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Meme coins have been seeing impressive gains as the crypto market records consecutive gains, with Dogecoin leading the pack.

According to data provided by CoinGecko, the total meme coin market cap increased by 18% in the past 24 hours, surpassing $94 billion. The sector’s daily trading volume also rallied to $51 billion, suggesting high interest from investors.

The meme coin rally started last week as the Republican candidate Donald Trump won the U.S. presidential elections.

Dogecoin is leading the category with a market cap of $41 billion, making it the sixth-largest digital asset — DOGE overtook XRP and USD Coin USDC over the past week.

DOGE also emerged as the top gainer with a 24% surge in the past 24 hours. The leading meme coin is trading at $0.28 at the time of writing.

Moreover, Dogecoin even breached a three-year high of $0.301 earlier today.

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200 $DEGEN Sent them to the glass after a lull, didn't wait for growth

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