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Benzinga
Benzinga
Business
Aniket Verma

Dogwifhat Leaps 20%, Dogecoin, Shiba Inu Climb As Memecoins Spike After Trump Announces Iran-Israel Ceasefire

DOGE SHIB Shiba Inu WIF Iran Donald Trump Israel Dogecoin BONK Cryptocurrency
Various,Memecoin,Logos,On,Digital,Background.,3d,Illustrations.

Memecoins erupted Monday as the cryptocurrency market made a sharp recovery following President Donald Trump’s ceasefire announcement in the Iran-Israel conflict.

What happened: Solana (CRYPTO: SOL)-based Dogwifhat led the gains, jumping more than 20% in the last 24 hours to become the market's third-most successful cryptocurrency. The coin’s volume popped 75% to $518 million, indicating high trader interest and liquidity.

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