Meme Coins Surge, Outperforming Broader Crypto Market Amid Risk-On Sentiment
Meme coins like Pepe and Bonk are experiencing significant growth, with double-digit gains. According to reports, this surge is happening as risk-on sentiment returns to the market. The renewed interest appears to be driven by improvements in geopolitical and fiscal policies, though specific details were not provided in the source. The meme coin sector is currently outperforming the broader cryptocurrency market, suggesting a shift in investor appetite towards higher-risk assets.
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