The new year meme coin frenzy continued on Sunday as major coins extended their gains.

New Year Festivities Continue For Memecoins

Solana (CRYPTO: SOL)-based dogwifhat (CRYPTO: WIF) lifted over 17% in the last 24 hours. Trading volume for the dog-themed cryptocurrency jumped 132% to $450 million, signaling high trading interest and buying pressure.

Pepe (CRYPTO: PEPE) and Bonk (CRYPTO: BONK) led the gains among memecoins with a market capitalization exceeding $1 billion, rallying 17% and 14%, respectively.

These two coins also ranked as the second and third-largest gainers across the entire market in the past 24 hours.

Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:30 p.m…. Read more on Benzinga