Memecoins Extend New Year Gains, Pepe and Bonk Lead the Pack

Several meme coins extended their gains in the new year, with dogwifhat rising 17%, Pepe up 14%, and Bonk up 13.67%. Shiba Inu increased by 8.54%, while Dogecoin rose 2%. The memecoin market capitalization increased by 5.72% to $47.75 billion, with a total trade volume of $8.83 billion.