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Home»Analysis»Solana-based Memecoin Defies Market Drop to Surge Over 30% in 24 Hours Amid Listing on Multiple Exchanges
Analysis

Solana-based Memecoin Defies Market Drop to Surge Over 30% in 24 Hours Amid Listing on Multiple Exchanges

2024-07-05No Comments2 Mins Read
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One Solana-based (SOL) meme asset is braving the market doldrums and rebounding after being listed on numerous crypto exchange platforms.

New data shows that Billy (BILLY), a dog-themed memecoin built over Solana, has risen more than 30% in the past 24 hours after multiple crypto exchange platforms added support for it.

The crypto exchange platforms that Billy was listed on include Kind of true, Bitget, MEXCAnd Gate.ioall of whom announced support for the meme item earlier this week.

Billy is trading at $0.1659 at the time of writing, a gain of 36% over the last day. On June 26, Billy moved for just $0.0286.

Billy, which launched earlier this year in June and features an image of a puppy, is outpacing other prominent meme assets during the market’s current consolidation period, which has led to sharp declines across the board.

Other dog-themed assets such as dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) are trading at $1.91, $0.000014, $0.000023 and $0 respectively at the time of writing ,1046.

However, DOGE, WIF, SHIB and BONK are all down 30-40% in the past month, while BILLY is up a whopping 150% over the same period.

According to data from blockchain tracker Dexscreener, Billy’s market capitalization is to sit at the time of writing $161 million, while the 24-hour volume is $24.6 million.

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defies Drop Exchanges Hours listing market MEMECOIN multiple SolanaBased Surge
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