A popular cryptocurrency has been named, the value of which increased by 40% per day

Amid the growth of the global cryptocurrency market capitalization and the value of bitcoin by more than 10%, the price of many memtokens has soared even more over the past day. For example, the most famous digital currency of this class, Dogecoin (DOGE), has risen by 38% in 24 hours.

It is worth noting that the digital currency DOGE is sold 82% cheaper than its historical price maximum. In addition, other memcryptocurrencies have also significantly increased in value. For example, Shiba Inu (SHIB) has risen in price by 25.25%.

It is also worth noting the rapid growth of Bonk (BONK) quotes. This cryptocurrency became more expensive by 55.3% during the reporting period and reached a capitalization of $ 1.39 billion, overtaking Pepe (PEPE). The latter also gained 17.3% over the previous 24 hours.

Despite the skeptical attitude of some market participants, PEPE’s memtoken continues to show successful growth. On the morning of February 28, the price of PEPE updated its historical high, falling by several percent afterwards. Well-known crypto traders and analysts remain positive about PEPE’s prospects. Bluntz Capital believes that memecoin has completed its correction and started a new upward movement.