With the community seeing a bunch of meme coin success tales in 2024, Solana’s Billy is the newest. The token has surged a exceptional 176% during the last 30 days, based on CoinMarketCap. The blockchain has already seen tokens like BONK and Dogwifhat (WIF) dominate this yr.
Now, BILLY seems to be prefer it could possibly be the subsequent in line. Earlier this week, the token reported having a market cap above $174 million. Furthermore, that determine provides it the most important 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’s little argument towards 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 most important Solana meme coin by market cap.
Each tokens nonetheless characterize two of the highest 5 largest meme cash by market cap. They may quickly be joined by one other from the identical community. Certainly, Solana’s Billy has turn into the newest meme coin to surge in worth. The asset is up greater than 52% within the final week, because it seems to be to compete.
The token was launched in June of this yr. Shortly after, the token’s have been bought by the developer, with the neighborhood taking up the challenge. All the challenge’s social media accounts are managed by that neighborhood, with the unique developer fully absent.
These tokens have been bought simply 20 minutes after BILLY was launched, SolScan information reveals. That came about in a single transaction, with the tokens offloaded for simply $1,116. That quantity of Billy would now be value greater than $6 million following its unimaginable rise. Time will inform if the token can observe different Solana meme cash, and proceed rising over the subsequent a number of weeks.
