Memecoin Market Cap Soars to $56 Billion Amidst Trading Frenzy

The combined worth of all meme-tokens in the cryptocurrency sector has surpassed $56 billion, following almost triple increase in their values since the start of 2021. This surge comes as part of a memecoin craze that has seen traders rapidly make and lose substantial profits within just a few days. In Q1 2024, according to … Read more