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Crypto|Markets

Meme News: BONK ETP Goes Swiss, PIPPIN Rippin’ or Double Dippin’?

The meme coin sector’s market cap rebounded 3% to $40 billion, but trading volume slipped in a week where there were big runners and noticeable losses across the board.

CoinMarketCap

Publisher

Aug 23, 2026 at 7:17 AM UTC · Updated một giờ trước · 3 phút đọc

Meme News: BONK ETP Goes Swiss, PIPPIN Rippin’ or Double Dippin’?
Image via CoinMarketCap

Market Impact

Total MCap-0.80%

Last Updated

một giờ trước

Đang dịch…

The meme coin sector’s market cap rebounded 3% to $40 billion, but trading volume slipped in a week where there were big runners and noticeable losses across the board.

Introduction

As Binance Blockchain Week takes center stage in Dubai this week, followed by Bitcoin MENA and Solana Breakpoint next week in Abu Dhabi, crypto is finishing the year strong.

Bitcoin jumped back to $93.5K, driven by

renewed institutional interest

ahead of the last Fed meeting of the year, which is also next week.

https://twitter.com/KobeissiLetter/status/1996245038729507148

Nearly

$3 billion in shorts

risk being

liquidated

if Bitcoin extends its rally to $96,250.

https://twitter.com/kkashi_yt/status/1995939122914169248

Altcoins are moving too, with leading meme coins finding mixed fortunes in a chaotic market. Fresh from triple-digit gains last week,

pippin (PIPPIN)

carried the sector on its shoulders with an explosive 296% pump.

However, our CMC AI tool warns of potential market manipulation, with 50 wallets conducting coordinated buys and sells.

Now, degens have to compete with institutions’

Reach crypto's most engaged readers — advertise mid-article on NewsLayer
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Ad
meme coin

bidding.

  • Bonk has partnered with Bitcoin Capital to land its own ETP on Switzerland’s SIX exchange, pushing the Solana meme coin straight into one of Europe’s biggest stock markets.

Market Context

₿

Bitcoin

BTC

$76,565

-0.62% (24H)

$77,431$76,704$75,976
10 AM5 PM1 AM9 AM

Market Cap

$1.54T

24H Volume

$21.2B

24H High

$77,525

View Bitcoin Market Page

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