Memecoins
3 Solana Memecoins to Buy as the Market Recovers
Solana memecoins are outperforming most asset classes following a market resurgence over the past 24 hours. As the market recovers, crypto assets have seen slight gains while some memecoins have increased in value.
This is due to increased sentiment towards price fluctuations due to asset volatility. Solana (SOL) is up 8% against most major coins as it outperforms top coins in terms of recovery. On the other hand, Solana memecoins have also skyrocketed, with some assets trading at over 50 times today. At press time, the market cap of Solana memecoins stands at $7.8 billion, an increase of 11% today. Here are some of the best Solana memecoins to buy as the crypto market recovers.
MichiCoin
MichiCoin soared 179.2% in the last 24 hours and remains the biggest gainer today. The asset saw a rally around community spaces, triggering bullish sentiments in the market. This short-term sentiment boosted hourly earnings to 16.5%.
MichiCoin also showed consistent form as weekly growth reached 108% in the green zone. This sparked a sense of confidence as major assets struggled to erase their seven-day losses.
monkey haircut
Monkeyhaircut is up 68.2% today as its price climbs to $0.0281. The asset’s 24-hour volume reached $2.5 million, with intraday volumes also increasing by 18%. MONK’s weekly gains are over 288% with a similar monthly figure. According to data from CoinGeckothe market capitalization of the asset exceeded $28 million.
Zazu
Zazu joins the top-ranked Solana memecoins after rising 62% today. The asset is now trading at $0.00233 with holders expecting more inflows. According to CoinGecko data, Zazu’s market capitalization stands at $2.42 million with a daily trading volume of $1.3 million. It can be seen that three newer assets are outperforming the top Solana memecoins, although the latter is showing strength.
Main assets like dogwifhat and BOME are up 14% and 12% while BONK and Popcat record gains of 6.7% and 21% respectively.
Read also: Cryptocurrency trends of the day