Dog coins dominated the market: No such increase!

Dog coins, which exploded with the Memecoin craze, moved to the top, leaving other altcoins behind.

The climb of Bitcoin (BTC) above a psychologically and technically critical level mobilized memecoins in a short time. Memecoins in the Solana ecosystem, especially dog coins, have experienced a significant increase. Bonk (BONK), the leading names of dog coins, ranked first with an increase of 64.65 percent, and Dogecoin (DOGE) ranked second with an increase of 34.73 percent, while Shiba Inu (SHIB) ranked second. With an increase of 25.15 percent, it was placed in the “Most Most Increasing Crypto Currencies List”.

## The Memecoin trend showed its strength once again!

memecoins, which are indispensable in the cryptocurrency market, came to the fore again by taking advantage of the sharp rise of BTC. Memecoins, which have been in the background for a while due to the change in trends, have proven themselves once again with the latest rise. According to the data published by CoinMarketCap, the highest rising projects of the last 24 hours were recorded as dog coins. This development made memecoin enthusiasts happy.

With the increase in Memecoins, many theories have been put forward. It has become a matter of curiosity whether billionaire businessman Elon Musk**, who has been silent for a long time, will share the latest developments on social media. Musk, who shook the market with his tweets about DOGE in 2021, may re-show his old support for memecoins with these increases. In such a scenario, we may witness a more severe memecoin bull.