Bonk, Mog and Brett reach all-time highs as Dogecoin Spurs Meme Pump

Several valuable coins set new all-time high prices Friday and Saturday after others did so earlier this week, as the post-election crypto market rallied more broadly, and particularly the resurgence of original coins. Dogecoin– has boosted demand for volatile assets.

Bonk (BONK), the second largest Solana same coin by market cap, hit a new high of $0.000047 on Friday, breaking a May record, then pushed even higher on Saturday, hitting a new all-time high. above $0.000049. It is currently up 120% from last week, according to data from CoinGecko.

The pump arrived after the project launched a campaign to burn up to 1 trillion BONK– worth over $39 million currently – between now and Christmas Day, based on various engagement criteria, incentivizing fans and community members to complete tasks across networks social. Burning tokens reduces the supply of tokens, thereby increasing scarcity and potentially increasing the price accordingly.

However, other major coins also hit high marks on Friday without such plans. Brett (BRETT), a meme piece on Ethereum layer 2 network Basepeaked at a new high above $0.19 on Friday evening, while Mog Coin (MOG) reached a new all-time high price of $0.0000029.

A few newer meme coin sensations have also reached new heights, like Goatseus Maximum (GOAT), a token conceptualized by an AI chatbot, but created by a human, which rose to $1.30 SATURDAY. And Moo Deng (MOODENG), a Solana token inspired by the recently viral baby pygmy hippo, created a new maximum price of $0.68.

Earlier this week, Pepe (PEPE), Cat in a Dog’s World (MEW) and Fwog (FWOG) all set new record prices. Other notable meme coins also moved closer to their respective records, such as Solana’s Dogwifhat (WIF).

Meme coin market cap comes after Dogecoin (DOGE) – the original meme coin – reached a three-year high price of around $0.43 earlier this week. DOGE’s resurgence has occurred amid ties to Elon Musk (as usual), who will co-lead a new government effort under President-elect Donald Trump called the Department of Government Effectiveness – yes, DOGE