Memecoin $79B rally means capital has nowhere better to go: Exec | Dogecoin Rises as Pump.fun Tok…

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Dogecoin Rises as Pump.fun Token, Official Trump and Melania Meme Coins Jump

Dogecoin Rises as Pump.fun Token, Official Trump and Melania Meme Coins Jump

Meme coins are once more rising, led by Dogecoin (DOGE), which has climbed 6.7% in the last 24 hours and now more than 18% on the week to $0.20. But other major meme coins have posted much larger gains on the day.

Dogecoin, which ranks 8th among all cryptocurrencies by market capitalization, ranks second in the category with more than $5.7 billion in 24 hour trading volume, trailing only the Ethereum-based Pepe (PEPE) in that metric.

President Donald Trump and First Lady Melania Trump’s official meme coins have gained 10.3% and 32.5% in the last day, respectively. TRUMP and MELANIA are outpacing Dogecoin and the category as a whole, which is up 6.8% in the same timeframe, according to CoinGecko.

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