Never underestimate the power of Degens. As crypto is making a resurgence on the back of institutional money flooding in, memecoins have clung onto the coattails of their blue-chip counterparts to join their parabolic rise.
Whilst institutional money is likely going nowhere near memecoins, Degens are tenaciously banding together to pump their beloved penny-stock-esque assets.
BONK (664%)
Solana-based dog-themed memecoin, BONK, is now the third-largest memcoin by marketcap. Soaring more than 660% over the last month, BONK has grown from $0.000002432 to $0.000015.
