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Key Takeaways

Popcat’s worth reached a brand new all-time excessive of $1.75, main the surge in Solana meme cash.
The market cap for Solana meme cash has exceeded $12 billion, reflecting a 7% improve within the final 24 hours.

Popcat (POPCAT), a preferred meme coin on Solana, simply set a brand new file excessive at $1.75 on Tuesday morning. CoinGecko knowledge reveals that the token has jumped 11% within the final 24 hours, main the colourful rally of Solana-based meme cash.

POPCAT’s market capitalization has now exceeded $1.6 billion, surpassing Bonk (BONK) to turn into the second-largest Solana meme coin. BONK has rallied 4% over the previous 24 hours however the token’s worth continues to be down 7% on the month-to-month chart.

In the meantime, Dogwifhat (WIF) has additionally skilled an 8% worth improve, sustaining its place as the biggest Solana meme token by market cap.

The general market cap of Solana meme cash now stands at over $12 billion, registering a virtually 7% improve inside a day. This development displays the rising enchantment of area of interest tokens within the crypto market.

Different Solana-native meme cash like MEW, BOME, MOODENG, MYRO, and SLERF have additionally reported positive aspects throughout this era.

Other than the Solana meme cash, established tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) have additionally seen main upticks prior to now 24 hours. SHIB has risen by 8%, whereas PEPE has elevated by 7%.

DOGE has turn into one of many day’s top-performing meme cash. The token’s worth has soared roughly 13%, reaching $0.16, pushed by a current push from Elon Musk.

Musk’s involvement has intensified as he positions himself for a possible function within the Donald Trump administration, teasing the creation of a “Division of Authorities Effectivity,” cleverly abbreviated DOGE.

If Trump wins the election, merchants anticipate that DOGE’s worth might climb even increased. Plus, the probability of Musk securing a place in Trump’s cupboard has doubled within the final two weeks, additional fueling hypothesis round DOGE’s future.