Solana memecoin explodes in recognition, reaching $10 billion market cap

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  • Solana Meme Coin has a market cap of over $10 billion, pushed by $2.6 billion in buying and selling quantity and rising curiosity.
  • WIF is main the Solana meme coin together with BONK, POPCAT, and MEW and has made big earnings.
  • Meme cash are outlined by their volatility, with sharp fluctuations adopted by notable market recoveries.

Solana-based meme cash have reached a market cap of $10 billion. These meme cash have elevated in value and quantity, displaying sturdy development within the crypto market.

The whole buying and selling quantity of Solana meme cash reached $2.6 billion, demonstrating the rising curiosity and exercise on this area. WIF, BONK, POPCAT, and MEW all rose up to now 24 hours.

WIF leads Solana memecoin in market cap and value surge

WIF is at the moment the main Solana meme coin, rising 20.5% up to now 24 hours to a value of $2.70. This brings the market capitalization to $2.7 billion, making it the most important meme coin on the Solana community by market capitalization.

Buying and selling exercise for this token was bullish, with the value rising all through the buying and selling day earlier than seeing a pointy correction in a single day.

After opening at $2.639, WIF's value reached $2.80 round 8pm, however fell under the opening value to $2.590 by the tip of the 24-hour interval.

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BONK, POPCAT, MEW present important positive factors regardless of market fluctuations

Yesterday, BONK rose 11.9%, the value reached $0.00002144, and the market capitalization reached $1.53 billion.

Regardless of this development, BONK has been risky, with the value beginning as excessive as $0.00000231, then plummeting, after which recovering barely.

POPCAT additionally rose, rising 18.4% to a value of $1.45, pushing its market cap to $1.4 billion. Like different meme cash, POPCAT had a risky buying and selling interval, initially rising however then falling sharply. By the tip of the day, the value had fallen to $1.261, down 10.9% from the day's excessive.

Associated article: Popcat (POPCAT) outperforms the market, positive factors 5% forward of Kraken itemizing

MEW value elevated by 13.24% to $0.007148, giving it a market cap of $635.4 million.

The token was additionally risky, falling earlier than rising considerably within the night. MEW peaked at $0.0075 early on October eighth after which stabilized at $0.0072 by the tip of the interval.

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