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Home»TRADING NEWS»WUFFI and KLAUS rose nearly 50% as global cryptocurrency market caps fell more than 1.4%.
TRADING NEWS

WUFFI and KLAUS rose nearly 50% as global cryptocurrency market caps fell more than 1.4%.

By Crypto FlexsOctober 27, 20243 Mins Read
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WUFFI and KLAUS rose nearly 50% as global cryptocurrency market caps fell more than 1.4%.
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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.

Source: Chart from CoinGecko

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.

exorbitant $WUF Baking complete! 🔥

Since you requested it, we have delivered it to you! Today we burned over $168 billion. $WUF in our repurchase $TON With WuffiTap and YouTube advertising revenue! Plus another 149B+ $WUF Unclaimed S1 rewards are gone forever!

NEXT Who’s ready to get burned? pic.twitter.com/jWKPVx4XYh

— Whoopi! (@WUFFI_Inu) October 23, 2024

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.

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