Meme Tokens Flood Crypto Market, with Some Seeing Significant Gains
The crypto market is home to over 70 meme-based tokens, according to data from Yellow.com. Aquarius (-2S-2), Expert (EXPERT_MONEY), and MamaBull are among the top performers, with price increases ranging from 10.71% to 27.63%. However, some of these meme coins have also seen significant losses, such as Perpcoin (-1.01%) and Stonks on ETH (-0.80%).
The market cap for all meme tokens combined is over $173 billion, with a total trading volume exceeding $761 million in the past 24 hours. Experts warn that investing in these assets can be highly speculative and carries significant risks.