Dogecoin, Shiba Inu Extend New Year Gains, But Pepe, Bonk Top The Pack With Double-Digit Rally

The new year meme coin frenzy continued on Sunday as major coins extended their gains.

New Year Festivities Continue For Memecoins

Solana (CRYPTO: SOL)-based dogwifhat (CRYPTO: WIF) lifted over 17% in the last 24 hours. Trading volume for the dog-themed cryptocurrency jumped 132% to $450 million, signaling high trading interest and buying pressure.

Pepe (CRYPTO: PEPE) and Bonk (CRYPTO: BONK) led the gains among memecoins with a market capitalization exceeding $1 billion, rallying 17% and 14%, respectively.

These two coins also ranked …

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