Bitcoin surges above $68,000, triggering significant interest in meme coins such as Woman Yelling At Cat, Settled EthXY Token, and Phili Inu, which all experienced double-digit gains.
The global cryptocurrency market has shown a promising recovery, climbing to a market cap of $2.34 trillion, up from $2.17 trillion recorded last weekend, as reported by CoinMarketCap.
Currently, Bitcoin (BTC) is trading above $68,000, while Ethereum (ETH) remains around the $2,600 mark. However, recent hours indicate a cooling trend, suggesting a potential market reversal.
Notwithstanding the volatility, several meme coins have registered impressive gains.
Woman Yelling At Cat Experiences 80% Surge
New data highlights a remarkable price movement for the meme coin inspired by Taylor Armstrong, Woman Yelling At Cat (WYAC). The coin jumped from a 24-hour low of $0.02504 to a high of $0.05288.
Although the precise cause of this price boom remains ambiguous, WYAC is gaining traction on social media platforms.
As it stands, WYAC now boasts a market capitalization of $45.5 million, having recorded an all-time high on October 17. This surge has positioned it as the top gainer on several crypto tracking lists, with on-chain data showing a staggering 6200% increase over the past month.
Significant Gains for SEXY and PHIL
The latest rankings from top gainers reveal Settled EthXY Token (SEXY) and Phili Inu (PHIL) also posting remarkable double-digit increases.
SEXY has surged nearly 80% from its 24-hour low of $0.2408, retracing slightly after peaking at $0.5241. Launched in August 2023 on the Ethereum blockchain, this coin is gaining momentum.
Meanwhile, PHIL experienced a 54% increase, contributing to its 130% rise over the past month, with its current price around $0.04.
These notable movements in lesser-known meme coins occur against a backdrop of reduced activity in Popcat (POPCAT), which has observed a decline of over 3% in the last 24 hours and 15% over the past week. Despite previous patterns of recovery following price dips, the future movement of POPCAT remains uncertain.
