Meme Coins Surge as Retail Traders Fuel Another Crypto Boom

The crypto market is experiencing a resurgence, fueled by the popularity of meme coins. With institutional investors focusing on Bitcoin and Ethereum ETFs, retail traders are driving the demand for meme tokens like PEPE, WIF, FLOKI, Bonk, and Fartcoin, showcasing their volatile nature once again. Experts suggest this surge can be attributed to various factors, including a post-halving rally in the altcoin space and the influence of social media platforms such as TikTok, Reddit, and X (formerly Twitter). The return of meme coins is driven by a combination of community engagement, viral trends, and speculation about the potential for long-term gains.