CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Defiant 2025-01-03 21:40:47

Memecoin Rally Driven by Dogecoin, Fartcoin, and Bonk Sparks 15% Market Surge

Gains in Dogecoin, Fartcoin, and Bonk helped drive the memecoin market to a 15% surge in market capitalization on Jan. 3, outperforming the broader cryptocurrency market. Dogecoin (DOGE) rose 12% in the past 24 hours and 21% over the past week, reaching approximately $0.38, its highest price since Dec. 18, 2024. Solana-based memecoin Fartcoin jumped 18% in the last day and 69% over the week, hitting an all-time high of $1.59. Meanwhile, Bonk gained 12% in the past 24 hours and 7.3% over the week, according to CoinGecko . These gains pushed the memecoin market’s total capitalization to $127 billion, a 15% increase in the past 24 hours. This growth outpaced the broader cryptocurrency market, which recorded a more modest 1.2% increase during the same period. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.