Meme coin rally: BONK, WIF, BRETT and PEPE are all up 15%

Meme coins are enjoying their time in the green while Bitcoin (BTC), which experienced a downturn this week, has climbed 3% in 24-hour trading.

Trading chart that shows the growth of the 'Dogwifhat' and 'BONK' coins

BONK, WIF, BRETT, and PEPE have all surged over 15% amid a broader meme coin rally. Let's take a look at each.

Bonk

At the time of writing, Solana-based meme coin Bonk (BONK) was still up 12% in the last 24 hours.

The leading dog-themed Solana coin was trading at $0.000022 per data from CoinMarketCap (CMC). In the same time frame, its trading volume saw a drop of 1%, hovering around $319.5 million, suggesting traders could be holding on to their BONK tokens and expecting a further jump in price.

Trading chart that shows the growth of the 'Bonk' coin

Moreover, BONK's market cap was standing at $1.52 billion, marking it as the 50th largest cryptocurrency per CMC. Despite the latest price surge, the dog-themed meme coin is still down 52% from its all-time high of 0.000047, which it reached on March 4.

Dogwifhat

Dogwifhat has also seen a greater jump of 22%, currently trading at $1.99 as of press time. The 41st largest cryptocurrency in terms of market cap had a daily trading volume of $580 million per CMC.

Trading chart that shows the growth of the 'Dogwifhat' coin

At the time of publication, WIF’s market cap stood at $1.98 billion, holding the rank of 41st largest crypto asset. The canine-themed meme coin (also a Solana-based coin) is still down 60% from its all-time high of $4.85 attained on March 31.