Crypto assets are recording a slight recovery in the market this week with meme coins gaining the most traction. A surge in sentiment has lifted most top holdings out of the doldrums igniting bullish signals around new tokens. The positive trajectory can be seen in the 2.6% daily jump of Bitcoin (BTC) turning weekly flows to the green zone. 

The total crypto market capitalization has moved past $2.58 trillion after jumping 1.58%. Meme coins are the biggest gainers as expected with tokens soaring above 500%. Top meme coins also posted decent figures with an overall market capitalization of $67 billion. Solana and Dog-themed tokens also saw inflows. Here are three meme coins making 400X gains.

Feels Good Man (FGM)

FGM leads meme coin gains in the last 24 hours surging over 1000%. The massive inflow comes following a string of positive weekly momentum wider inflows trickle into crypto assets. The asset gained 968% this week and 1064% this month. FGM price now stands at $0.00003549 taking its market cap to $2.32 million as daily volumes continue to surge.

WSB Coin (WSB)

WSB Coin is up 430% today soaring with similar meme coins. The asset’s price stands at $0.00002614 after positive short-term numbers. This week, WSB notched 157% gains and has seen over 700% inflows this month. However intraday trading has wiped out a portion of its market capitalization at press time, the market cap stands at $1.6 million with an increased daily volume.

AMC (AMC) 

AMC’s price has surged 350% today to trade at $0.00985. Although the asset isn’t at 400% gains, users rally around the token pushing its price with positive momentum. The coin joins top newly launched meme coins with skyrocketing inflows. According to data from CoinGecko, AMC’s 24-hour volume is at $2.7 million as bulls ignite to rally markets. 

Bitcoin and altcoins have marked gains as the top 20 assets by market capitalization see inflows. However, Chainlink, Tron, and Near Protocol posted losses in the market within these periods. 

Also Read: Will XRP Price Finally Have A Breakthrough in June?

The post 3 Meme Coins Tapping 400X This Week appeared first on CoinGape.

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