Santiment Reveals Top Meme Coins to Watch Amid Bitcoin Halving Event

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Written By Pinang Driod

The global cryptocurrency market cap edged 2 percent higher to about $2.77 trillion led by Bitcoin (BTC), in the past 24 hours. bitcoin price shrugged off the hotter-than-anticipated United States’ inflation data on Wednesday, whereby expected rate cuts might get delayed. 

The heightened Bitcoin demand from institutional investors, even in China through Hong Kong, has helped the flagship coin remain bullish. According to the latest market data, Bitcoin’s price gained around 2.2 percent to trade at about $70,736 on Thursday during the early London session.

Meanwhile, the cryptocurrency market is attempting to absorb the news that the U.S. SEC has issued Uniswap Labs, the largest Ethereum-based DeFi protocol, with a Wells notice.  Furthermore, Uniswap won a case against the US regulatory agency last year in a court of law.

Top Meme Coins to Watch Ahead

The highly anticipated Bitcoin halving is about 8 days from happening, which will set the stage for a fresh era, especially for the bull cycle. Although some analysts have warned that the Bitcoin halving event could be a sell-the-news event, crypto investors understand that the macro bulls are in control.

As a result, market intelligence firm Santiment is confident the meme coin industry will continue to thrive in the coming weeks amid heightened crypto speculation. By exploring the top 50 meme coins, the on-chain platform noted that some have been outpacing the pack. The top list of best-performing meme coins is Dogecoin (DOGE), SPX6900 (SPX), MAGA (TRUMP), and ArbDoge AI (AIDOGE).

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