Solana Ends the Week Strong: 7% Gain Amid Memecoin Surge
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- The trading volume for memecoins has surged past $1.6 billion as of now.
- SOL continues to exhibit a positive trend.
Solana-based memecoins have captured significant attention recently, with numerous assets achieving notable increases. By week’s end, Solana’s overall market cap experienced a slight rise, and SOL finished on an upward trajectory.
Solana memecoins experience remarkable growth
As reported by CoinGecko, Solana memecoins currently boast a market cap of $8.6 billion, underscoring their substantial value within the Solana ecosystem.
Key assets in this sector concluded the week positively, contributing to an uptick in the total market cap. span > p > Dogwifhat (WIF) led gains with an impressive increase of 33% over the past seven days and is now trading around $2.28. With a market cap exceeding $2.2 billion, it stands as the largest among Solana’s memecoins. span > p > Following closely is Bonk (BONK), recognized as the second-largest memecoin by market capitalization at over $1.6 billion. BONK saw its price surge by more than 30%, currently valued at $0.000023. span > p > The standout performer this week was Moo Deng which achieved phenomenal growth exceeding 400% within just one week. Currently trading at $0.24, Moo Deng has a market cap exceeding $241 million. span > p h2="">“+Sol”+una “+volume collects slight+uplift""/h3/>“.$>.{“fname”}
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