Following a stormy stretch characterized by political intrigue and changing market moods, the meme coin sector has staged an impressive comeback this week. Meme coin investors reaped rewards as the combined market cap of meme coins rose 3%, climbing from $60.03 billion to $61.99 billion. That increase also took place against a backdrop of broadening strength in the crypto market, where several major assets enjoyed solid upward moves. Even the price of Bitcoin, which had been somewhat mired around the $40,000 level, surged upward toward the end of the week. Trader and investor sentiment surrounding Bitcoin hit a seven-month peak,
The post Week in Memes: The Milei Meme Melee Ends, Market Bounces Back Strong appeared first on The Merkle News.
