Memecoins are experiencing a significant surge today, with MOODENG, BUILDOn, and MOG all rallying in double digits.
MOODENG, inspired by a Thai baby hippo and built on the Solana blockchain, has seen a remarkable rise. The token's price has surged over 150% in the past 24 hours, driven by increased trading volume and social interest. This surge follows its addition to Coinbase's listing roadmap and a recent listing on the Asian crypto exchange OKX, further fueling investor enthusiasm.
While specific details on BUILDOn's recent performance are limited, the current market trend suggests that it, along with other memecoins, is benefiting from the overall bullish sentiment in the crypto market.
MOG has also experienced a notable uptick. The coin has become the #1 trending token on Dextools, recovering lost market capitalization from previous weeks. Speculation about potential listings on major exchanges like Binance and increased interest from celebrities have contributed to its recent momentum.
Overall, the memecoin market is witnessing a resurgence, with these tokens leading the charge amid renewed investor interest and favorable market conditions.
