Top performing cryptocurrencies in the previous week: Dogwifhat (WIF) and Notcoin (NOT).

The cryptocurrency Dogwifhat (WIF) has emerged as the highest performing coin among mid-cap options.

In recent days, WIF has emerged as the leading performer among mid-sized altcoins, experiencing a remarkable 25.9% spike in its market value. This popular Solana-backed cryptocurrency hit a 7-week peak of $4 on major trading platforms, cementing its position as the top-performing coin among the top 50 in the market.

Dogwifhat (WIF) has a market capitalization of over $3.5 billion, surpassing well-known cryptocurrencies such as Arbitrum (ARB), Cosmos (ATOM), Kaspa (KAS), and Filecoin (FIL). In addition, Notcoin (NOT) had an impressive increase of 158% in the last week, making it the top performer among the top 100 cryptocurrencies.

In the ecosystem of Solana meme coins, smaller tokens such as Book of Meme (BOME) and Cat in Dogs World (MEW) have experienced substantial increases, emphasizing the optimistic trajectory of this industry.

Dogecoin (DOGE) had a slight decrease of 2%, while Shiba Inu (SHIB) and Floki (FLOKI) both had increases of 7% and almost 20% respectively. Floki also reached a market cap of over $2.5 billion, a milestone not reached in months.

In May, WIF (Dogwifhat) reached significant achievements.

In May of 2024, Dogwifhat (WIF) reached several significant accomplishments, such as making it into the top 30 assets based on market cap for the very first time. The community marked these achievements by sharing memes with the phrase “hat is still on,” harkening back to the token’s impressive performance in the first quarter.

Turbo (TURBO), a meme coin that gained attention, saw significant increases in value when it was added to Binance Futures, with the option for 50x leverage. This demonstrates the ongoing attraction to cryptocurrencies based on memes.