The cryptocurrency market seems to be entering another bullish phase. Bitcoin (BTC) has reclaimed the $65,000 level for the first time since early August. The global crypto market cap, on the other hand, has risen 1.5% in the last 24 hours to $2.41 trillion.
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Although BTC’s performance is commendable, some memecoins are outperforming the original cryptocurrency. Let’s take a look at three memecoins that are outshining BTC today.
Top 3 Cryptocurrencies Outperforming Bitcoin
1. Pepe (PEPE):
Pepe is up double-digits across the board. The asset has rallied 15.8% in the daily charts, 24% in the weekly charts, 41.5% in the 14-day charts, and 34.2% over the previous month. The asset is also up by 1367.4% since September 2023. The memecoin has outperformed Bitcoin by quite a margin over the last few days.
Source: CoinGecko
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The asset may continue its bullish trajectory over the next month, given that historically October has been a bullish month for the cryptocurrency market.
2. dogwifhat (WIF):
Source – Biztech Africa
WIF is one of the new cryptocurrencies that has quickly climbed the top 100 charts. The memecoin is up by 6.8% in the daily charts, 24.2% in the weekly charts, 49.3% in the 14-day charts, and 46.3% over the previous month.
Source: CoinGecko
WIF is based on the Solana (SOL) network. Apart from WIF, other SOL-based meme cryptocurrencies have also witnessed incredible growth this year. WIF may continue to follow its upward momentum over the next few weeks.
3. Bonk (BONK):
Source: Decrypt
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BONK is another Solana-based meme cryptocurrency that has outperformed Bitcoin in recent times. The asset has rallied 12.8% in the daily charts, 22.5% in the weekly charts, 32.5% in the 14-day charts, and 24.5% over the previous month. The memecoin has also risen by a whopping 10,895.6% since September 2023, far outshining most major assets.
Source: CoinGecko