With the community seeing a bunch of meme coin success tales in 2024, Solana’s Billy is the most recent. The token has surged a exceptional 176% over the past 30 days, in keeping with CoinMarketCap. The blockchain has already seen tokens like BONK and Dogwifhat (WIF) dominate this 12 months.
Now, BILLY appears prefer it might be the subsequent in line. Earlier this week, the token reported having a market cap above $174 million. Furthermore, that determine provides it the biggest market cap for a token created by Pump. enjoyable. The event reassures the elevated competitors of Solana-based tokens within the sector.
BILLY Surges to $170M Market Cap because it Retains Rising
There may be little argument in opposition to the general dealer curiosity in Solana meme cash. BONK is a good instance, with the token surging as a lot as 25% within the final day. That has seen the token surpass WIF as the biggest Solana meme coin by market cap.
Each tokens nonetheless signify two of the highest 5 largest meme cash by market cap. They might quickly be joined by one other from the identical community. Certainly, Solana’s Billy has change into the most recent meme coin to surge in worth. The asset is up greater than 52% within the final week, because it appears to compete.
The token was launched in June of this 12 months. Shortly after, the token’s have been offered by the developer, with the group taking up the challenge. The entire challenge’s social media accounts are managed by that group, with the unique developer utterly absent.
These tokens have been offered simply 20 minutes after BILLY was launched, SolScan information reveals. That passed off in a single transaction, with the tokens offloaded for simply $1,116. That quantity of Billy would now be price greater than $6 million following its unimaginable rise. Time will inform if the token can comply with different Solana meme cash, and proceed rising over the subsequent a number of weeks.