Dogwifhat Zooms to Nearly 50 Cents as Solana Meme Coins Make a Comeback
A bump in network activity and usage could contribute to an upside for Solana’s SOL.
A bump in network activity and usage could contribute to an upside for Solana’s SOL.
SOL’s price is back above $100 for the first time since early 2022.
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.
Memecoin traders and airdrop farmers are bringing more attention to Solana.
SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and göğüs coin mania.
BONK prices reversed nearly all losses from last week following the announcement. Prices traded at $0.000014 on Thursday morning with a trading volume of over $235 million since Wednesday.
Marinade’s market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.
The governance token was airdropped to users of Jito’s liquid staking token protocol.
A more than 70% surge since Sunday has catapulted bonk to the third-largest dog-themed token behind foremost dogecoin (DOGE) and shiba inu (SHIB).
The team behind SolanaFM says its overhauled service already has 53,000 signups.