🐶 The Woof-Woof Rally: Dog-Themed Memecoins Ride the Peace Wave

Yesterday, the memecoin sector saw explosive gains as the broader crypto market rallied following a peace announcement by Donald Trump, on a ceasefire reached between Iran and Israel.

$WIF led this charge jumping 20.84% surge to $0.8364 over the past 24 hours, outpacing most of the market and wagging its tail straight into the top gainers list. Its trading volume spiked 75% to $518 million, making it the third-best-performing crypto in that time frame. Who's a good boy!

🐕 #Bonk , another doggo and Solana-based meme token, gained 13.59%, while Ethereum-based #floki rose 13.51%, trading at $0.00007262. Legacy memecoins Dogecoin and Shiba Inu also joined the rally, with $DOGE up 7.2% and $SHIB gaining 9% in a single day.

Overall, the memecoin market cap climbed 9.52% to $52.74 billion, while total trading volume rose 13.32%, signaling renewed speculative interest 🦴

For now, the dog days of crypto seem to be over - but nobody knows what’s coming around the corner 🐾