This week’s surge in widespread memecoins corresponding to (SHIB) and (DOGE) might be indicators that the nice occasions are again, and a fast look at crypto Twitter (NYSE:) reveals an extended record of tweets the place aspiring merchants focus on shopping for Lamborghinis, quitting their day jobs and changing into a full-time crypto merchants.

Whereas DOGE and SHIB are receiving the vast majority of the eye from media and buyers, they don’t seem to be the one low-priced tokens which have seen a spike in worth. On all main networks, together with the Binance Good Chain (BSC), the worth of memecoins has risen, an indication that retail buyers of all courses are feeling bullish once more.

Prime-5 largest memecoin gainers on the 7-day chart. Supply: CoinGecko
HOGE/USD 3-hour chart. Supply: CoinGecko
ASS/USD 1-hour chart. Supply: CoinGecko
TABOO/USD 1-hour chart. Supply: CoinGecko