As major cryptocurrencies cautiously trend upwards at the beginning of the week, the spotlight shifts to on-chain token markets where meme coins reign supreme. While Bitcoin (BTC) makes a modest 2.5% rise to $63,000, Ether (ETH) struggles to surpass $3,000. Amidst this, meme coins experience a surge in activity, fueled by the unexpected return of Roaring Kitty, a legendary figure from the 2021 meme stock movement.

Roaring Kitty's reemergence has ignited calls for the revival of meme season in both crypto and stock markets. Unsurprisingly, meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and dogwifhat (WIF) lead the charge. However, the top crypto gainers today are new or recently launched smaller meme coins with connections to the 2021 meme stock craze.

Here are some of the standout performers:

SOL STREET BETS (SOLBET): Inspired by the retail trading community Wall Street Bets, SOL STREET BETS, a Solana-based meme coin, skyrockets by an astonishing 39,400% in 24 hours. Despite its meteoric rise, its market cap remains modest, just under $1 million. With $125,000 in locked liquidity and a significant number of unique wallets trading it, SOLBET emerges as one to watch amidst the current meme coin explosion.

Roaring Kitty (KITTY): Named after Roaring Kitty himself, the KITTY token surges by 1,000% in 24 hours, making it one of the day's top crypto gainers. Despite lacking an apparent use case, KITTY achieves a market cap of $24.5 million. With $828,000 in locked liquidity and substantial trading volume across individual wallets, KITTY rides the wave of Roaring Kitty's resurgence.

AMC (AMC): As a nod to the popularity of the AMC meme stock during the 2021 craze, an AMC-themed meme coin experiences a resurgence following Roaring Kitty's return. The AMC token, which initially launched in January and faded into obscurity, sees a remarkable 450% increase in value. With a market cap of $8.4 million and substantial locked liquidity, AMC captures the attention of meme coin enthusiasts once again.

While these meme coins bask in short-term hype, investors seeking substantial gains may find Dogeverse (DV) an intriguing alternative. Dogeverse, a Shiba Inu-themed meme coin, distinguishes itself by launching on the six most used blockchains, excluding Bitcoin, with multi-chain bridge capabilities. Positioned as a classically themed meme coin with an exciting use case, Dogeverse offers investors a potentially rewarding alternative amidst the volatile world of meme coins.