Meme Coins Surge Amid Crypto Downturn

Dogwifhat leads the rally with a record high as meme coins defy broader market trends.

Meme coins like Dogwifhat, Bonk, and Pepe have seen significant price increases, outperforming the broader cryptocurrency market.
Dogwifhat led the rally, reaching an all-time high price of $3.21, with a nearly 34% increase in 24 hours.
The total meme coin market cap has increased by over 9% in the past 24 hours, with Dogwifhat, Pepe, and Bonk among the top gainers.
Despite a downturn in major cryptocurrencies like Bitcoin and Ether, meme coins have surged, with some investors embracing their highly volatile nature.
Elon Musk hinted at the possibility of Tesla accepting Dogecoin for car purchases, further boosting meme coin market activity.