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Memecoins outpace bitcoin and ether as 'barbell strategy' spreads

Memecoins are rising faster than major cryptocurrencies even as the broader crypto market climbs, signalling a shift in investor behaviour. Bitcoin briefly topped $75,000, while XRP and Solana gained more than 4 percent and ether rose about 7 percent. Pepe jumped about 19 percent in a day, with Bonk and Pudgy Penguins up more than 10 percent. The move is being linked to a “barbell strategy” combining core assets with speculative memecoin exposure.