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Top Crypto Gainers Today
With major cryptocurrencies seeing tentative gains at the start of the week, the top crypto gainers today were all to be found in the on-chain token markets. Major cryptos remain locked within recent trading ranges ahead of a barrage of US data later in the week.
Return of Roaring Kitty Sparks Meme Coin Activity
Trading activity in the meme coin space was set alight by the sudden, unexpected return of Roaring Kitty, a legendary GameStop retail investor who was a leading figure in the 2021 meme stock movement. His return sparked calls for the return of meme season in crypto and stock markets. Unsurprisingly, meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and dogwifhat (WIF) were outperformers.
Newly Launched Meme Coins Take the Lead
The top crypto gainers today were all new or recently launched smaller meme coins with connections to the 2021 meme stock craze. Here are some of the biggest movers:
- SOL STREET BETS (SOLBET): A Solana-based meme coin inspired by the Wall Street Bets community, SOL STREET BETS saw a significant increase, up by 39,400% in 24 hours.
- Roaring Kitty (KITTY): Named after Roaring Kitty, this token rallied 1,000% in 24 hours, reaching a market cap of $24.5 million.
- AMC (AMC): An AMC-themed meme coin, inspired by the popular meme stock, surged by 450%.
Better Alternative to Consider – Dogeverse (DV)
For investors looking for more stable options, Dogeverse (DV) presents an exciting opportunity. This Shiba Inu-themed meme coin offers a multi-chain approach, launching on the six most used blockchains with multi-chain bridge capabilities. Dogeverse aims to be present on all chains that matter, providing a unique investment opportunity.
The multi-chain meme coin is currently available in presale and has raised over $15 million so far. Stay updated on the project’s progress through their Twitter and Telegram channels.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.