Solana Meme Coins Outperform SOL Price, Slothana Presale Raises $10 Million
Solana meme coins are posting some of the chunkiest gains in today’s market-wide rally, according to data by CoinGecko.
For context, crypto is broadly rallying today as market leaders Bitcoin (BTC) and Ethereum (ETH) both posted respective gains of around 4% and 7% over the last 24 hours.
On the other hand, Solana has only added about 1.7% to its value overnight. In the last hour, SOL has fallen 0.4% to $183 and is currently getting outpaced by virtually all the leading meme coins on Solana.
In the top spot, DogWifHat (WIF) is up 15% overnight to change hands at $4.09.
The other leading Solana meme coins posted intraday gains of around 5%, including Bonk (BONK), BOOK OF MEME (MEME), and Jeo Boden (BODEN).
Among the ten largest Solana meme coins by market capitalization, the biggest grower was Popcat’s POPCAT token, which ballooned 36% to trade at $0.3245 at the time of writing.
This makes the Solana meme coin category one of the most successful classes of cryptocurrency today. More established/larger market cap projects like Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI (FLOKI) and PEPE (PEPE) all posted more sober overnight gains of around 10% or lower.
Over on SOL’s trading chart, the candles indicate fairly typical price movements for any cryptocurrency in the last three months. Prices climbed sharp and volatile in the first half of March and crossed the $200 threshold both in the middle of the month and on the first of April.
With a Solana gold rush likely imminent, keen-eyed meme coin traders are looking at the hottest new projects to support from the start.
Slothana, the new red-eyed sloth who lives on Slothana, has raised an eye-watering $10 million barely two weeks into an ongoing ICO for his new SLOTH token.
It seems
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