Mobility is increasing in Solana: Which projects shined?

With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived.

With the recovery in the cryptocurrency market, memecoins in the Solana ecosystem have revived.

Solana price has jumped over 7 percent in the past day, which indicates that there is a high probability of an increase in the coming period. On the other hand, Solana-based memecoins also surprised their investors by registering large price movements in a short time. 

BONK, the leading memecoin of the Solana ecosystem, has retested an important support level. This resulted in Bonk price gaining over 22 percent with a trading volume of $571.63 Million.

Additionally, the popular memecoin winked at the bull by increasing by over 30 percent in the last 2 days. Moreover, the MACD exhibits an ascending trend with its averages registering strong bullish price action on the 1D (one-day) timeframe.

Popcat (LEFT)

Launched in 2023 with a circulating supply of 979,973,185, Solana-based memecoin Popcat takes its inspiration from the Bonk project. To become the next breakout memecoin, POPCAT has attracted a lot of attention from the crypto market.

dogwifhat (WIF)

WIF, another popular memecoin of the Solana ecosystem, achieved a transaction volume of over 626 Million dollars. WIF is currently priced 64.89 percent below its ATH

The Relative Strength Index (RSI) is indicating an uptrend on the 1D WIF price chart. Additionally, the average trend line has turned positive for WIF.