As a seasoned crypto investor with years of experience, I’ve seen my fair share of market ups and downs. Today’s decline in the overall market cap to $2.54 Trillion is concerning, but not entirely unexpected given the recent volatility. The Solana meme coins have been hit hard, with many experiencing significant losses.
The total market capitalization has shrunk to $2.54 trillion, reflecting the deteriorating market situation. Even among popular categories like Solana meme coins, many experienced losses today. Specifically, the market value of these coins decreased by 2% in total and 11% in trading volume.
The leading contenders experienced setbacks today, affecting the value of dogwifhat, which declined by 10%, BONK losing 22% of its worth, and BOME dropping by 14%. Nevertheless, a few meme coins built on the Solana platform distinguished themselves as the day’s most promising recoveries. Specifically, GMEOW, MOOSK, LOAF, and YUKI demonstrated remarkable gains.
gmeow Cat (GMEOW)
The price of GMEOW has reached a new monthly high following a remarkable 94.6% increase within the past 24 hours. This cat-themed meme coin experienced a promising beginning after its April launch, peaking at $0.004328 before experiencing downturns. Over the past month, GMEOW has formed three significant price peaks, with today being the latest. If the current upward trend continues, surpassing its all-time high ($0.004328) is a distinct possibility, considering its steady growth over the last two weeks, resulting in a substantial 268% gain.
Elawn Moosk (MOOSK)
MOOSK, the newly introduced Solana meme coin, reached an unprecedented peak of $0.004004 a few days back. Currently, its price hovers at $0.001581 following a remarkable 49% increase within the last 24 hours. With a market capitalization of $1,575,542, MOOSK has generated significant interest, leading to an impressive trading volume surge of 23.00%. Consequently, the total value of trades executed in the past 24 hours amounts to $60,894.47.
Loaf Cat (LOAF)
As a crypto investor, I’ve noticed an exciting development with LOAF. The activity on its network has been picking up steam, resulting in a substantial 181% surge in the 24-hour trading volume, currently sitting at $250,952. At the moment, LOAF is priced at $0.00004104 – marking a 36% increase from yesterday’s value.
Samurai Cat (YUKI)
Within a single month of its debut, YUKI has exhibited significant price fluctuations, marked by numerous spikes and dips. Following a steep decline to $0.00023521, YUKI’s price is bouncing back today with a substantial 38% increase from the previous day, resulting in a value of $0.0004409. Additionally, its trading volume has surged by 57%, reaching $89,392.90 within the last 24 hours. This heightened activity could potentially propel the price further upwards.
Many meme coins have been introduced on the Solana network, with a considerable number of them failing to make significant strides compared to the successful ones such as BONK, Popcat, and BOME. Nevertheless, GMEOW, MOOSK, YUKI, and LOAF are among today’s top performers and have earned their place among the trending meme coins on Solana.
Continue Reading Top 3 Meme Coins Surging 300X in Mid-Week Trading
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2024-05-30 12:00