AI Tokens And Meme Coins Rally As Sky And WIF Lead Daily Gainers
The post AI Tokens And Meme Coins Rally As Sky And WIF Lead Daily Gainers appeared on BitcoinEthereumNews.com.
Market gains were led by AI, memecoins, and Layer-2, with FET up 9.42% and WIF soaring over 16%. Top tokens such as PEPE, WIF, and AAVE saw boosted trading volumes. The dismissal of the SEC lawsuit brings about renewed bullish sentiment signaled by market rotation. Artificial Superintelligence Alliance (FET) surged 9.42% to $0.8002, marking the strongest gain among major tokens by market cap. Arbitrum (ARB) followed, rising by 8.90% to $0.365 as enthusiasm for Ethereum layer two projects picked up again. Both Stacks (STX) and Worldcoin (WLD) both climbed over 7%, priced in at $0.7818 and $1.20. Aave (AAVE) gained a respectable 7.24% to $259.48. Trading volume was slightly higher, while Immutable (IMX) and Jupiter (JUP) were up over 7% each. Token Bonk (BONK) added 6.82% as it resumed its gradual comeback. In terms of overall market activity, AAVE took the lead with over $387 million in 24-hour volume. Arbitrum and Worldcoin crossed the $183 million mark, as did Bonk, which moved $211 million, higher than some larger cap assets. Top Daily Movers Highlight Volatility Shift The overall daily gainers’ chart was led by Sky (SKY), which leaped 17.29% to $0.0767. Yet it registered a relatively low transaction volume of just $7.6 million, suggesting a narrow liquidity. The top gainer was Dogwifhat (WIF), which increased 16.34% to $0.9876 with $440 million in volume. Ethena (ENA), too, registered double-digit growth at 13.61%, selling for $0.3437. Derivatives-focused asset Hyperliquid (HYPE) increased 12.82% to $37.05. SPX6900 (SPX) and Pendle (PENDLE), meanwhile, added over 10%, and meme token Pepe (PEPE) rose 10.17%, with a huge $1.05 billion in trade. Meme and AI-related assets raced ahead alongside Layer 2 protocols and synthetic yield tokens like Pendle as capital rotates between narratives. This follows the SEC’s recent withdrawal of a lawsuit against Binance, which has sparked…
Filed under: News - @ June 4, 2025 1:23 am