Pepe, Dogwifhat Could Lead Next Round of Meme Coin Surge
Summary
Meme coins surged 12% in the past 24 hours, outperforming the broader crypto market. Tokens like FLOKI and SHIB saw 800% gains in a week. Dogwifhat (WIF) raised $650,000 to display its meme on the Las Vegas Sphere. WIF prices soared 48%, while PoliFi tokens like BODEN and TREMP, tied to U.S. politicians, jumped up to 300%. Investment managers predict the mania will persist due to low fees on platforms like Solana. However, the sector is volatile and prone to scams, with many new meme tokens losing all value shortly after launch.
