A solid start to the week for crypto traders. Some altcoins such as Solana are producing modest pumps, but as usual, market recovery can't go without meme coin pumps.
Meme coin prices experienced a surge on Monday, led by BOME, MOG, and BRETT, while major crypto traders had a solid start to the week.
Some altcoins, such as Solana, showed modest gains, but meme coin pumps were particularly evident.
BOME spearheaded the rally with a 20% pump, pushing its market cap to over $700 million. Another meme coin “battling” it out with BOME in the market cap department was MOG coin, which surged by 13%. However, its market cap remained just below $700 million.
notable MOG coin price pumps occurred in July, briefly flipping BOME, but the latter quickly regained the lead.
BRETT also experienced a 10% price increase, making it the third-best performing top altcoin.
Other meme coins, including FLOKI, DOGE, and SHIB, showed more modest gains but were all trading in the green.
Interestingly, the three best-performing altcoins were present on the Solana, Ethereum, and Base networks, respectively, indicating that no single network currently dominated the meme coin market.
The meme coin market remained highly volatile, with rapid shifts in leadership and performance across different blockchain networks.
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