Solana meme coins like Popcat and Cat in a dogs world have seen a significant increase in their market cap, with Popcat becoming the third-biggest Solana meme coin. Other smaller meme coins have also surged in recent days. This has led to higher trading volumes in Solana's decentralized exchanges, surpassing those of Ethereum. Solana has also surpassed Ethereum in monthly volume and in the perpetual futures market. The popularity of Solana meme coins is driving this strong performance. The Popcat token is showing a bullish pennant chart pattern and the MEW token has made a strong bullish breakout, indicating the potential for further gains.
- Content Editor ( crypto.news )
- 2024-10-21
Popcat and MEW tokens rally as Solana DEX volume flips Ethereum