Today, the meme coin market is experiencing notable activity, particularly with Donald Trump's Solana-based memecoin, TRUMP, facing pressure ahead of a significant token unlock. Additionally, the overall meme market cap stands at approximately $60.1 billion, reflecting a slight decline of 1.5% in the last 24 hours.
Key Highlights from the Meme Coin Market
TRUMP Coin Surge:
TRUMP coin has surged by 70% following the announcement of an exclusive dinner event for top token holders.
Despite this surge, the coin is still down over 88% from its all-time high, indicating significant volatility.
Fartcoin Performance:
Fartcoin has shown remarkable resilience, rallying by 300% recently, defying broader market trends.
Analysts suggest that its performance is a reflection of the current unpredictable market environment.
Emerging Meme Coins:
Other meme coins like Dogwifhat, Jupiter, Zerebro, and Popcat are also gaining traction, with notable price increases.
PENGU has experienced a 40% price surge, with expectations of further growth ahead of potential ETF approvals.
Market Overview:
The meme coin market is currently valued at around $60.1 billion, with a slight decline of 1.5% in the last 24 hours.
Major players like Dogecoin and Shiba Inu continue to dominate the market, with Dogecoin's market cap at approximately $26.5 billion
