Bitcoin
Bitcoin (BTC)
$96,602.00 0.20113
Bitcoin price
Ethereum
Ethereum (ETH)
$2,640.20 1.13751
Ethereum price
BNB
BNB (BNB)
$617.23 6.72669
BNB price
Solana
Solana (SOL)
$200.13 4.34355
Solana price
XRP
XRP (XRP)
$2.43 1.51871
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000016 6.32547
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 8.09106
Pepe price
Bonk
Bonk (BONK)
$0.0000178 7.18366
Bonk price
dogwifhat
dogwifhat (WIF)
$0.721382 7.7786
dogwifhat price
Popcat
Popcat (POPCAT)
$0.283955 32.08955
Popcat price
Bitcoin
Bitcoin (BTC)
$96,602.00 0.20113
Bitcoin price
Ethereum
Ethereum (ETH)
$2,640.20 1.13751
Ethereum price
BNB
BNB (BNB)
$617.23 6.72669
BNB price
Solana
Solana (SOL)
$200.13 4.34355
Solana price
XRP
XRP (XRP)
$2.43 1.51871
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000016 6.32547
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 8.09106
Pepe price
Bonk
Bonk (BONK)
$0.0000178 7.18366
Bonk price
dogwifhat
dogwifhat (WIF)
$0.721382 7.7786
dogwifhat price
Popcat
Popcat (POPCAT)
$0.283955 32.08955
Popcat price
Bitcoin
Bitcoin (BTC)
$96,602.00 0.20113
Bitcoin price
Ethereum
Ethereum (ETH)
$2,640.20 1.13751
Ethereum price
BNB
BNB (BNB)
$617.23 6.72669
BNB price
Solana
Solana (SOL)
$200.13 4.34355
Solana price
XRP
XRP (XRP)
$2.43 1.51871
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000016 6.32547
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 8.09106
Pepe price
Bonk
Bonk (BONK)
$0.0000178 7.18366
Bonk price
dogwifhat
dogwifhat (WIF)
$0.721382 7.7786
dogwifhat price
Popcat
Popcat (POPCAT)
$0.283955 32.08955
Popcat price
Bitcoin
Bitcoin (BTC)
$96,602.00 0.20113
Bitcoin price
Ethereum
Ethereum (ETH)
$2,640.20 1.13751
Ethereum price
BNB
BNB (BNB)
$617.23 6.72669
BNB price
Solana
Solana (SOL)
$200.13 4.34355
Solana price
XRP
XRP (XRP)
$2.43 1.51871
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000016 6.32547
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 8.09106
Pepe price
Bonk
Bonk (BONK)
$0.0000178 7.18366
Bonk price
dogwifhat
dogwifhat (WIF)
$0.721382 7.7786
dogwifhat price
Popcat
Popcat (POPCAT)
$0.283955 32.08955
Popcat price

Solana meme coins surge despite crypto market decline

Brian Stone
Edited by
Markets
Solana meme coins surge despite crypto market decline

Solana meme coins show remarkable growth, although many leading cryptocurrencies suffer heavy losses.

The meme coins segment is doing much better than other cryptocurrencies, CoinGecko data shows.

Solana meme coins surge despite crypto market decline - 1
Source: CoinGecko

Dogwifhat (WIF), the largest meme coin by market capitalization based on the Solana blockchain, has risen 18% in the last 24 hours. Popcat (POPCAT) rallied 61%, Jeo Boden (BODEN) gained 53% in price, Slerf (SLERF) surged 16%, and Wen (WEN) is up by 28%.

The gains starkly contrast the broader cryptocurrency market, which has seen more muted performance. After falling below $57,000, Bitcoin has recovered slightly and is trading around $59,000. Meanwhile, the capitalization of the meme coin sector on Solana increased by 14.7% and is now valued at $7.4 billion.

Analytics platform Cryptonary has noted the current market enthusiasm for meme coins.

However, this market segment has its dangers. A recent investigation by crypto sleuth ZachXBT found that 12 projects with Solana-based meme coins were abandoned, costing investors $26.7 million. For example, the I Like This Coin (LIKE) project raised about $7.8 million from investors, subsequently falling by more than half its original value.

A16z CTO Eddy Lazzarin also spoke negatively about the meme coin sector. Lazzarin added that meme coins undermine the long-term vision of cryptocurrencies that keep many in this space and are not very interesting from a technical point of view.