Bitcoin Price Surge Reignites Memecoin Mania
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Bitcoin's price surged over 25% in recent weeks, reigniting hype and memecoin trading.
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Memecoins like Dogecoin and Pepe Coin rose along with Bitcoin's price.
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Memecoins represent the irreverent, "YOLO" side of crypto investing.
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Memes have been part of crypto culture since the early days with coins like Dogecoin.
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Meme trading activity tends to track overall market sentiment, fading when prices fall.