Tuesday, November 5, 2024

Solana-Primarily based Memecoin Defies Market Downturn, Jumps Over 30% in 24 Hours Amid Itemizing on A number of Exchanges

One Solana-based (SOL) meme asset is defying market doldrums and rallying after being listed on quite a few crypto change platforms.

New information reveals that Billy (BILLY), a dog-themed memecoin constructed over Solana, has jumped over 30% over the past 24 hours after a number of crypto change platforms added assist for it.

The crypto change platforms that listed Billy embrace Bittrue, Bitget, MEXC, and Gate.io, who all introduced assist for the meme asset earlier this week.

Billy is buying and selling for $0.1659 at time of writing, a 36% acquire over the past day. On June twenty sixth, Billy was shifting for simply $0.0286.

Billy, which was launched earlier this 12 months in June and incorporates a image of a pet, is outpacing different outstanding meme belongings throughout the market’s present consolidation interval, which has triggered sharp decreases throughout the board.

Different dog-theme belongings, similar to dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE), are buying and selling for $1.91, $0.000014, $0.000023, and $0.1046 at time of writing, respectively.

Nonetheless, DOGE, WIF, SHIB, and BONK are all down between 30-40% over the past month whereas BILLY is up a staggering 150% throughout the identical timeframe.

In accordance with information from blockchain tracker Dexscreener, Billy’s market cap is sitting at $161 million at time of writing whereas its 24-hour quantity is at $24.6 million.

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Featured Picture: Shutterstock/Quardia/Sensvector


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