Bitcoin

April

Bonk

Shiba Inu

Mog Coin

Following the April 20th Bitcoin network halving, meme tokens were once again in high demand.
The total value of meme-based cryptocurrencies rose 11% in the last 24 hours to $54.7 billion, as many traders opted not to invest in Bitcoin. With a 42% increase in value over the last day, Bonk (BONK) emerged as the fastest-appreciating coin among these. Popcat (POPCAT) came in second, with a 35% increase in price, and MOG Coin (MOG) rounded out the top three with a 24% increase in rate.
The five fastest-growing meme tokens
Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF), the three most valuable meme-based cryptocurrencies by market cap, all saw price increases, though they were less dramatic. An increase of 26% was recorded for SHIB, 10% for WIF, and 5% for DOGE. Noteworthy, the meme token king still didn’t manage to entice a significant amount of investment, even though DOGE Day was celebrated on April 20, which happened to be the same day as Hemp Day.
One reason Bonk has become so famous is because of the upcoming Crypto Fight Night 4 tournament in Dubai on April 19th. The competition was sponsored by the startup BONK, which also served as an advertising platform for their cryptocurrency brand.

Meme tokens saw a surge in demand following the halving.

Blocksays

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