PANews reported on August 7 that according to Coingecko data, the market value of Solana-based Meme coins is currently $7.3 billion, up 35.2% in the past 24 hours. At the same time, the market value of cat-themed Meme coins has risen to $2.43 billion, up 41.8% over the same period. The main Meme coins in both categories have achieved double-digit growth. Dogwifhat rose 26%, Popcat rose 35%, and Michi rose 30%. By weight, the top three Meme coins, Dogecoin, Shiba Inu, and Pepe, also rose 3.9%, 2.6%, and 6.89%, respectively.
According to the data dashboard, the total value locked in Defi applications on the Solana network has increased by more than 25% in the past 24 hours, from $2.24 billion on Tuesday to $2.82 billion currently. According to Coingecko data, the market value of PolitiFi Meme Coin is currently $589 million, up 18% in the past 24 hours. Among them, Elon Trump (EL) and MAGATrump (MAGATRUMP) have risen by 38% and 51% respectively in the past 24 hours.
