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Analysts have named tokens whose trading volumes have grown by 3000%
Over the past week, popular memecoins such as Pepe, Floki, Bonk, and others have shown rapid growth. The price of memecoins has increased by more than 500%, and the trading volume has increased by almost 3000%.
According to Santiment, as public interest and prices have changed significantly, many memecoins have reached new all-time highs (ATHs). Along with the trading volume and sharp price increases, memecoins have also seen a significant surge in social activity.
Over the past week, the price of Ethereum-based Pepe has increased by more than 370%. Although the token ranks 44th in terms of market capitalization, Pepe is currently eighth in terms of trading volume.
Over the past week, the price of Bonk, which is based on the Solana blockchain, has increased by 190%. Floki recorded 350% growth on the weekly price chart, ranking 16th in terms of trading volume.
As a reminder, crypto market experts have identified three promising tokens that are ready for a price breakthrough in March. Among them: Solana, Dogecoin, and The Graph.