Meme Coins Rally Overnight as Dogwifhat Leads Pack with 20% Gain

• Dogwifhat (WIF) meme coin rose over 20% overnight to $3.27, settling at $3.18 with $3.168B market cap • Other Solana meme coins like BONK saw 13%+ gains, now at $1.734B market cap after being flipped by WIF • Ethereum meme coins also rallied, with Pepecoin up 6.5% and Dogecoin up 4.5% over 37% in the past week
• Dogecoin gains attributed to hype from Elon Musk teasing support on an unnamed "X Wallet" • Success of these meme coins highlights investor appetite for speculative assets in stagnant broader crypto market