Meme coins had already created buzz in the crypto space as their value skyrocketed in 2024, hinting that their total market cap might touch $100 billion this year.and DOGE, the largest memecoin’s price had surged by more than 5.5% in the last 24 hours and was trading at $0.207.
This rise pushed the meme coin’s market cap to $65 million. If the price pump continues, it won’t be a long shot to expect meme coins to touch the $100 million market cap by the end of 2024.To see whether the aforementioned meme coins would continue to push their prices up, AMBCrypto checked their on-chain data.
Nonetheless, the whales once again started to buy PEPE as, after a short drop, the meme coin’s supply held by top addresses increased.
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