The cryptocurrency market is rebounding from the recent sell-off. Bitcoin (BTC) has reclaimed the $63,000 mark after falling to $54,000 a few weeks back. Memecoins, in particular, are witnessing a massive surge in the latest market rally. Popular memecoins are registering double-digit gains, outperforming major crypto projects such as Bitcoin and Ethereum.
With that said, let us look at three memecoins to watch this week.
Top three meme cryptocurrencies to watch this week
Popcat (POPCAT):
Popcat (POPCAT) is the latest memecoin to take the crypto world by storm. The asset recently entered the top 100 projects by market cap and is currently the best-performing asset among the top 100 projects. Popcat has rallied by 5.7% in the daily charts, 61.6% in the weekly charts, 37% in the 14-day charts, and more than 196% over the previous month.
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The memecoin is based on the “popcat” meme from October 2020 but made its crypto debut only just recently. The asset is quickly climbing the charts and could prove to be a strong contender in the meme cryptocurrency space.
Pepe (PEPE):
Pepe is also outperforming major cryptocurrencies in the market. Pepe is down 1.1% from the previous month, but it has increased by more than 20% in the last day, more than 25% in the weekly charts, and 1.8% in the 14-day charts.
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The asset has witnessed stellar growth since its launch in April 2023. Pepe has rallied by over 621% in the yearly charts.
dogwifhat (WIF):
WIF is another memecoin that is witnessing a massive surge right now. The asset has rallied by over 19% in the last 24 hours and 24.3% in the weekly charts. WIF continues to glow red in the 14-day and monthly charts, falling 4.8% and 13.7%, respectively.
