Bitcoin and Meme Coins Rally on Hopes of Bitcoin ETF and Solana Growth
• Bitcoin rallied this week, up over 13% in the last 7 days, partly due to hype around a potential Bitcoin ETF approval.
• As Bitcoin rose, meme coins like Dogecoin, Shiba Inu, and Pepe also surged, before cooling off somewhat.
• Dogecoin is up over 20% in the last 7 days, now trading around $0.10.
• The Solana-based meme coin Bonk exploded last week, up 188% in 7 days and 635% in the past 30 days.
• Solana's own rally likely drove increased interest and investment in coins on its network.