Shiba Inu (SHIB), Pepe (PEPE), and Dogwifhat (WIF) have been gaining significant traction in the cryptocurrency market, as investors anticipate a potential “meme coin supercycle.” Shiba Inu saw a 39% increase over the past week, driving its market cap from $8.53 billion to $11.63 billion. Meanwhile, Pepe rose by 36.5%, and Dogwifhat surged by 35.4%, pushing its market cap to over $2 billion
Dogwifhat even reached a new all-time high, surpassing Pepe in market value. This growth is driven by a strong community and heightened social media engagement. Analysts believe that these meme coins could continue to rise as interest in Bitcoin declines, potentially leading to a significant bullish cycle for the meme coin segment
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