Memecoins hit $116B market cap post-election: Are DOGE, SHIB behind the rally?

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Memecoins soar post-U.S. election, driven by viral culture, retail interest, and triple-digit growth in top tokens.

Retail interest rose as search interest peaked at record highs.have emerged as the unexpected winners.

Over the last 24 hours alone, the market registered a 1.75% rise, continuing its bullish streak and setting the stage for a new era of mainstream recognition.accounted for nearly half of the total market capitalization, boasting a valuation of $57.33 billion. , often referred to as the “DOGE-killer,” has also enjoyed a strong showing. Trading at $0.00002553, at the time of writing, it recorded modest daily gains of 0.93% but boasted a solid 37% monthly increase.saw a minor daily dip of 4.06%, at press time, trading at $0.00002018, but retained its momentum with an impressive 95.50% growth over the last month.The memecoin craze wasn’t confined to the markets alone—it’s also capturing the interest of the public.

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