The top tokens in the meme category continue to bleed, highlighting the negative price action of these tokens currently in the cryptocurrency space. Additionally, top tokens recorded corrections of more than 10% in their portfolios, indicating increased selling pressure in the cryptocurrency industry.
On the other hand, memecoins in the Solana ecosystem have seen significant corrections over the past seven days, indicating a strong bearish reversal in the cryptocurrency industry. Top tokens such as BONK and MYRO recorded adjustments of 6.50% and 20%, respectively. Positively, WIF token shows an upward trend on the charts.
SMOG:
SMOG is another amazing memecoin based on Solana that is seeing massive price growth this year. Additionally, this project has been speculated to be a potential 100x gem for the Solana ecosystem. The Smog token first appeared with a massive 35% airdrop.
At the time of writing, the price of one SMOG token was $0.2005, the circulating supply of SMOG tokens was 778,999,968, and the market capitalization was $155,878,155 million. Smog prices are expected to see huge moves this year due to a possible listing on the Binance exchange.
Lump Cat (LOAF):
The LOAF token is a Solana-based project created with the vision to become the Meme For All Humanity token. We are currently working on several projects including gaming and payment solutions that could bring significant change to the industry.
At the time of writing this article, the price of LOAF is trading at $0.000207 and the market capitalization is $21.31 million. Additionally, the circulating supply of MEMCOIN is 100 billion, which is also the total supply.
MYRO:
The Solana ecosystem continues to receive significant attention from the cryptocurrency industry due to increased price volatility. MYRO token has received great attention in the market since its launch, recording a surge of approximately 1,250%.
With a circulating supply of 944,203,815 and a total supply of 999,981,491, the MYRO token is on a path to have a major impact on the cryptocurrency industry this year. The current price of 1 Myro (MYRO) token is $0.3085 and the market cap is $291,373,030.
conclusion:
The memecoin category continues to record mixed sentiment, highlighting uncertainty about the future price action of the industry. Additionally, the hype around Solana-based tokens continues to grow, indicating a positive outlook for the price in the long term.
memo: Memecoins are widely known to be highly volatile and exhibit significant price fluctuations in their portfolios within a short period of time, making investing in this category a high-risk investment. Please conduct detailed research before investing in digital assets.