Altcoins

Top 3 Solana Memecoins Performing Well in Past 7 Days to Watch

The Solana (SOL) ecosystem has continued to thrive as a positive breeding ground for new memecoins.

While BONK remains the first and biggest memecoin on Solana, new entrants are making waves in the community.

With the motivation to rewrite the success story of BONK, many of these new memecoins have gathered a dedicated following in a short period of time.

With numerous tokens going live daily, here is a selection of three Solana memecoins to watch as the ecosystem evolves. The tokens are BOZO (BOZO), Bong-Bonk’s Brother ($BONG), and Bitspawn (SPWN).

BOZO (BOZO)

BOZO is a memecoin that is gaining fast traction in the Solana community. The token has a maximum supply of 100,000,000,000,000 BOZO, and it has managed to spark a rare growth frenzy in its community thus far.

At the time of publishing, BOZO has jumped 26.69% in 24 hours to $0.0000001318. It attained it’s All-Time High (ATH) of $0.0000001731 on January 13 and boasts a current market cap of $5.4 million.

The meme coin’s growth of 569.70% in the past seven days and 850.54% over the past month underscores how fast it is drawing attention to traders with a penchant for high-risk, high-reward assets. BOZO has scored listings on exchanges like Raydium, Orca, and Poloniex.

Bong – Bonk’s Brother (SBONG)

One of the subtle tricks to getting properly noticed in the memecoin scene is to maintain affiliation with a successful project. The name ‘Bonk’s Brother’ sets BONG apart for instant recognition.

Ranked as the 2,376th token, BONG has a less robust market cap, which comes in at $3,162,895 atop a 13.65% price drop in the past 24 hours to $0.00002721. The token has a maximum supply of 99,989,186,093 $BONG.

Despite this gloom, BONG has retained approximately 168.67% growth in the trailing 7-day and 30-day period. It trades on Raydium, Orca, and Jupiter, with only the Solana pair on all three platforms.

Bitspawn (SPWN)

Of the three Solana meme coins, Bitspawn has the least market capitalization, with a valuation of $75,520, despite its relatively lower total supply of 1,955,549,971 SPWN.

Its price is down 21.46% in 24 hours and pegged at $0.0001469. This bearish turn is, however, compensated for by the 34.08% surge in the past seven days and 227% in the past month. Bitspawn has scored listings on Raydium and ProBit Global exchanges.

These meme coins have intense volatility that might turn investors’ capital into $0. While their risk-reward ratio is high, prospective backers need to conduct further research and due diligence before getting on the bandwagon.

Source

Click to rate this post!
[Total: 0 Average: 0]
Show More