It appears reports of the death of meme tokens have been greatly exaggerated.

Three of the most popular meme tokens in the market are rocketing higher today. Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Pepe (CRYPTO: PEPE) are each up big. As of 12:45 p.m. ET, these three tokens have rocketed 25.7%, 47.5%, and 35%, respectively, over the past 24 hours.

These moves are absolutely incredible, and invite investors to think back to the previous hype-driven crypto rallies. For those who forgot what it was like to be in the midst of a market that could do no wrong in 2021, that elusive feeling is back, and the fear-of-missing-out (FOMO) rallies are once again underway.

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Source Fool.com