The post Solana Meme Coins Explode, Time to Buy SOL? appeared first on Coinpedia Fintech News
On September 26, 2024, Solana-based meme coins gained significant attention from the crypto community following their impressive performance.
Solana Meme Coins Outperform Bitcoin and Ethereum
According to CoinMarketCap data, SOL-based meme coins such as Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Cat in a Dogs World (MEW) have surged by 6%, 5.5%, 12%, and 15.5%, respectively, over the last 24 hours.
However, this significant price surge occurred during a period when major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and others were struggling to gain momentum. It will be more interesting to see whether Solana (SOL) follows the same rally.
SOL Current Price Momentum
At press time, SOL is trading near $150 and has experienced a price surge of over 2% in the past 24 hours. During the same period, its trading volume jumped by 9%, indicating g
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