Solana Memecoins Boom as SOL Hits $200; DOGE, RAY, GRASS Soar

 
Ritu Lavania
Written By 
Ritu Lavania
November 8, 2024
5.0

The Solana Memecoin Ecosystem is booming, and this could be attributed to its native token, SOL, hitting the $200 level mark in the early hours of today. This milestone achievement aligns with recent SOL prediction analyses that suggested a bullish trend for the token. Among the top gainers are meme coins: DOGE, RAY, GRASS, JTO, TRUMP, and a few others.

At the time of writing, Solana is valued at $196.65, after a surge of 3.23 % in the past one day. As for its trends in the past few days, Solana has surged by 17.75% in the past 7 days.

courtesy: Coinmarketcap

Not just the token itself, but several other memecoins from its ecosystem have seen a jump including RAY, GRASS, DOGE, MOODENG, TRUMP and others.

Dogecoin(DOGE) is down by 3.45% (1d) in the past day, however, overall Dogecoin showed a surge of 20.6% in the past 7 days. At the time of writing, DOGE is exchanging hands at $0.192.

Raydium(RAY) saw a 24-hour increase of 11.38%, now priced at $$4.73. Raydium, an automated market maker (AMM) and liquidity provider built on the SOL blockchain for the Serum DEX, saw a surge of 50.02% in the past 7 days.

The SOL based token GRASS, which rewards s for their unused internet saw a 24-hour increase of 13%, and is now priced at $2.96. Notably, its 7 day growth rate has been recorded at a whopping 162.86%. In a related development, First Digital’s stablecoin has chosen Solana for its speed and scalability advantages.

Jito Network(JITO) saw a 24-hour increase of 18.80%, and is now priced at $2.80.· ORCA saw a 24-hour increase of 17.23%, now priced at $3.38. Kamino Finance(KMNO) saw a 24-hour increase of 14.77%, now priced at $0.111. Drift(DRIFT) saw a 24-hour increase of 7.34%, and is currently trading at $0.58. M2 exchange’s MMX saw a 24-hour increase of 16.23%, and is valued at $0.6886.

At the time of writing, CORGIAI saw a 24-hour increase of 19.29%, and is now priced at $0.001073.

Popular memecoin themed on hippo baby Moodeng, (MOODENG) saw a 24-hour increase of 25.85%, now priced at $0.2734.PUPS saw a 24-hour increase of 2.3%, now priced at $0.2385. TRUMP saw a 24-hour increase of 21.99%, now priced at $2.03. FARTCOIN saw a 24-hour increase of 34.5%, currently priced at $0.07931. LUCE saw a 24-hour increase of 21.70%, now valued at $0.06496. MANEKI saw a 24-hour increase of 24.79%, and is now priced at $0.008658.

Also Read: Ethereum Nears $3000 After Crossing $2900: What Changed for ETH?

 

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.