The Solana blockchain’s meme coin market has reached a $12.2 billion market cap, a 7.3% increase in the past 24 hours, according to Coinmarketcap. Solana’s meme coin sector is seeing growing interest, with tokens like WIF, POPCAT, and BONK leading the surge.
⚡️ BREAKING: Meme tokens on the #Solana chain have exceeded $12 billion in market value, achieving a record high with a 7.3% market cap increase.
The leading meme tokens are: $WIF, $POPCAT, $BONK, $MEW, and $GOAT.#Memecoins #cryptocurrency pic.twitter.com/Rx90WR4VrA
— Coin Edition: Your Crypto News Edge ️ (@CoinEdition) October 29, 2024
WIF, also known as dogwifhat, is the top Solana meme token, priced at $2.65, up 9.5% over the past day. With a market cap of $2.6 billion, WIF is attracting attention. The token’s 24-hour trading volume reached $978 million, showing strong investor activity.
The second-place meme coin, POPCAT, has a market cap of $1.7 billion. The token is trading at $1.74, up 14% in the past 24 hours. POPCAT has also gained 28.7% over the week, with a trading volume of $244 million.
BONK, another popular Solana meme token, holds a market cap of $1.5 billion. It trades at $0.00002177, reflecting a 0.4% decrease in the past hour. Despite minor fluctuations, BONK remains a major player in the Solana meme ecosystem. Its daily trading volume reached $265 million, making it one of the most traded assets.
MEW, or cat in a dogs world, ranks fourth among Solana meme tokens. It has a market cap of $897 million, with a price of $0.0101. MEW recorded a 3.9% rise in the past 24 hours, reflecting a steady upward trend. Its trading volume of $306 million indicates substantial interest in the token.
Read also: AI Memecoins Gain Traction: GOAT, TURBO, and KOKO Analyzed
GOAT, also known as Goatseus Maximus, is another meme token with strong growth. It trades at $0.66 and has risen by 5.4% in the past 24 hours. GOAT holds a market cap of $668 million, with a weekly gain of 65%, showing notable momentum. The token’s 24-hour trading volume reached $302 million.
The top meme tokens on Solana continue to attract high trading volumes and investor interest. With a growing market cap and active participation, Solana’s meme coin sector reflects a trend of expanding popularity within the blockchain community.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
