Summary
TLDR: Following the recent Bitcoin halving, meme coins like BONK, FLOKI, and SHIB are seeing significant price jumps. Other meme coins like PEPE and WIF are also performing well. Traders are exploring new tokens minted via Runes, with the most traded token being Satoshi Nakamoto. Bitcoin itself has only seen a modest gain since the halving, but historically, larger gains come months later.
Key Points
1. The latest Bitcoin halving took place, cutting miner rewards in half for the fourth time in history, but meme coins are leading the charge in the crypto markets this weekend.
2. Dog-themed coins like BONK, FLOKI, and Shiba Inu have seen significant price jumps, with BONK charting a massive 37% increase in the last 24 hours.
3. Ethereum and Solana meme coin traders are exploring new tokens minted via Runes, with early projects like Satoshi Nakamoto token showing potential for wider interest as trading tools improve.