Meme makes noises again, suggesting a knock-on effect of bitcoin's push to a record high.

Some stocks that rose  include:

Dogw ifhat (WIF), which rose more than 235% in the week, rose 17% in the past 24 hours.

The frog-themed token, People (PEPE), has reached the price since May 2021 and has soared more than 38% in the past 24 hours and 163% in the past week.

Bonk (BONK), which rose more than 116% in the past week and 3% in the past 24 hours.

Dogecoin (DOGE), the dog-themed token favored by Elon Musk (Elon Musk), is up 53% this week, showing signs of stability in the past 24 hours.

Shiba Inu (SHIB), up 50% this week, is up 4. 4% in the past 24 hours.

The rise in these tokens reflects the broader market rally, led by bitcoin, up more than 20% this week. This is due to the approval of the first 10 spot Bitcoin ETFs and the adoption of new investment vehicles to push bitcoin prices to an all-time high of about $69,000 in November 2021.

BlackRock's industry-leading Bitcoin ETF ran into a record 6 $1.2 billion and topped $10 billion in assets under management on Thursday, a day after a new high of $7.7 billion.(Volume reached $4.7 billion yesterday.）

Traditionally, most people see memes as essentially worthless, but some retail investors who can the risk see them as a potentially profitable way to make a quick profit from bitcoin's free ride.

Bio managing director and head of Go Netw ork, Matt Ballensw eig, told Fortune that traditional retail trading assets have been weak compared to bitcoin in the past few weeks. The rise in the Meme tokens suggests that retail investors may be joining the  team, and are expected to see a wave of retail participation as we enter a late bull market phase.

In addition, meme coins are seen as a way to bet on the growth of their underlying blockchain: Ethereum (ETH) and Solana (SOL) have risen more than 15% and 29%, respectively, in the past week, and some memes reflect these upward trajectories in their ecosystems.