{"id":529491,"date":"2023-05-02T23:00:28","date_gmt":"2023-05-02T23:00:28","guid":{"rendered":"https:\/\/uniquehot.com\/?p=529491"},"modified":"2024-06-11T07:40:32","modified_gmt":"2024-06-11T07:40:32","slug":"is-meme-coin-season-back-heres-what-the-numbers-say","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/is-meme-coin-season-back-heres-what-the-numbers-say\/","title":{"rendered":"Is Meme Coin Season Back? Here\u2019s What The Numbers Say"},"content":{"rendered":"
Meme coins are rallying once more with 1,000% increases in a matter of hours now becoming the order of the day. With so many new meme coins performing well in the market, it is starting to look like a repeat of the infamous 2021 meme coin season. However, unlike in 2021, a whole new set of tokens are leading the charge this time around.<\/p>\n
Pepe Coin (PEPE) Triggers New Meme Run<\/h2>\n
Before Pepe Coin (PEPE) launched in mid-April, meme coins had become another fixture in the market, just moving along with the general crypto market trend. However, PEPE would rise from a $50,000 market cap to over $600 million in less than three weeks and what followed was euphoria that triggered another meme coin bull run.<\/p>\n
Since PEPE\u2019s success, a number of other meme coins have entered the market and many have found success as well across multiple chains. An example of this is the AIDOGE meme coin that launched on the Arbitrum blockchain around the same time as PEPE and in the two weeks that followed, the price of the cryptocurrency rose over 100x.<\/p>\n