Memecoins Add $8 Billion; PEPE 65%, BONK 49% After 3.2% Altcoin (non-Bitcoin cryptocurrencies) Dominance in December

Memecoins (joke-themed cryptocurrencies) increased market capitalization (total coin value) by $8 billion as PEPE rose 65% and BONK gained 49%, following a historic 3.2% altcoin (non-Bitcoin cryptocurrencies) dominance in December.

BTC
PEPE
BONK

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Terms & Concepts
  • Altcoin: Any cryptocurrency other than Bitcoin; often tracked by market share.
  • Memecoin: A cryptocurrency inspired by internet memes; highly speculative and volatile.
  • Market capitalization: Total value of a crypto asset or sector, calculated by price times circulating supply.