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Meme Coins Rise as NFTs Hit a Rough Patch

As the crypto landscape undergoes a dramatic transformation in early 2024, meme coins have taken center stage and generated unprecedented gains. In this context, the NFT market faces a recession, setting the stage for a possible comeback driven by innovative projects and a revitalized focus on utility and technology.Tale of Two Trends: Meme Coins Soar…

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The meme coin market bucks the crypto downtrend with a 3.2% rise, led by gains in DOGE and BONK

Recent data suggests that the meme coin sector recorded a 3.2% increase in the last 24 hours despite an overall decline in the crypto economy. In particular, Dogecoin and Bonk recorded increases of 1.2% and 9%, respectively. Additionally, several meme tokens posted double-digit gains on Sunday. Meme tokens defy the crypto crisis The meme coin…