Posted 2/13/2024, 1:31:57 PM
Meme Coins BONK, PEPE, and Dogwifhat See Price Spikes Amid NFT Contests and Celebrity Speculation
- BONK, PEPE, and Dogwifhat meme coins seeing recent price gains, with BONK up 7% in last day and PEPE up 10%
- PEPE held an NFT art contest, top artists to receive PEPE tokens and free NFT mints
- Dogwifhat gained over speculation related to NBA star LeBron James wearing a pink hat, though no actual endorsement
- Meme coins can see extreme volatility, with prices crashing rapidly even after gains
- Investors should proceed cautiously with meme coin investments due to high risk