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Home»Market»Meme Coins Reach New Highs as Bonk, Mog and Brett Set Record Prices Amid Dogecoin Resurgence
Market

Meme Coins Reach New Highs as Bonk, Mog and Brett Set Record Prices Amid Dogecoin Resurgence

November 21, 2024No Comments
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Several meme coins, including Bonk (BONK), Mog Coin (MOG), and Brett (BRETT), reached all-time highs over the weekend, led by a broader crypto market surge.

Several meme coins, including Bonk (BONK), Mog Coin (MOG), and Brett (BRETT), reached all-time highs over the weekend, led by a broader crypto market surge and a renewed interest in Dogecoin.

Bonk, the second largest coin in the Solana network, hit a high of $0.000049 on Friday, a 120% increase from the previous week. The coin continued to climb, surpassing its peak and hitting a new all-time high on Saturday. The surge came after the launch of a campaign to burn up to a trillion BONK tokens, aimed at increasing scarcity and boosting demand.

Mog Coin also set a new record high, hitting $0.0000029, marking its second all-time high in just three weeks. Meanwhile, Brett Coin rose above $0.19 on Friday, hitting a new high. Other meme coins, such as Goatseus Maximum (GOAT) and Moo Deng (MOODENG), also saw significant price increases, with GOAT reaching $1.30 and MOODENG reaching $0.68.

Earlier in the week, other meme coins like Pepe (PEPE), Cat in a Dog’s World (MEW), and Fwog (FWOG) set their own records. The meme coin industry has grown significantly, with many tokens now ranking in the top 100 in terms of market capitalization.

Dogecoin (DOGE), the original meme coin, also hit a three-year high of $0.43 earlier this week, sparking renewed interest in meme coins. The push coincided with the announcement that Elon Musk would be involved in a new government initiative, the Department of Government Effectiveness, dubbed DOGE, under President-elect Donald Trump.

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