{"id":606457,"date":"2024-05-04T01:00:29","date_gmt":"2024-05-04T01:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=606457"},"modified":"2024-05-03T15:26:15","modified_gmt":"2024-05-03T15:26:15","slug":"memecoins-resurgence-popcat-and-mew-lead-the-way-with-20-surge","status":"publish","type":"post","link":"https:\/\/wncen.com\/meme-coins\/memecoins-resurgence-popcat-and-mew-lead-the-way-with-20-surge\/","title":{"rendered":"Memecoins Resurgence? POPCAT And MEW Lead The Way With 20% Surge"},"content":{"rendered":"

As the crypto market settles in on this new phase of the crypto cycle, some memecoins have shown remarkable performance over the last couple of days.<\/p>\n

Cat-theme tokens have significantly grown in popularity during this bull run, with some, like Cat in a Dog’s World (MEW), making it to the top 10 memecoins list. Other feline-inspired tokens like Popcat (POPCAT) and Wen (WEN) have had a stellar week after recent partnerships that caused the price to surge by 20% overnight.<\/p>\n

Related Reading: Why This Crypto Bull Run Might Not Live Up To The Past: Analyst<\/a><\/div>\n

Was The Memecoin Surge Fueled By Bitcoin?<\/h2>\n

The memecoins sector has been dominated by dogs, with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) being the flagship memecoins for the last few years. During this bull cycle, dog-themed tokens like Bonk (BONK) and dogwifhat (WIF) have been the talk of the town, and some of the tokens with the strongest performance.<\/p>\n

Since its launch in January 2023, Bonk has surged around 4291%, while WIF has soared about 1512% since December 2023. Moreover, the sector has shown stellar performances with cryptocurrencies like PEPE and Book of Meme (BOME).<\/p>\n

Bitcoin (BTC) has dominated this cycle alongside memecoins, as highlighted<\/a> by top crypto analysts like Alex Kr\u00fcger and Altcoin Sherpa. However, their performance has been strongly co-related to BTC\u2019s in most cases.<\/p>\n

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#BTC<\/a> this week pic.twitter.com\/stjHKi1nR4<\/a><\/p>\n

— naiive (@naiivememe) May 3, 2024<\/a><\/p><\/blockquote>\n