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Home » Analyzing the performance of Solana Meme Coin; Is the trend fading?
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Analyzing the performance of Solana Meme Coin; Is the trend fading?

i2wtcBy i2wtcMay 7, 2024No Comments3 Mins Read
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According to data from Coingecko, Solana meme coin has a market capitalization of $8,011,445,574 and a trading volume of $1,774,307,330. Solana meme coins were a big trend in March, with coins like dogwifhat, BONK, and Book of Meme (BOME) dominating the cryptocurrency market with continued gains. However, these too fell victim to April’s crypto market decline and lost a significant portion of their previous gains.

In this blog, we will discuss how the Solana meme coin has been performing recently and whether the trend is still alive.

Best performing Solana meme coin

Solana Meme Coin remains one of the best-performing cryptocurrencies today, as most are in the green zone, with some even surging 500% in one week. Speaking of which, coins like CHIPI, Whales Club, POPDOG, and Crunchcat rose the most this week.

1.CHIPI

CHIPI, a cat-themed coin, has surged over 477% this week and is currently trading at $0.003023. The market capitalization is $3,051,945 and the trading volume is $1,457,550. Despite the high weekly rate of increase, CHIPI price has fallen over 23% in the past 24 hours.

2. Whales Club (WHC)

Whales Club price has increased over 67% in the past 24 hours and over 409.6% in the past week. At the time of writing, Whales Club is trading at $0.02309, has a market cap of $2,217,099, and has a trading volume of $192,561.

3.Pop Dog (Pop Dog)

POPDOG, a dog-based meme coin, has surged 60% in the past 24 hours and 238% in seven days, another gainer for the Solana meme coin. This meme coin continues to maintain its bullish trend with its price increasing by 484.6% in 14 days and 411% in 30 days. It is currently trading at $0.007804, with a market cap of $7,612,186 and trading volume of $517,662.

4. Crunch Cat (CRUNCH)

Crunchcat is another cat-based Solana meme coin that surged 216% in one week, but the token performed better over the last month. At the time of writing, it was trading at $0.0008595, a loss of 12% in 24 hours. The market capitalization is $840,567 and the trading volume is $721,984.

final thoughts

Many Solana meme coins, old and new, dominate this list of popular coins, but Dogwwifhat, BONK, BOME, and Popcat are also doing well. Dogwifhat has soared 33%, BONK 8.8%, BOME 25.2%, and Popcat 42.6% in one week, showing that the trend for these Solana meme coins continues.

However, some stocks have fallen significantly over the week, including Coolcoin, Wall street baby on Solana, BORK, Chatg, pt, and many others.



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