In the past 24 hours, meme coins dogwifhat (WIF) and Pepe (PEPE), as well as layer 1 blockchain Sei (SEI), have seen significant gains. SEI was up 19%, WIF 17% and PEPE 12% as the crypto market rose following Bitcoin's surge to above $63,000. SEI reached a high of $0.35 with a volume increase of 224%, while WIF traded at $1.81 with an intraday volume of over $717 million. Popcat (POPCAT) continued to outperform other coins, and Pepe also saw decent gains. Crypto analyst RookieXBT predicts further gains for WIF and POPCAT. These gains come after the market reacted positively to the US Federal Reserve's interest rate cut. Bitcoin's price rose above $60,000 and altcoins like Solana (SOL), Sui, Aptos, Bittensor, and Avalanche also saw significant gains.
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