Why Memecoin Price Are Skyrocketing Today?

With the escalation of the demand for utility-based tokens in late 2024, the Memecoin price took a toll. Nearly $44 billion from market cap was lost in just a three-week span, but now the interest is resurfacing, with a massive boost in DOGE, SHIB, and other meme-themed cryptos. Notably, the multi-billionaire Elon Musk has something
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