Meme Coins Surge as Institutional Interest Grows
Meme coins dominate today's crypto rally, fueled by institutional backing and speculative fervor. The sector's $58 billion market cap underscores its potential for explosive gains—some tokens deliver 7-10x returns within 24 hours. High-risk traders are flocking to assets like Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and PepeNode ($PEPENODE), which leverage Layer-2 solutions, staking mechanics, and gamified mining respectively.
JPMorgan's tacit endorsement mirrors broader exchange support, creating a self-reinforcing cycle of liquidity and hype. The market's trajectory suggests meme coins are evolving beyond internet jokes into legitimate, if volatile, investment vehicles.