The crypto market is currently bearish, however, this week these three cryptocurrencies surged with an expanded market capitalization. Milady Memecoin (LADYS), Pepe (PEPE) and Sui (SUI) are the three top gainers in the market and have been attracting a lot of attention.

The surge in the market capitalization of these coins is due to the recent tweet of Elon Musk regarding the Milady token. This tweet has caused the memecoin, LADYS to reach the sky and is currently being regarded as the hottest token after Dogecoin. As per CoinMarketCap, the memecoin has seen a 43.38% increase in price and is priced at $0.00000008842. It also has more than 734 trillion circulating supply, which is 82.70% of its total supply, while the trading volume stands at $83,382,650 in the last 24 hours.

Another cryptocurrency, Pepe, is also performing well with a 21.12% increase in price and valuation of $0.000001904, achieved over the past 24 hours. A massive 93% of Pepe’s coins are in circulation from its total supply.

The most recently launched token SUI has already been gaining popularity and is reaching new heights due to the upcoming listings and Mainnet launch. The price changed 2.01% in the last 24 hours, it has a total supply of 10 million and 5.28% of them are circulating. According to CoinMarketCap, the trading volume of SUI is around $171,764,473 and it is priced at $1.0992 in the crypto market.

The crypto market has been observing volatile conditions in the past couple of weeks but the memecoins have managed to attract investors who believe in its potential in the future. It is expected that the crypto market will once again turn bullish and show potential growth in the second quarter of 2023.



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