Memecoins on Solana have had a major influence on the cryptocurrency world. The rise in memecoins on the platform has triggered a spike in exercise on the SOL community. The launch of Pump.enjoyable could also be one of many elements driving the expansion of memecoins on the SOL community.
SOL’s Latest Value Spike
The surge in SOL-based memecoins could have helped SOL’s current rally. The asset reached a brand new all-time excessive of $263.21 on Nov. 23, 2024.
SOL confronted a dip after Bitcoin (BTC) fell beneath $91,000. SOL continues to be down by 7.1% within the weekly charts. Regardless of the dip, SOL has maintained some beneficial properties within the different time frames. The asset is up 0.7% within the each day charts, 14.7% within the 14-day charts, and 34.8% over the earlier month. The cryptocurrency’s value has additionally risen by 304.7% since late November 2023.
Solana’s efficiency during the last yr has been unimaginable. The asset fell to beneath $10 after the collapse of FTX in November 2022. SOL has made fairly a restoration since its 2022 lows.
High 3 Solana-based Memecoins
1. Pepe (PEPE)
PEPE is among the many best-performing cryptocurrencies of the final yr. The memecoin has shortly climbed the ranks and is presently the Twenty third-largest crypto challenge by market cap.
In keeping with CoinCodex, the SOL-based memecoin might hit a brand new all-time excessive of $0.00006830 on Dec. 27, 2024.
2. Dogwifhat (WIF)
WIF is one other SOL-based memecoin with witnessed unimaginable progress this yr.
In keeping with CoinCodex, WIF will proceed to rally over the following few weeks. The platform anticipates the memecoin to breach the $10 in December 2024. CoinCodex anticipates the asset to hit a brand new peak of $10.91 on Dec. 27. 2024.
3. Popcat (POPCAT)
POPCAT made waves earlier this yr when its value skyrocketed. The memecoin shortly entered the highest 100 initiatives by market cap.CoinCodex predicts the Solana-based memecoin to hit a brand new all-time excessive of $4.34 on Dec. 27, 2024.
