Solana Meme Coins Outpace Dogecoin and Shiba Inu in Recent Rally

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BONK surged 10.9%, leading the meme coin rally.
FLOKI rose 5.28% and is now trading at seven-day highs.
BRETT increased 3.16% in value amid the popularity of Solana-based meme coins.

Meme coins are experiencing a resurgence, with significant gains in the past 24 hours. Leading tokens Bonk (BONK), Floki (FLOKI), and Brett (BRETT) have spearheaded the bullish momentum after a few days of sluggish movement.

The meme coin market capitalization currently stands at $48 billion, according to CoinMarketCap data. Dogecoin (DOGE) and Shiba Inu (SHIB), two dog-themed meme coins that gained widespread popularity in 2021, continue to lead the sector in terms of market cap. The trading volume of the meme coin sector has surged to $3.49 billion.

The top performer in the meme coin sector is Bonk (BONK), the first dog-themed coin on Solana. BONK has surged 10.9% to a current price of $0.00002629. The token’s volume stands at $341 million, and its market capitalization is $1.79 billion. BONK is also nearing entry into the list of the top 50 digital assets by market cap, currently ranked at 51.

The BONK chart indicates that the meme coin is attempting a rebound, aiming …

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