it an attractive and potentially lucrative investment opportunity.
Pepe has also handsomely gained since the Trump victory, up over 57% in the past week.
Husky Inu (HINU) Enters Crypto with Perfect Timing
Husky Inu (HINU) is one of the most recent additions to the Solana network, created to bring its holders more value and utility by harnessing the power of this robust blockchain. Husky Inu recently launched the presale of its native token, HINU, with tremendous success, and the two are on a mission to conquer the memecoin industry through a robust and supportive community with innovative features and enhanced rewards. The HINU presale has been met with great response and, since going live, has generated over $482,000, with numbers rapidly increasing. The memecoin joined the crypto space at the perfect time to take advantage of the upcoming altcoin season.
Husky Inu is working on some exciting things, including an Earn App and a Decentralized Exchange. The Earn App will reward users with HINU tokens for engaging with the project, and the Decentralized Exchange will facilitate decentralized trading to improve utility and value for HINU holders. Husky Inu boasts many unique features that set it apart from traditional investment opportunities, including a capped token supply, a deflationary mechanism, speedy transactions, and charity voting.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
