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Memecoins crush crypto market returns with 6x gains

Memecoins soared with 103% average returns in 30 days—6x the crypto market’s 16.1%. Dogecoin shot up 196.1%, while PepeCoin jumped 121.1%. Solana’s Bonk gained 70.2%, but election-linked coins like MAGA crashed 72%. Memecoins now dominate 24% of crypto chatter on X. Only 9 of 22 sectors beat the market, with memecoins leading the pack. AI and data tokens lagged, posting losses.

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