Bitcoin’s Wild Ride: Meme Coins Go Bananas as BTC Hits $109K!

Well, well, well! As Bitcoin took a sledgehammer to its previous record on this fine Wednesday, the meme coins decided to put on their running shoes and sprint ahead, flaunting some impressive double-digit gains like a rooster in a henhouse.

Meme Coins Twinkle Like Stars in Bitcoin’s Glorious Sky

Bitcoin has soared to a jaw-dropping $109,500 per coin, a feat that would make even the most stoic of folks raise an eyebrow. While BTC climbed over 4% in a day, the real ruckus was happening in the meme coin corner. The whole shebang of meme coins now boasts a market cap of $76.4 billion, which is a 3.9% jump in just 24 hours—talk about a party! 🎉

MOG/USD on May 21, 2025.

Leading the charge, MOG took the crown with a dazzling 13.17% gain, closely followed by WIF, who strutted in with a 12.68% rise. GIGA hopped along with a 12.49% increase, while FARTCOIN—yes, you read that right—added a respectable 12.04%. The TRUMP meme token, because why not, added 11.18%. Meanwhile, Bitcoin-themed DOG jumped 10.87%, POPCAT tickled up 10.61%, and BRETT rounded out the gang with a 10.12% lift. It’s a veritable circus! 🎪

But hold your horses! Not every meme coin was basking in the limelight. MOODENG took a tumble of 3.29%, and AIC fell flat with a 6.9% drop. On the derivatives front, short sellers who thought they were clever targeting DOGE, WIF, PEPE, and FARTCOIN were caught with their pants down, leading to a cascade of liquidations. DOGE alone wiped out nearly $7 million in short positions—yikes! 💸

As Bitcoin keeps climbing higher than a kite in a windstorm, many in the crypto sphere are betting their bottom dollar that an altcoin surge is just around the corner once BTC decides to take a breather. And guess who’s expected to lead the charge? You got it—those cheeky meme coins!

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2025-05-21 19:35