Memecoins Outpace Wider Crypto Market
The memecoin market has surged, with its market cap reaching $58 billion and posting a 10% gain in the last 24 hours, outpacing the broader cryptocurrency market, which saw a 5.5% increase over the same period. The top five memecoins, comprising around 77% of the total market cap, have seen significant gains. Notably, Shiba Inu…