Bonk and Floki Drive Meme Coin Win as Dogecoin and Shiba Inu Retake Seat – Emeren Group (NYSE:SOL)

Dog-themed meme coins topped the price chart Tuesday, with the lesser-known ones outperforming the heavyweights.

What happened: A rally defying gravity saw Solana SOL/USD-base Bonk pump 30% in the last 24 hours, propelling it to the top of the daily gainers list.

Canine coin trading volume jumped more than 230% in the last 24 hours to $2.40 billion.

With the latest surge, Bonk’s weekly gains soared to 53% as the cryptocurrency quickly approached its all-time highs set in late May.

Ethereum ETH/USD-base Floki was the second best performing coin of the day, up over 7% in value, with buying/selling volume nearly doubling over a 24-hour period.

The piece, named after That of Elon Musk Shiba Inu dog, has grown by more than 40% since Donald Trump won the presidential election.

See also: Shiba Inu Lead Developer Shytoshi Kusama Introduces SHIB in Response to Elon Musk’s Call for New Role Recommendations in the Trump Administration

Gains by Bonk and Floki eclipsed those of blue-chip currencies Dogecoin DOGE/USD And Shiba Inu SHIB/USD.

DOGE, despite riding on Musk and Vivek Ramaswamy official meeting at the Ministry of Government Efficiency, increased by only 3.41% in the last 24 hours. That said, the “original meme coin” has been one of the biggest beneficiaries of the Trump rally, rising 78% for the week and more than 232% in the past month.

SHIB, on the other hand, was down almost 7% in a 24-hour period, with its weekly gains narrowing to 27%.

The broader market cap of meme coins increased from $102.11 billion to $104.11 billion, an increase of 2%.

Image via Shutterstock

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