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Solana-Based Memecoin Defies Market Downturn, Jumps Over 30% in 24 Hours Amid Listing on Multiple Exchanges

July 6, 2024
in Altcoin
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One Solana-based (SOL) meme asset is defying market doldrums and rallying after being listed on quite a few crypto trade platforms.

New information reveals that Billy (BILLY), a dog-themed memecoin constructed over Solana, has jumped over 30% over the last 24 hours after a number of crypto trade platforms added assist for it.

The crypto trade platforms that listed Billy embrace Bittrue, Bitget, MEXC, and Gate.io, who all introduced assist for the meme asset earlier this week.

Billy is buying and selling for $0.1659 at time of writing, a 36% achieve over the last day. On June twenty sixth, Billy was shifting for simply $0.0286.

Billy, which was launched earlier this yr in June and incorporates a image of a pet, is outpacing different outstanding meme property through the market’s present consolidation interval, which has prompted sharp decreases throughout the board.

Different dog-theme property, reminiscent of dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE), are buying and selling for $1.91, $0.000014, $0.000023, and $0.1046 at time of writing, respectively.

Nevertheless, DOGE, WIF, SHIB, and BONK are all down between 30-40% over the last month whereas BILLY is up a staggering 150% throughout the identical time-frame.

In accordance with information from blockchain tracker Dexscreener, Billy’s market cap is sitting at $161 million at time of writing whereas its 24-hour quantity is at $24.6 million.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet online affiliate marketing.

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Tags: DefiesDownturnexchangeshoursJumpslistingMarketMemecoinMultipleSolanaBased
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