PEPE, FLOKI, WIF, and BRETT saw daily gains of over 20% on Tuesday, driven by Bitcoin’s recent recovery. These meme coins are at the forefront of the crypto market resurgence.
PEPE, based on Ethereum, surged 24%, trading at $0.00001187, with its market cap surpassing $5 billion. FLOKI, on the Solana blockchain, increased by 21%, with a market cap near $1.79 billion.
WIF, another Solana-based coin, jumped 22%, trading at $2.16, though still down 55% from its all-time high. BRETT, inspired by a comic character, also rose 21%, trading at $0.147, with its market cap reaching $1.39 billion.
Bitcoin’s rise to $64,900 positively influenced these gains, highlighting its impact on the altcoin market. The global cryptocurrency market cap also saw a 1.6% increase to $2.34 trillion, with the meme coin sector rising nearly 13%.
This trend underscores Bitcoin’s strategic importance in driving investor confidence and market activity in altcoins and meme coins.
