Bitcoin and Memecoins Rally Amid Market Volatility

Bitcoin rebounded above $67K amid pre-FOMC volatility and confidence in buying the dip despite macro worries.

Memecoins surged, pushing the sector's market cap over $55B. Top movers included SHIB, DogWifHat WIF, and CORGIAI.

Solana and Avalanche tokens gained as meme coins built on them rallied. SOL up 10.8% to $205; AVAX up 15% to $61.

Traders are piling into Solana as the trendiest asset for new meme token projects launching almost every minute.

The smart contract platform index excluding Ethereum is outperforming the top 20 digital assets index.