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Recently, the meme coin sector has heated up again, and it can definitely be described as "scorching hot."
The data is right here — $BONK has seen the biggest surge this round, jumping 30-40%. $PEPE follows closely behind, up 34%. Even veteran $DOGE is not willing to fall behind, with gains between 12-15%. $FLOKI and $SHIB are both in the red, making the entire sector look vibrant and prosperous.
Driven by this wave of market activity, the total market cap of the meme sector soared by over $5 billion in just one day, and trading volume also exploded. As various coins climb the rankings, discussions in the community are growing louder — who is the true king of the meme track? Some are holding onto $BONK for its rapid rise, others are betting on $PEPE’s long-term potential, and some believe that $DOGE’s market cap makes it the safest choice.
Honestly, this kind of heat reflects both market participation and the FOMO vs. rational debate. The sector is indeed heating up, but how long it can last and whether it will quickly pull back are all issues to watch.