With a broader recovery in the cryptocurrency market, digital assets are on the rise today. As Cryptocurrency Week progresses and Donald Trump hints at the approval of the GENIUS Act, investor sentiment is bullish. The CoinMarketCap fear and greed index stands at 70 (GREED), whose impact is clearly visible in meme coins.
The market capitalization of these meme-themed cryptocurrencies has surpassed 5 trillion dollars today, reaching a figure of 71,270 million dollars. Additionally, trading volume has increased by 2,000 million dollars (42% more today), currently standing at 17,580 million dollars.
In this context, major meme cryptocurrencies such as DOGE, SHIB, and PEPE are in the green zone. It is noteworthy that FLOKI, BONK, and others are showing even more bullish trends, with double-digit gains today.