Bonk and Dogecoin are outpacing all other meme coins right now.
Both coins have been on fire lately – BONK is trading at $0.000053, while DOGE has risen to $0.388.
Alongside these established names, new meme coin Flockerz is gaining ground in its presale, hitting the $2.5 million funding milestone earlier today.
BONK & DOGE Post Fresh Gains Despite Meme Coin Pullback
BONK has been one of the top performers in the meme coin space this week so far.
The Solana-based dog coin is on a roll, climbing 7% in the past 24 hours after briefly hitting a new all-time high overnight.
November has been an incredible month for BONK holders, with the coin up 164%.
Even the occasional pullbacks haven’t dented its momentum.
DOGE, the world’s largest meme coin, isn’t sitting the bullishness out either.
The coin has added another 3%, cementing its position as the fourth most-traded crypto globally.
With over $11.5 billion in spot trading volume since yesterday, it’s clear that demand for DOGE is still going strong.
What’s striking is how these two coins are defying the current trend.
Most top meme coins have experienced a minor pullback in the past 24 hours, yet BONK and DOGE continue to push higher.
This signals just how much momentum there is behind them.
Bitcoin’s New All-Time High Fuels BONK & DOGE’s Rally
BONK and DOGE are capitalizing on all the buzz around Bitcoin.
Now hovering around $93,500 after hitting a new all-time high overnight, Bitcoin’s momentum is setting the tone for massive gains.
The Crypto Fear & Greed Index says it all: it’s now at a value of 83, firmly in “Extreme Greed” territory.
Meme coins are taking advantage of these favorable conditions.
Dogecoin, in particular, is thriving – boosted by a mix of catalysts that have spiked trader demand.
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Author: Felix Mollen
