Where’s The Popular Solana Meme Coins Standing Today? Hike Or Drop
Solana meme coins, as in the meme coins, launched on the Solana network, are one of the famous categories in the crypto market. This category gained great popularity from the beginning of this year when multiple tokens boomed in price, making big gains for their holders. It is now worth $10 Billion in market cap and $2 Billion in trading volume, becoming a major portion of the overall market cap.
The meme coins which made this category so famous were the dogwifhat, BONK, BOME, SLERF, etc. But how are they performing today? Let us discuss that in this blog.
Dogwifhat (WIF)
Dogwifhat price hit its prime at the beginning of April when it scored the all-time high target of $4.85 and began the hype around Solana meme coins. That target is now 32% away as since April, WIF price has declined in value. Though it did attempt a recovery at the end of May, that fell short. When writing, WIF is trading at $3.28 after declining 5% in a week interval, of which a 1.78% drop happened in the last 24 hours. Moreover, its 24-hour trading volume and market capitalization are at $417,839,447 and $3,274,823,343.
Bonk (BONK)
BONK price is under the drop after losing 3% of its value in the last 24 hours. Currently trading at $0.00003206, this Solana meme coin has drifted 31% from its all-time high of $0.00004704, set three months ago. BONK peaked in March but continuously faced a downtrend after that. It was in major decline but succeeded in a recovery by the May end, and because of that, its price is 30% more than the value it had a month ago.
Book of Meme (BOME)
Compared to other popular Solana meme coins, Book of Meme is on the hiking side as its value has surged over 0.2% in the last 24 hours. Going further in the charts, it has gained 2.6% over a week and is currently trading at $0.01349. It has a market cap of $930,222,096 and a trading volume of $237,881,768. Though BOME price is surging, this is nothing compared to its March rally, rising to a high of $0.02805, twice the current value.
Slerf (SLERF)
SLERF came into the limelight when a trader made $3 Million in under 12 minutes. This Solana-based meme coin gained an instant hike during launch, surging to a high of $1.37. That high is almost four times the current value. Though SLERF gained a major hoke, it did not last long, and the price declined continuously. However, the price began to lift recently as the meme coin gained 28% in the seven-day interval and 3% in the last 24 hours. It is now trading at $0.3913 with a market cap and trading volume of $195,664,472 and $70,788,875.
Though these Solana-based meme coins aren’t in the trend, the others are, maintaining the popularity around this category. As per Coingecko, Habibi (SOL), Beercoin, and GME are the most trending Solana meme coins today.
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