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Meme Coins Surge Amid Crypto Market Rally, Pepecoin Leads with Record Gains

As Bitcoin approaches its all-time high, meme coins like Pepecoin, Dogecoin, and Shiba Inu experience significant surges, with Pepecoin achieving a 370% weekly increase.

  • Pepecoin's trading volumes hit lifetime highs of $3.6 billion, outpacing other meme coins in the recent rally.
  • Bitcoin's rise to $65,000, nearing its all-time high, fuels a broader crypto market surge, benefiting meme coins.
  • Dogecoin, Shiba Inu, and other meme coins also see substantial gains, with Dogecoin up 170% and Shiba Inu up 200% over the past week.
  • The total market capitalization of the top 100 meme coins increases by 30%, reaching $52 billion.
  • Crypto short sellers lose an average of $110,000 per minute as meme coin rallies lead to significant liquidations.
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