Meme coin magic is alive and well in the market this week.

Popular coins like Dogecoin and Popcat are posting sizable gains – while newcomer Flockerz is going viral in its presale phase.

DOGE Price Surges 10% Thanks to Bullish Meme Coin Market

Dogecoin, the OG meme coin, is having a bullish moment.

The coin is trading at $0.133, representing a 10% gain in the past 24 hours.

DOGE has now posted four consecutive bullish daily closes – and appears to be on track for a fifth.

This streak has pushed DOGE to its highest price since July 27th.

Spot trading volumes have surged 27% since yesterday to $2.1 billion, making Dogecoin the 8th most traded cryptocurrency in the world.

It has even seen more trading volume than TRON (TRX).

Open interest in DOGE futures has also climbed to $920 million, which is the highest level since mid-June.

According to CoinGlass, the coin’s Long-to-Short ratio, a key metric of market sentiment, currently stands at 1.04.

A number above 1 suggests more traders are betting on DOGE’s price rising.

In other words – bullish vibes are everywhere with this dog coin.

Solana-Based POPCAT Rallies 11% as Spot Volumes Explode

Popcat is also turning heads this week.

This Solana-based token, inspired by the popular internet meme, is trading at $1.32 after an 11% surge since yesterday.

POPCAT was up by 17% at one point before retracing slightly in recent hours.

The cat coin is now ranked on CoinMarketCap’s trending cryptos list as spot volumes have exploded 65% to $147 million.

POPCAT is also nearing BONK as the second-largest Solana meme coin.

Interestingly, there doesn’t appear to be any specific news catalyst that’s pushing POPCAT or DOGE higher.

Most traders attribute their ral