Here are 3 Solana meme coins to consider this week

Three Solana-based meme coins to watch this week as the market prepares for another bullish round.

The cryptocurrency market is about to enter the second phase of this ongoing bull season following the last few weeks of recession. With the recent rallies, investors may be wondering which altcoins are worth buying as the bull gradually emerges.

Typically, meme-based altcoins come to mind as they have repeated stories of driving the frenzy in a bull market. However, meme coins launched on the Solana blockchain stood out in the early stage of this bull cycle.

According to research relationship according to market tracker CoinGecko, the top ten major meme coins on Solana collectively increased by more than 801.5% in the first quarter of the year. For perspective, Solana meme coins have added $8.32 billion to their market capitalization in three months, up from the previous figure of $1.04 billion.

This data establishes the bullish capacity of the Solana meme coins. As the green market springs into action, The Crypto Basic spots worth some meme coins considering from the Solana ecosystem this week.

The cat in the world of dogs (MEW)

Over the past week, Cat in a Dogs World (MEW) has seen an impressive 48.44%. However, with a market price of $0.003765, MEW erased most of last week’s gains. Despite this, it remains a meme coin to monitor this week, especially following the endorsement of influential personalities within the crypto community.

Widely followed user As a result, he recommended cryptocurrency enthusiasts study MEW, among other meme coins.

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Data from CoinMarketCap highlights that MEW saw a dramatic rise from its all-time low of $0.000844 on March 27 to a high of $0.01034 on March 31. This trajectory marks an extraordinary gain of 1.125% in just four days.

Popcat (POPCAT)

Despite a 7.85% drop in value over the past 24 hours, POPCAT still holds more than 23% of the gains accumulated over the past week. POPCAT is gaining attention as it is currently among the assets driving the narrative in the meme coin space.

This is supported by the fact that the Solana-based meme coin has sustained a significant increase of 54% over its 30-day performance, even as many others suffer losses. Market watchers expect POPCAT to make a substantial move as it has continued to demonstrate resilience in the face of Bitcoin’s recent pullback.

BONK

BONK remains a noteworthy meme coin, especially considering its position as Solana’s primary meme coin. Last year, BONK went through a lightning experience increase of over 17,000% during a period of intense airdrop activity.

Even with the arrival of new competitors, BONK has maintained its position with a market capitalization exceeding $1.53 billion. Over the past two weeks, BONK has orchestrated impressive rallies that have reversed all losses of the past 30 days, resulting in a now positive monthly performance.

As of the last update, BONK is trading at $0.00002401, retaining 13% of its weekly gains despite a 4.27% 24-hour decline.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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