Crypto Community Witnesses Impressive Surge as COOLS WYAC and PHIL Meme Coins Experience Double Pump
With Bitcoin soaring above $68,000, several meme coins have also experienced significant spikes in value. Coins like Woman Yelling At Cat, Settled EthXY Token, and Phili Inu have all seen double-digit increases.
According to CoinMarketCap, the global crypto market has been slowly recovering from last week’s slump. The market cap has risen from $2.17 trillion to $2.34 trillion over the weekend.
Bitcoin (BTC) is currently hovering above $68,000, while Ethereum (ETH) is trading around the $2,600 level. However, in the past few hours, the market seems to be cooling down, indicating a potential reversal.
Despite this uncertainty, the three meme coins mentioned earlier have all experienced significant gains.
Woman Yelling At Cat (WYAC), a meme coin inspired by a popular image from “The Real Housewives of Beverly Hills,” has seen a remarkable price surge. It went from a 24-hour low of $0.02504 to a high of $0.05288. The exact reason for this surge is unclear, but the coin’s popularity on social media is growing.
However, the surge seems to have subsided for now. WYAC currently has a market cap of $45.5 million, reaching an all-time high on October 17. This surge has made WYAC the largest gainer on CoinGecko’s list. On-chain data portal Alphanomics also reports a 6200% surge in the last 30 days, making WYAC one of the top five biggest price gainers.
SEXY and PHIL, two other meme coins, have also experienced significant increases. Settled EthXY Token (SEXY) is up by nearly 80% from its 24-hour low of $0.2408. Phili Inu (PHIL) has seen a 54% increase and a 130% increase in the last 30 days, with its price hovering around $0.04.
These gains in meme coins coincide with a slight decline in Popcat (POPCAT), a cat-themed Solana (SOL) meme coin. POPCAT is down by over 3% in the last 24 hours and 15% in the last seven days. However, it is worth noting that POPCAT has experienced similar pullbacks in the past, so its future trajectory remains uncertain.
In other news, Bitcoin ETFs have seen significant inflows, surpassing $2.1 billion weekly, and whale accumulation is reminiscent of the 2020 rally.
