Memecoins in the Solana ecosystem defy the recent bearish downtrend in the crypto market by managing to generate double-digit gains.
Nearly every corner of the crypto market has corrected at some point in April, but, memecoins in the Solana ecosystem seem to be charting a different path.
According to CoinGecko data, the total market capitalization of memecoins on Solana has significantly risen in the last 24 hours, climbing 4.2% to $8.261 billion.
Bonk (BONK) gained the most, rising 15.2% over the last 24 hours and 8.7% in the last hour. Popcat (POPCAT) followd with double-digit gains of 10.7% over the last 24 hours and 214% over the last seven days.