Ethereum (ETH) again leads both among the institutional and retail investors.
Traiders withdraw funds from weak assets such as Pengu (Pudgy Penguins) and PUMP (PUMP.FUN), and put them into tokens with stronger dynamics and fundamental indicators.
Ethereum wakes up the season of memcoirs
Some memorials, including Floki Inu (Floki), Bonk Inu (Bonk) and Fartcoin (Fart), demonstrate double -digit growth. At the same time, others, such as Pengu and PUMP, lose their positions.
Floki leads with an increase of 40%, followed by Bonk (+16%), Fartcoin (+18%) and PEPE (+5%). DOGE and Shib increased by 7% and 4.5%, respectively. Meanwhile, Pengu and PUMP fell by 8% and 21%, according to Coingecko.
The total capitalization of the memcroning market increased by 6%, approaching $ 80 billion.
On the index of the CoinmarketCap altcoin season, the altcoin trend intensifies, which indicates an active outflow of capital from the Bitcoin market.
Capital rotation and growth of memcoirs signal the beginning of the altcoin season. According to TradingView, the capitalization of the altcoin market has reached $ 1.42 trillion – this is a maximum of early February.
Investors see in memes tokens a profitable opportunity for speculation. When the altcoin market grows, memcoirs usually react first.
What is behind the growth of a meme-monet
Positive dynamics is associated with an updated interest in Ethereum, which, like XRP, benefits from the “large beautiful bill” of US President Donald Trump. He is able to attract more capital in Defi protocols based on Ethereum, which will strengthen the long-term value of ETH.
According to the analyst Crypto Auris, speculators are already acting in accordance with this narrative.
Ethereum tokens, such as Shib, Pepe and Floki, are actively developing on this wave.
Institutional investors are also not far behind. Sharplink Gaming Added ETH in your portfolio just a few days after the activation of purchases.
With the last purchase, she bypassed Ethereum Foundation. The interest of institutional investors in Members based on Ethereum continues to grow.
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Source: Cryptocurrency
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