Memecoins
These Solana Meme Pieces Are Popping This Week
Crypto assets are seeing daily gains with classes such as Solana coins and decentralized finance (DeFi) trying to break through. This week, assets are seeing a rebound, although numbers could remain in the red zone for many due to previous negative trading. The market cap stands at $2.42 trillion, up almost 2% in the last 24 hours.
Meme Coins saw broader gains climb 5% today as major assets rallied. Bitcoin price remains above $65,000 as bulls expect a broader rise above $70,000 if positive sentiment dominates the narrative. Solana meme coins have also been trading sideways for over a week, but have seen a change in direction over the past 48 hours. Here are the best Solana meme pieces trying to break through this week.
RNT
The Tate-themed token makes its appearance after days spent in the woods. Meme coin Solana is up 103% today at $0.01082 as celebrity tokens accelerate. Even though daily gains are in the green zone, longer-term numbers show capital outflows. Sustained growth is seen in its daily trading volume increasing to $22.9 million, making it a Solana meme coin to watch for a breakout.
Pepe Trump
Like Tate-themed tokens, Trump-themed meme coins have seen huge gains in previous months due to positive remarks about the sector. Pepe Trump jumped 25% today and is trading at $0.002578. Long-term numbers are in the red zone with a similar weekly output. Over the past 30 days, the asset has seen 39% outflows as Solana meme coins have lost steam compared to Q1 2024 figures.
Bulls expect a rally as macroeconomic conditions cool in favor of crypto assets. Token combines high-flying coin PEPE and Trump as users expect another surge.
Guacamole
Guacamole is among the best Solana meme coins dominating crypto spaces today. GUAC price is up 21% in the last 24 hours, while longer-term numbers are in the red zone, as expected. Monthly releases fell 49%, pushing its price down ahead of the recent gain. GUAC’s market cap is up $8.4 million while daily trading volumes hover at $445,000 according to data from CoinGecko.
Read also: Gamestop versus FLOKI; Which Meme Coin to Buy for High Returns
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for the latest news. Staying on top of trends, David has worked across several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Far from the financial markets, David goes cycling and horse riding.