Solana-based meme coins Bonk (BONK), Myro (MYRO), Boden (BODEN) and GME rallied in the past 24 hours.
Solana meme coins Bonk, Myro, Boden, GME are rallying, gaining ground against Dogecoin and Shiba Inu. SOL-based meme coins gain mindshare and note higher trade volume while interest in large market cap memes wanes. Market capitalization of Solana -based meme coins is $8.48 billion. Solana -based meme coins Bonk , Myro , Boden and GME rallied in the past 24 hours.
and GME extend gains Data from CoinGecko shows that large market capitalization meme coins Dogecoin and Shiba Inu extended their losses in the past 24 hours. At the same time, while most Solana-based meme coins are hit by a correction, and GME are rallying. and GME posted 9%, 6%, 15% and 17% gains in the past 24 hours, respectively. These Solana-based assets are likely leading the category toward a recovery from the recent correction. A recent report from Coinmetrics notes that when viewed through the lens of relative trading volumes, older meme coins like DOGE and SHIB’s influence seem to be waning.
and a suite of new Solana-based meme coins now collectively represent over 50% of trading volume. Coinmetrics has identified investor preference towards newer meme coins, as communities and blockchain systems are geared towards higher returns. Share of spot trading volume by memecoin A BBC report states that US President Joe Biden stands with the jury’s decision that Hunter Biden is guilty of three felony gun charges.
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