Last Year’s Viral Meme Coins Are Back From the Dead as Solana and Ethereum Gain
Viral meme coins from last year, including Moo Deng and Peanut the Squirrel, have seen significant price increases amid a resurgence in interest as Bitcoin and Ethereum prices rebound. Over the past 24 hours, Moo Deng gained 143% and Peanut the Squirrel rose 55%, both surpassing $900 million in trading volume. While these tokens have seen impressive gains, they remain significantly below their all-time highs. Solana tokens are also experiencing a surge in value, in line with the recovery in the meme coin sector. Other notable mentions include Fwog and Unicorn Fart Dust, which have risen 37% and 45% respectively. The overall trend indicates a growing confidence among traders, with projections for the Solana ecosystem looking positive as it sees increased trading activity and price gains since major cryptocurrencies began to stabilize. Industry experts believe that meme coins are here to stay and are likely to remain an integral part of the crypto landscape as the market dynamics shift.
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