WIF, PEPE DOGE dominate as memecoins surge 114%: What’s next?

The memecoin space has seen the highest growth across all crypto sectors. According to recent data provided by Artemis, the sector is up by 114% YTD.The popularity and growth of WIF, PEPE and DOGE has had a lot to do with the growth of the memecoin sector. Notably, this sector beat Centralized Exchange tokens, DePIN tokens, and even AI tokens.AMBCrypto’s analysis of Santiment’s data revealed that the social volume for WIF and DOGE had declined significantly over the past month.

These memecoins would need to regain popularity on social networks to keep their price momentum positive. However, PEPE continued to show consistent growth in this department, indicating that the overall perspective around the memecoin was positive.In terms of network growth, PEPE showed improvements as well over the last few days, indicating that new addresses were starting to show interest in the coin.

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