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.
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