The booming meme coin market signals the arrival of another meme season. Recently, meme coins have posted substantial gains, with Gamestop up 1000%, ERC 20 up 510%, and others showing impressive growth. Popular meme coins like Dogecoin, Shiba Inu, and PEPE also saw significant increases throughout the week.
Spotlight on Lesser-Known Meme Coins
While the well-known meme coins dominate headlines, several lesser-known coins also experienced price rallies this week. Here are some of the standout performers:
1. MAGA VP (MVP)
MAGA VP, a token created to support former U.S. President Donald Trump, saw a 12% increase in the last 24 hours and a remarkable 209% surge this week. As of now, MAGA VP is trading at $0.6219, with a market cap of $25,820,854 and a trading volume of $2,757,229 after a 6% rise.
2. MANEKI (MANEKI)
MANEKI, a Solana-based meme coin, surged 146% this week. Currently trading at $0.01284, it experienced a 44% increase in the last 24 hours. Its market cap stands at $109,141,230 with a 45% increase, and its trading volume is up by 61% to $77,146,030. Last month, MANEKI hit a new all-time high of $0.02774.
3. Andy on SOL (ANDY)
Andy on SOL, another Solana meme coin, saw a 136.66% hike this week. In the past 24 hours alone, ANDY rose 17%, reaching $0.004406. Its market cap is now $4,169,426, though its trading volume has decreased to $2,040,142. ANDY peaked on the 16th, hitting $0.005516.
Final Thoughts
Meme coins have become popular for their potential short-term gains. Despite overall crypto market volatility, meme coins achieved significant gains this week, boosting their market caps. The past few days have been particularly favorable for meme coin investors, as even lesser-known coins like MAGA VP, MANEKI, and Andy on SOL posted impressive returns.
