Bitcoin breaks 90,000, meme craze rises again!
As Bitcoin's price surpasses $93,000, the meme coin market has also welcomed a new round of growth. In 2024, the market capitalization of meme coins increased by 500%, demonstrating strong market vitality. From Dogecoin to Pepe, and now $TRUMP, meme coins are redefining the value of cryptocurrencies.
The celebrity effect is also driving the market; for example, the TRUMP coin launched by Trump surged over 60% in one day due to its connection with the presidential dinner.
📈Current status of the meme coin market
Market capitalization growth: In 2024, the market capitalization of meme coins grew by 500%, from $20 billion to $120 billion.
Community-driven: The success of meme coins relies on strong community support and the spread of social media.
Celebrity effect: For instance, the TRUMP coin launched by Trump surged over 60% in one day due to its connection with the presidential dinner.
