💥💥$SOL

This Solana-Based Meme Coin Continues to Shine: It Outperforms Dogwifhat!

Bitcoin$BTC

(BTC), the actions of the German government and Mt. Gox exchange continues to be under selling pressure due to upcoming refunds. During this period, meme coins recovered after long-term sales. In particular, Solana-based BONK has become a prominent meme coin in terms of market value, showing a remarkable performance by gaining 12% in value in the last 24 hours. This performance allowed BONK to outperform other tokens such as Dogwifhat (WIF), which fell 3%.

Other meme coins also moved upwards in a similar manner. Brett (BRETT) on the base chain increased by 6% and Ethereum-based Mog Coin (MOG) increased by 8.7%. However, despite the daily gains, these tokens declined throughout the week, in line with the overall meme coin market trend.

Last week, meme coins showed a general decline. Solana-based Michi (MICHI) lost 48%, Ethereum-based Pepe coin (PEPE) lost 17% and Popcat (POPCAT) lost 17%.

On the other hand, Gigachad (GIGA) is up 400% in the past month. This huge increase came after American bodybuilder Mike ‘Titan’ O’Hearn joined the GIGA community and promoted on social media. This collaboration puts GIGA among the few meme coins to gain during the week. Another notable coin is Billy (BILLY), which increased by 147% last month. BILLY currently stands out as the largest token launched by Pump.fun and has a market cap of $157 million.

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