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BTCC / BTCC Square / Global Cryptocurrency /
Meme Coin Frenzy Fuels Crypto Rally as Sector Cap Hits $30 Billion

Meme Coin Frenzy Fuels Crypto Rally as Sector Cap Hits $30 Billion

Author:
Global Cryptocurrency
Published:
2026-03-05 13:05:02
7
2
BTCCSquare news:

Bitcoin leads crypto markets higher with a 2.7% gain to $73,150, while Ethereum follows closely at $2,150 amid broad sector momentum. The total crypto market cap now stands at $2.48 trillion, up 2.6% in 24 hours.

Meme coins dominate trading volumes, with the niche surging to $30.13 billion in market capitalization. Dogecoin rallies 5.2% to $0.10 as Shiba Inu, Pepe, and Bonk post comparable gains. Retail traders flood into presales like Maxi Doge ($4.65 million raised), betting on post-listing pops.

Institutional inflows through U.S. spot ETFs continue supporting the rally, with traders rotating into riskier altcoins. The meme coin sector's $4.85 billion daily volume suggests speculative fervor hasn't peaked.

|Square

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