Meme coins rally with Pepe price gaining 15%
The top eight meme coins have seen their trading volumes rise significantly over the past 24 hours, while the global crypto trading volume has doubled over the last two days. The 24-hour trading volume of the crypto market was around $20 billion on June 19, but it currently stands above the $48 billion mark as many of the significant cryptocurrencies surge. You might also like: Canadian regulator warns against crypto companies with fake approval Moreover, the meme coins market capitalization and trading volume have hiked notably over the past day. According to data provided by CoinMarketCap (CMC), the asset class witnessed a nearly 4% rise in its market cap, reaching $14.92 billion at the time of writing. Per the data, the meme coin trading volume climbed to the $780 million mark, showing a 49% rise. Of this tally, over $581 million of the trading volume belongs to the top three meme assets — dogecoin (DOGE), shiba inu (SHIB) and pepe (PEPE). According to CMC, the 24...