Several meme coins, including Shiba Inu and Floki Inu, have surged by over 50% in the past 24 hours, leading a frenzy in the crypto market.

SHIB has particularly seen a remarkable 69% surge, continuing its positive trend over the last week.

Other meme assets like WIF, BONK, DOGE, and PEPE have also experienced substantial gains recently, indicating a resurgence in meme coin interest and potential profitability.

The rally suggests that the meme coin season is back, with investors anticipating further upside amid the market surge.