Hey there, meme coin enthusiasts! Buckle up because the meme coin rollercoaster just took a thrilling turn in the last 24 hours. The market cap of these quirky digital currencies has shot up to nearly $45 billion, thanks to the overall crypto industry getting a boost from the US Fed slashing interest rates for the first time in almost four years.
Our all-time favorites, Dogecoin (DOGE) and Shiba Inu (SHIB), didn’t disappoint, climbing by 4% and 7% respectively. But they’re not the only stars of the show. Pepe (PEPE), Floki Inu (FLOKI), and dogwifhat (WIF) are also basking in the green glow.
But wait, there’s more! The real headliners are the cat-themed meme coins. Popcat (POPCAT) exploded with a 30% daily surge, and Mog Coin (MOG) isn’t far behind, spiking 15%. Another feline friend, Cat in a Dogs World (MEW), also pounced ahead, jumping 22% after South Korean crypto exchange Upbit began offering trading services for the token.
And don’t miss the rocket ship that is Neiro (NEIRO). This newcomer is making waves with a jaw-dropping 1,400% monthly increase and an even crazier 1,900% weekly boost. Currently trading around $0.0008418, Neiro’s meteoric rise kicked off when Binance launched the NEIRO/USDT trading pair. Not long after, LBank Exchange in Indonesia hopped on the Neiro train.
Neiro’s market cap now stands at a cool $350 million, putting it in 13th place among its peers. Some crypto experts are predicting it could shoot up to $500 million or even hit the $1 billion jackpot soon. In the last 24 hours, Neiro’s trading volume hit almost $700 million, outpacing big names like SHIB, WIF, and FLOKI. This surge in trading activity usually hints at increased market interest, better liquidity, and some potential short-term volatility.
So, keep your eyes peeled and your wallets ready—these meme coins are on a wild ride, and you won’t want to miss it!
