The meme coin market has been outperformed in recent days by Pepe and Dogwifhat (WIF), after the listing on Robinhood's cex

WIF numbers

The new generation memecoins, such as WIF and Pepe, not only hold their own against the classic DOGE and BONK, but seem to even record better numbers.

In particular, in the last few hours, WIF, with a +35% in the last day supported by the launch of the token on the Robinhood Europe cex. Pepe, similarly, records an incredible performance, with a +44% in the last 24 hours and a +275% weekly. However, Bonk (+10%) and Dogecoin (+17%) remain further behind, with weekly percentages that are in any case incomparable with the rest of the sector.

Only Shiba Inu Coin deserves a separate discussion, which records the best numbers only in these hours, with a +70%, but which comes from weeks that have not stood up to comparison with other competitors.

The category's overall market capitalization increased by 8%, growing approximately 80 times faster than the rest of the industry.

The Meme Answer to BTC

It is curious to note, in relation to the movement of Bitcoin, how memecoins have responded more than other assets to "institutional FOMO". Evidently, those more inclined to risk preferred to focus more on this category, while at the same time signaling how the entire sector has already entered a state of complete euphoria.

Please note, however, that memecoins are among the most volatile assets in the entire crypto world, and often enjoy short-term success.