Meme tokens rally with gains up to 51% as investors bet on Ethereum and Solana growth
• PEPE and WIF meme tokens on Ethereum and Solana rallied significantly, gaining up to 51% in last 24 hours
• Surge in meme coins seen as way to bet on blockchain growth, spreading to tokens on other networks with 13% average gain
• Rally comes as ETH and SOL gained over 8% while BTC topped $57K for first time since Nov 2021
• Meme tokens considered beta bets on ecosystem they're built on, with some platforms now investing in native meme tokens
• At least 6 wallets sold over $4M worth of PEPE tokens early Tuesday, contributing to some selling pressure