{"id":19080,"date":"2024-04-24T12:12:37","date_gmt":"2024-04-24T16:12:37","guid":{"rendered":"http:\/\/leadingcryptonews.com\/bonk-wif-pepe-and-others-spike-by-double-digits\/"},"modified":"2024-04-24T12:12:37","modified_gmt":"2024-04-24T16:12:37","slug":"bonk-wif-pepe-and-others-spike-by-double-digits","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/bonk-wif-pepe-and-others-spike-by-double-digits\/","title":{"rendered":"BONK, WIF, PEPE, and Others Spike by Double Digits"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Meme coins like Bonk Inu, dogwifh\u0444at, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains.<\/li>\n<li>Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><\/span><\/h2>\n<h2>Meme Coins in the Spotlight<\/h2>\n<p><span data-preserver-spaces=\"true\">Meme coins have been crypto\u2019s rock stars during this bull cycle, with many of them witnessing substantial price increases in the past few months. Today (April 24) is another green day for the majority of the realm.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Leading assets of that type, including the Solana-based Bonk Inu (BONK),\u00a0<\/span><span data-preserver-spaces=\"true\">dogwifhat<\/span><span data-preserver-spaces=\"true\">\u00a0(WIF), Cat in a Dogs World (MEW), and BOOK OF MEME (COME) experienced daily price spikes of 27%, 17%, 23%, and 12%, respectively.<\/span><\/p>\n<figure id=\"attachment_326671\" aria-describedby=\"caption-attachment-326671\" style=\"width: 575px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-326671\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMDMzIDcxOCIgd2lkdGg9IjEwMzMiIGhlaWdodD0iNzE4IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjA0JTJGQk9OSy1QcmljZS5wbmciIGRhdGEtdz0iMTAzMyIgZGF0YS1oPSI3MTgiIGRhdGEtYmlwPSIiPjwvc3ZnPg==\" data-spai=\"1\" alt=\"BONK Price\" width=\"575\" height=\"400\"\/><figcaption id=\"caption-attachment-326671\" class=\"wp-caption-text\">BONK Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Pepe (PEPE) \u2013 the third-largest meme coin in\u00a0<\/span><span data-preserver-spaces=\"true\">terms of<\/span><span data-preserver-spaces=\"true\">\u00a0market capitalization \u2013 jumped by 15%, whereas Floki Inu (FLOKI) is up around 14%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The\u00a0<\/span><span data-preserver-spaces=\"true\">biggest<\/span><span data-preserver-spaces=\"true\">\u00a0assets in the cohort \u2013 Dogecoin (DOGE) and Shiba Inu (SHIB) \u2013 are trailing behind with much more modest increases. Elon Musk\u2019s favorite token ascended by 2% daily, while its rival saw little-to-no price movements in the past 24 hours.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The total market capitalization of the meme coin sector currently stands at over $58.5 billion, a 4% increase\u00a0<\/span><span data-preserver-spaces=\"true\">compared to the figure observed on<\/span><span data-preserver-spaces=\"true\">\u00a0April 23.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Expectations of a Further Rally<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Some analysts have recently outlined predictions that SHIB, DOGE, WIF, and many other meme coins may experience an even more substantial bull run\u00a0<\/span><span data-preserver-spaces=\"true\">in the near future<\/span><span data-preserver-spaces=\"true\">. One factor hinting that such a scenario could be in the cards is the Bitcoin halving, which took place last week.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The event, following which miners\u2019 rewards for validating blocks on the blockchain\u00a0<\/span><span data-preserver-spaces=\"true\">were slashed<\/span><span data-preserver-spaces=\"true\">\u00a0in half, has historically been a precursor of a\u00a0<\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\">\u00a0resurgence of the entire cryptocurrency market.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, DOGE was worth less than a cent by the time of the previous halving in 2020, while a year later, its value pumped to almost $0.70.\u00a0<\/span><\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>LIMITED OFFER 2024 for CryptoPotato readers at Bybit: Use this link to register and open a $500 BTC-USDT position on Bybit Exchange for free!<\/b><\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/meme-coin-bull-market-bonk-wif-pepe-and-others-spike-by-double-digits\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Meme coins like Bonk Inu, dogwifh\u0444at, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains. Analysts predict a possible further rally for the asset class following the recent Bitcoin halving, which has historically led to market surges. Meme Coins in the Spotlight Meme coins have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-19080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BONK, WIF, PEPE, and Others Spike by Double Digits - Leading Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadingcryptonews.com\/bonk-wif-pepe-and-others-spike-by-double-digits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BONK, WIF, PEPE, and Others Spike by Double Digits\" \/>\n<meta property=\"og:description\" content=\"TL;DR Meme coins like Bonk Inu, dogwifh\u0444at, and others are seeing significant price increases, while the leaders Dogecoin and Shiba Inu show more modest gains. 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