Amidst bearish cryptocurrency market conditions, Wuffi was the top gainer, surging 50% in the last 24 hours.
The overall cryptocurrency market cap plunged nearly 1.4% in the last 24 hours. According to CoinGecko, the global cryptocurrency market cap is $2.38 billion at press time.
Bitcoin (BTC) and Ethereum (ETH) show no signs of movement during this period. Bitcoin is down more than 2.1% over the past seven days, while Ethereum is down nearly 7% over that period.
However, even with this bearish outlook, few meme coins are outperforming overall market conditions. One notable meme coin called Wuffi (WUF) has surged more than 50% in the past 24 hours, taking the top gainer spot on CoinGecko.
WUFFI increased by 50% as the team burned 317 billion WUF.
WUFFI reached a market capitalization of $103 million as the coin surged from a 24-hour low of $0.00000008106 to $0.0000001233.
The coin is trading in the green zone given its price performance, surging 130% over the past 30 days.
One of the most logical reasons for this pump is the latest initiative from the WUFFI team. The team recently burned a total of 317 billion WUF.
The project’s X account was shut down by 700,000 community members who noticed the scheme. This decision is likely to have had positive results, as evidenced by the recent upturn.
KLAUS and STFC pumps are closer to 50%.
A meme coin called Klaus (KLAUS) recorded the second largest gain on CoinGecko. The coin surged nearly 49% to reach the price level of $0.0269.
Klaus’ market cap is low at $26.7 million. The exact reason why Klaus’s price soared is unclear.
However, their team announced yesterday that they had reached 6,000 Klaus holders.
STFX is moving right behind KLAUS with a 46% pump. The coin surged from a 24-hour low of $0.02884 to a high of $0.04254.
The coin is up more than 580% in the last 30 days. The project announced that it will soon officially move to Solana (SOL). They also mentioned that they are in the final stages of a full rebuild of their dApp.
STFX said it was experiencing exponential growth at Solana, which was the primary reason for the switch.