As the cryptocurrency sector recovers from a modest start to 2025, the biggest memecoins are in the spotlight once again. Their sentiment inspires double-digit rallies that can only compete with mid-sized altcoins with strong technical achievements.

Dogecoin (DOGE) is the second best performer today

Dogecoin (DOGE), the largest meme cryptocurrency, is up 14.2% today. Its market capitalization added over $7 billion overnight, pushing DOGE onto the list of top daily gainers as of January 4, 2025. Dogecoin (DOGE) has consolidated its position as the seventh-largest cryptocurrency by market cap.

The closest competitor, stablecoin USDC, sees its value reaching $45 billion.

Meanwhile, Dogecoin (DOGE) is far from being the only meme on the list of best-performing cryptocurrencies. Based Brett (BRETT) is back in the top 100 with a 12.2% rise in 24 hours. The asset targets a market cap of $1.5 billion.

Also, Bonk (BONK), another popular community currency, is in the green as well. With the addition of 10.1% overnight, the market capitalization reached $2.68 billion thanks to the increase in trading volume.

Floki Inu (FLOKI), Dogwifhat (WIF), and Shiba Inu (SHIB) are also outperforming the market with gains of between 3.5 and 5.5%. The meme sector gained 10% in 24 hours: the cap reached $17 billion, according to CoinGecko.

The crypto market index rose just 0.3%.

Sui (SUI) and Ethena (ENA) prices rose after big announcements

Sui (SUI) and Ethena (ENA), the original cryptocurrencies of the L1 protocol of the same name and the multi-purpose EVM DeFI protocol, are thriving today.

Athena (ENA) Co-Founder subscriber An ambitious outlook and impressive results for 2024. USDe has catapulted Ethena to the top stablecoin league, while the protocol itself has become the fastest growing startup and the most resource-efficient protocol in the cryptocurrency space in terms of revenue per full-time employee. metric.

The protocol will launch a brand-new stablecoin iUSDe to accelerate cryptocurrency adoption among TradFi asset managers and increase its presence in the Telegram ecosystem.

With almost 20% growth, Sui (SUI) is the undisputed top performer. The coin managed to break the $4.88 resistance set by Raoul Pal and hit a new all-time high.