MarketVector's MEMECOIN index tracks top meme tokens like Dogecoin and Shiba Inu, showing 195% yearly gain, outperforming CoinDesk 20 and bitcoin.
Investment managers anticipate meme coin craze to persist, driven by low fees on Solana, enabling profitable small bets compared to prior Ethereum fee limitations.
A new genre of meme tokens, PoliFi, rose to $586 million market cap amid election season buzz, with BODEN token surging post-Trump comment and MAGA tokens seeing gains.
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