Analysis: Bitcoin and Meme Coins Rise Together, Market Capital Shows "Barbell Strategy" Structure

According to Odaily, in the past 24 hours, Bitcoin rose over 2%, briefly breaking through $74,300 for the first time since early February. Ethereum increased by about 7%, while mainstream tokens like XRP and Solana gained over 4%. Meanwhile, the Meme coin sector performed even stronger, with PEPE surging 19%, BONK and PENGU rising over 10%, and SHIB's increase also surpassing Ethereum's. Analysis suggests that current market capital exhibits a "Barbell Strategy" structure: one end allocates to mainstream assets like Bitcoin with increasing institutional adoption, while the other end participates in high-risk speculative assets like Meme coins. This model has gradually gained popularity since 2023-2024. (CoinDesk)