Meme Coin Mania Returns as Ethereum Gas Fees Spike 400%
- Ethereum gas fees spiked 400% as meme coin trading frenzy returned
- Pepecoin, Bitcoin, and SPX6900 meme coins jumped 40%
- Meme coin mania has historically signaled market tops and bearish reversals
- Bitcoin briefly crossed $35,000, indicating a risk-on sentiment
- Favorable developments for a spot bitcoin ETF filing boosted bitcoin over $34,000
