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At press time, the total crypto market capitalization stands at $3.5 trillion, a growth of 2.5% over the past 24 hours. The total figure for meme coins increased by 14% during the same period, reaching over $127 billion. As the bulls continue to drive trading activity, bearish traders are warning of high volatility in January.
Best Coin Winners Meme
According to CoinGecko data, these assets are topping the coin charts on the back of massive community participation. Nexus Erebus (NXR) leads the pack with a 503% gain today to trade at 0.001682. The asset’s growth pattern can be observed over multiple time periods, showing resilience despite periods of price corrections.
Last week, NXR had a strong performance, posting 1,292.5% and recovering from gains of 307% over the past 30 days. The asset’s market cap is over $1.6 million, and low numbers attract new users. Traditionally, crypto traders prefer early positions in meme coins to gain an advantage.
MLG follows with an inflow increase of 269% today. The meme coin is trading at $0.009225, bringing its market cap above $8.8 million. MLG saw gains of 196% this week, alongside a similar monthly figure. The reasons for the asset growth ranged from community participation to high volumes.
 Trumpius Maximus (TRUMPIUS) saw a 215% increase today to trade at $0.2685. Like other fast-growing meme coins, the asset has seen huge short-term gains.
Is a coin frenzy on the agenda?
Several crypto users have predicted a coin frenzy this year, citing a range of market-moving factors. Meme coins are known for aligning with broader market trends, leading to close monitoring of altcoin fundamentals.
Last year, the market landed two coin rallies after Bitcoin hit new all-time highs. The first came following the approval of spot Bitcoin ETFs, while the second was registered after the US presidential elections. Days after Donald Trump’s inauguration, crypto traders repositioned their holdings. Recently, coin bulls also made large asset purchases, tilting sentiments higher.