Memecoins “Boom-and-Burst” Season Returns With a New Narrative
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Memecoins led by CYBERLEEK and JOFF powered a local rally across Solana- and Hyperliquid-based tokens, with CYBERLEEK surging over 30,000% in one week, highlighting extreme token performance and speculative activity. DEX trading volume jumped from $3.3 billion to a $12.9 billion daily peak (nearly 4x), showing renewed memecoin-driven adoption beyond Solana and Base and amplifying market impact and DeFi/CEX risk.
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- CYBERLEEK and JOFF memecoins lead the Solana- and Hyperliquid-based tokens’ rally.
- Surging over 30,000% in one week places CYBERLEEK among the best-performing cryptos.
- Memecoin speculation is no longer concentrated exclusively on Solana and Base.
Last week’s crypto market rally, which saw Bitcoin and other top digital assets surge significantly, extended to memecoins. Typical of the digital asset class, some tokens experienced unusual rallies and produced outstanding gains.
During the period under review, decentralized exchange (DEX) activity accelerated rapidly, with daily trading volume rising from $3.3 billion to a peak of $12.9 billion, according to CryptoRank data.
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Local Memecoin Seasons Are Back
DEX activity accelerated sharply last week, with daily trading volume rising from $3.3B to a peak of $12.9B, nearly a 4x increase.
During this time, memeco…
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Coins
$ 78.59K
-0.46%
$ 97.11
-0.08%
$ 79.39
+1.81%
$ 0.0136
+25.8%
$ 0.016
-14.1%
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In This News
Coins
$ 78.59K
-0.46%$ 97.11
-0.08%$ 79.39
+1.81%$ 0.0136
+25.8%$ 0.016
-14.1%Predictions Markets
See what traders are focused on
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