Not Dogecoin, Not Shiba Inu However Lesser-Identified BOOK OF MEME And Cat In A Canines World Token Emerge As Finest-Performing Cryptos – Emeren Group (NYSE:SOL)

Memecoins made full use of the return of bullish sentiment on Monday, with the much less established ones topping the largest market gainers checklist.

What occurred: Solana SOL/USD-based BOOK OF MEME pumped over 28% to change into the best-performing cryptocurrency within the final 24 hours. 

The token spiked to ranges not seen since July 30, with buying and selling quantity surging over 68% to $702.34 million.

.Cat-themed memecoin cat in a canine world occupied the second spot within the largest 24-hour gainers checklist after a 22% surge. The coin’s buying and selling quantity almost doubled over the past 24 hours, indicating excessive shopping for strain.

Yet one more Solana-based token, Bonk, bounced 10%, turning into the best-performing billion-dollar capitalization meme coin within the 24-hour interval. 

See Additionally: Mark Cuban Defends Kamala Harris’ Crypto Data, Seems To Take Dig At Trump For Promoting Tokens And Merchandise: ‘In contrast to Your Man, She Doesn’t Fake’

Blue-chip currencies similar to Dogecoin DOGE/USD and Shiba Inu SHIB/USD additionally noticed respectable beneficial properties, rising 3.78% and three.13%, respectively.

Total, the entire meme coin market capitalization rose over 6% within the final 24 hours.

The upsurge adopted a broader market rally that noticed market bellwether Bitcoin BTC/USD surge over 5% to hit ranges not seen since late July.

Picture by stockphoto-graf on Shutterstock

Learn Subsequent: