With Bitcoin surging above $68,000, several meme coins including Woman Yelling At Cat, Settled EthXY Token, and Phili Inu have experienced significant gains.
According to CoinMarketCap, the global crypto market has been slowly recovering from last week’s downturn. The market cap has risen from $2.17 trillion to $2.34 trillion over the weekend.
Bitcoin (BTC) is currently trading above $68,000, while Ethereum (ETH) is hovering around the $2,600 mark. However, there are signs of a potential reversal as the market cools down in the last few hours.
Despite the uncertainty, the three meme coins mentioned earlier have seen double-digit gains.
Woman Yelling At Cat, inspired by a meme parodying “The Real Housewives of Beverly Hills,” has witnessed an impressive price trajectory. In the span of 24 hours, the coin surged from a low of $0.02504 to a high of $0.05288. The exact reason for this surge is unclear, but the coin’s popularity on social media platforms is growing.
However, the surge seems to have calmed down for now. The market cap of Woman Yelling At Cat currently stands at $45.5 million, and it reached an all-time high on October 17. This recent surge has made it the largest gainer on CoinGecko’s list, and it has experienced a 6200% surge in the last 30 days, according to on-chain data portal Alphanomics.
Settled EthXY Token (SEXY) and Phili Inu (PHIL) are also among the top gainers on CoinGecko’s list. SEXY has seen an increase of almost 80% from its 24-hour low of $0.2408, while PHIL has experienced a 54% pump. PHIL has also seen an impressive surge of over 130% in the last 30 days, with its price hovering around $0.04.
These gains in lesser-known meme coins coincide with the relaxed price movement of Popcat (POPCAT), a cat-themed Solana (SOL) meme coin. POPCAT has seen a decrease of over 3% in the last 24 hours and 15% in the last seven days. However, it’s worth noting that POPCAT has had similar pullbacks after major pumps in the past, and its current trajectory is uncertain.
In other news, Bitcoin ETFs have seen weekly inflows surpassing $2.1 billion, and whale accumulation is mirroring the 2020 rally.