Dogwifhat saw a significant price increase of 20%, while Popcat surged by 27% and BookOfPussyCats experienced a remarkable gain of 120%.
The announcement of Dogwifhat’s perpetual futures being supported on both Coinbase International and Coinbase Advanced starting April 25th sparked excitement among investors, leading to a boost in WIF’s price to $3.02, as reported by CoinGecko.
Such listings are often perceived by investors and traders as a validation of a cryptocurrency’s credibility and an expansion of its market presence, resulting in a rush to buy in anticipation of increased demand once the coin becomes officially tradeable.
WIF is the coin that kickstarted the meme coin craze on Solana, creating millionaires among traders who have been holding the coin since its launch in mid-December.
Popcat, a popular meme from the 2010s, has seen a 27% increase in price to $0.16 after being listed on MEXC, a leading centralized exchange. Users on the platform contributed over 47 million MX to support Popcat’s listing, which was then distributed back to the users who participated.
With a market cap of only $156 million compared to WIF’s $3 billion, Popcat, which has been around for the same amount of time as WIF, has investors hopeful that it will see significant growth during this bullish market.
BookOfPussyCats (BOCA), a new meme coin that launched just over a day ago, has surged by 120% and is currently priced at $0.0051, according to CoinMarketCap, despite having a market cap of only $5 million.
BOCA can be considered the cat version of the popular BookOfMemes (BOME) coin, which also yielded significant returns for early investors in March. Given that cats seem to dominate the meme coin frenzy on Solana, it makes sense to introduce a cat version of many popular coins, such as WIF’s counterpart, catwifhat (CWIF).
Sources:
– CoinGecko
– CoinMarketCap
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