Solana Meme Coins See $8.32B Top Up: Will BOME, WIF Soar 100X Next?
- Leading Solana meme coins gained an additional $8.32B market cap in Q1 2024.
- The figure marked an 801.5% growth, ending Q1 with $9.36 billion market cap.
- Whale Insider argued WIF and BOME could still rally 10,000% in the bull market.
Market tracker CoinGecko unveiled a new report capturing the performance of Solana-based meme coins in the first quarter of the year. According to the report, the top ten meme coins on Solana gained an additional market share of $8.32 billion. The figure marked a staggering growth of 801.5% as the meme coins ended Q1 with a total market cap of $9.36 billion.
Interestingly, only BONK and Samoyedcoin (SAMO) existed before 2023 Q4. Following BONK’s success, a trove of newcomers later emerged. Meanwhile, in March, BONK, the premier meme coin on Solana, was outranked by the newcomer Dogwifhat (WIF).
WIF knocked out BONK following a consistent uptrend since late December 2023. It attained an all-time high of $4.85 on March 31 from its all-time low of $0.0677, marking a staggering 7,063% gain in under three months. While WIF rallied, it also knocked out other leading contenders in the meme coins space, like FLOKI and PEPE. Now, WI…
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