Bitcoin has been on the rise for the week, rising more than 10% over the past seven days. The current price is $69,966 per CoinGecko, still below its all-time high of nearly $74,000 hit earlier this month.
But most of this week’s activity was focused elsewhere: the world of meme coins and tokens.
Among the top cryptocurrencies by market capitalization, one of this week’s biggest winners is Dogecoin. The ninth-largest digital asset has risen nearly 45% in seven days and is currently priced at $0.208.
It is beaten only by Bitcoin Cash, the 15th largest coin, which rose in value by more than 30% in one week and by more than 50% in 30 days.
In the rapidly changing world of meme coins, other tokens have also surged. Most notable is Dogwifhat, the top cryptocurrency this week. The Solana-based token is up almost 100% in a week, and at the time of writing its price is $4.52.
This week we are on a tear with the rise of major coins and tokens. Typically, when Bitcoin, Ethereum, Solana, etc. rise, memes can follow suit.
Another featured meme, Shiba Inu, also had a lot of luck this week. Dogecoin’s competitor, Shiba Inu, has risen more than 10% in value over the past seven days, sitting at $0.00003 early Saturday.
Other memes also gaining attention include Solana-based Bonk and Pepe, up 23% and 6% respectively.
Major coins such as Ethereum and Solana have also seen small price increases over the past week. Ethereum is up a little over 4% and is currently priced at $3,494.
Solana is up more than 12% and trading at $196.23.
Edited by Ryan Ozawa.
