Meme coins such as PEPE, WIF, and BONK are once again gaining traction, driven by a surge in trading volumes and renewed optimism in the cryptocurrency market. PEPE has seen an 11.6% increase in the last 24 hours, attracting over $2.3 billion in daily trading volume. WIF and other tokens like FLOKI also report significant gains. The recent rally is reflective of a broader resurgence in risk appetite among investors, particularly following strong inflows into Bitcoin exchange-traded funds (ETFs). Bitcoin is trading near all-time highs, just above $106,500, as speculation and positive market sentiment return. Analysts suggest that this momentum is potentially leading digital assets towards further growth, with increasing investor interest in speculative assets, particularly among retail traders. This rebounding market presents a stark shift from previous corrections seen earlier in the year, creating an environment conducive to meme coin sales and trading activity.

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