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Home»ALTCOIN NEWS»Solana-based Mimecoin surges over 30% in 24 hours amid market slump and multiple exchange listings
ALTCOIN NEWS

Solana-based Mimecoin surges over 30% in 24 hours amid market slump and multiple exchange listings

By Crypto FlexsJuly 6, 20242 Mins Read
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Solana-based Mimecoin surges over 30% in 24 hours amid market slump and multiple exchange listings
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One of the Solana (SOL)-based meme assets is riding high after being listed on several cryptocurrency trading platforms, beating the market’s slump.

According to new data, BILLY, a dog-themed meme coin built on Solana, has jumped more than 30% in the past 24 hours after multiple cryptocurrency exchange platforms added support.

Cryptocurrency trading platforms that have listed Billy include Bittrue, Bitget, MEXC, and Gate.io, all of which announced support for the meme asset earlier this week.

At the time of writing, Billy is trading at $0.1659, up 36% over the past day. On June 26, Billy was trading at $0.0286.

Launched in early June of this year and featuring a picture of a puppy, Billy is currently outpacing other popular meme assets during a period of market consolidation, which has led to a sharp decline across the board.

Other dog-themed assets, including dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE), are trading at $1.91, $0.000014, $0.000023, and $0.1046, respectively, at the time of writing.

However, while DOGE, WIF, SHIB, and BONK have all fallen 30-40% in the past month, BILLY has risen a whopping 150% over the same period.

According to data from blockchain tracking site Dexscreener, at the time of writing, Billy has a market cap of $161 million and a 24-hour volume of $24.6 million.

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Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are your responsibility and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/Quardia/Sensvector

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