The meme coins are riding the rocket surge of Bitcoin.
Bitcoin broke the $106,000 level earlier today, triggering a wave of risk-driven buying in the meme coin sector. This wave included: $WIF
#SPX and #HYPE - each of which achieved gains of over 45% in less than 24 hours.
These tokens are considered indicators of retail sentiment. Their sudden rise suggests a return of margin traders to the scene - and that meme-driven liquidity is returning as Bitcoin regains its six-figure status. It's not just about the price - but about momentum, memes, and market psychology.
The market cap of WIF exceeded $3.6 billion, SPX moved to the list of the top 200 coins, and HYPE was trending across Twitter, Telegram, and even TikTok. Traders pointed to short position squeezes, burn mechanisms, and influencer-led pumps as key factors. The meme coins in this cycle are not just jokes; they are algorithmically driven liquidity magnets that are socially enhanced. Expect volatility, sudden corrections, and more launches attempting to capitalize on the current retail wave.
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