Solana and Ethereum Rebound, Lifting Meme Coins Floki Inu, Dogecoin, and PepeCoin

Solana (SOL) and Ethereum (ETH) have bounced back over the past day, with SOL up 10% and ETH up 6%. However, over the past week, ETH is down 10% while SOL is up 10%.

The gains for the networks have lifted several popular meme coins like Floki Inu (FLOKI), Dogecoin (DOGE), and PepeCoin (PEPE), which are up 15-27% over the past day.

FLOKI will be an official crypto partner for an upcoming World Table Tennis Championship to reach 500 million viewers. Its ecosystem beyond a meme coin includes NFTs, metaverse, DeFi products.

On Solana, Dogwifhat (WIF) has seen a 15.5% gain as it continues growing its community and recognition like recently getting its picture on the Sphere in Las Vegas.

Meme coins tend to be very volatile as they rely heavily on trader sentiment, so most die young, but a few like DOGE have found greater staying power.