Author: Nidhi Kolhapur
Nidhi Kolhapur 
Author
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Aug 7, 2024 16:37
Nidhi Kolhapur
Author
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Memecoins on the Solana ecosystem surged more than 30% in the past 24 hours, leading gains in the crypto market, as the network’s underlying token SOL, recovered from losses from earlier in the week. Cat-themed pop cat (POPCAT) and dogwifhat (WIF) surged as much as 25%, before slightly retreating, while MUMU and cat dog (CATDOG) rose 30%. Major meme coins on other blockchains, such as DOGE and PEPE, lost as much as 5%, showing a preference for Solana-based tokens. There is optimism around the ecosystem ahead of a widely expected SOL ETF by the community.
