Memecoins
Where are Solana’s popular meme coins found today? Get on or off
Solana meme coins, such as meme coins, launched on the Solana network, are one of the famous categories in the cryptocurrency market. This category has gained great popularity since the beginning of this year, when the price of multiple tokens soared, resulting in big gains for their holders. It is now worth $10 billion in market capitalization and $2 billion in trading volume, making it a major part of the overall market capitalization.
THE meme coins who made this category famous were dogwifhat, BONK, BOME, SLERF, etc. But how do they behave today? Let’s talk about it in this blog.
Dogwifhat (WIF)
Dogwifhat price reached its peak in early April, when it reached an all-time high target of $4.85 and the hype around the Solana meme coins began. That target is now 32% off as the price of WIF has fallen in value since April. Although he attempted a revival in late May, it failed. At the time of writing, WIF is trading at $3.28, having fallen 5% in a one-week span, of which a 1.78% decline occurred in the past 24 hours. Furthermore, its 24-hour trading volume and market capitalization
they are at $417,839,447 and $3,274,823,343.
Bon (Bonk)
VERY GOOD price is down after losing 3% of its value in the last 24 hours. Currently trading at $0.00003206, this Solana meme coin is down 31% from its all-time high of $0.00004704, set three months ago. BONK peaked in March, but subsequently faced a constant downtrend. It was in sharp decline but managed to recover by the end of May, and because of this, its price is 30% higher than its value a month ago.
Book of Memes (BOME)
Compared to other popular Solana meme coins, Book of Memes is on the bullish side as its value has increased by more than 0.2% in the last 24 hours. Moving further into the charts, it has gained 2.6% in a week and is currently trading at $0.01349. It has a market capitalization of $930,222,096 and a trading volume of $237,881,768. Although BOME price
is rising, this is nothing compared to the rally in March, which reached a high of $0.02805, double the current value.
Slerf (SLERF)
SLERF came into limelight when a trader he made $3 million in less than 12 minutes. This Solana-based meme coin gained an immediate boost during launch, reaching a high of $1.37. That level is nearly four times the current value. Although SLERF took a big hit, it did not last long and the price continuously fell. However, the price started rising recently as the meme coin gained 28% in the seven-day span and 3% in the last 24 hours. It is currently trading at $0.3913 with a market cap and trading volume of $195,664,472 and $70,788,875.
While these Solana-based meme coins are not trending, the others are, maintaining the popularity around this category. As per CoingeckoHabibi (SOL), Beercoin and GME are the most trending Solana meme coins today.
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