Meme Coins Soar 6% In 24 Hours As Popcat And Mog Coin Explode

Updated: 25 June 2024

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The market cap for meme coins surged more than 6% in the last 24 hours after Popcat (SOL) POPCAT and Mog Coin (MOG) exploded.

POPCAT saw its price soar over 60% throughout the past day of trading. This meteoric rise pushed the crypto’s price to $0.3978 as of 4:00 a.m. EST. Similarly, MOG recorded an impressive 24-hour gain of more than 44% to boost its trading price to $0.000001393.

BENDOG, PSPS And APU Join The Top 5 Gainers List

Ben the Dog (BENDOG) emerged as the third best-performing meme coin throughout the past trading day. During this time, the crypto experienced an over 34% uptick in price.

BobaCat (PSPS) recorded a smaller but still impressive gain exceeding 22%. Close on its heels is Apu Apustaja (APU), with a similar sized 24-hour gain.

Top performers in the meme coin market (Source: CoinMarketCap)

For POPCAT and MOG, the recent price surges were an extension of their respective weekly performances. Meanwhile, BENDOG’s substantial increase in the last 24 hours was enough to push its performance over the last 7 days out of the red.

APU and PSPS, however, were unable to erase their weekly losses. PSPS was still down more than 6% in the last 7 days, while APU’s weekly performance remained over 30% in the red.

Investors Pump Political Meme Coins

Many political meme coins also saw their prices surge over the last 24 hours. Among this subset of cryptos, tooker kurlson (TOOKER), Jeo Boden (BODEN) and Alux Jownes (JOWNES) managed to print the biggest gains.

TOOKER soared over 52% to push its price to $0.02529. Meanwhile, BODEN and JOWNES both registered 24-hour gains greater than 51%.

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With this resurging interest in meme coins, WienerAI (WAI) and PlayDoge (PLAY) could stand to benefit. With its remake of a gaming classic, PLAY has already raised over $5 million via its ICO. Investors are also flocking to WAI and the 180% APY up for grabs to anyone that buys the token at this early stage.