The memecoin $MASK has experienced a notable surge in market capitalization, rising 80% within six hours to reach 6 million and continuing to achieve new all-time highs, hitting $24 million for three consecutive days. This upward trend has sparked increased interest and discussion within the cryptocurrency community, with traders and investors expressing optimism about its potential performance in June. $MASK has become a trending topic on platforms like GeckoTerminal and has been described as a cult memecoin with a strong community presence. Other altcoins such as $mir and James Wynn Meta have also seen market caps of $1.8 million and $2.6 million respectively, though on a smaller scale. The broader altcoin market is anticipated to benefit from a potential decline in Bitcoin dominance, which some analysts predict could lead to an altcoin market surge.