As a seasoned crypto investor with a keen interest in meme coins, I’ve witnessed my fair share of volatility in this niche market. The recent surge of Billy (BILLY), a newcomer on the Solana blockchain, has caught my attention and left me feeling rather elated.
In the last 24 hours, the value of Billy (BILLY), the canine-themed cryptocurrency based on the Solana (SOL) blockchain, has experienced a significant increase, rising by more than 44%.
As a crypto investor, I’ve witnessed firsthand the surge in value of this particular coin since its addition to prominent digital asset exchanges back in June. The listing marked a significant milestone for the coin, and it has continued to outperform, fueling my optimism as an investor.
Based on a report by The Daily Hodl, there was a notable increase in the value of BILLY following announcements from exchanges such as Bitrue, Bitget, MEXC, and Gate.io that they would be listing the asset.
On the fifth of July, BILLY‘s stock price stood at $0.1659, representing a substantial jump of 36% in comparison to its value just a few days prior on June 26th when it was priced at a mere $0.0286.
As I conduct my research at present, CoinGecko values the meme coin with a canine mascot, which was introduced in June, at a price of $0.1862. This represents a substantial increase of 44.7% compared to its July 5 figures. Consequently, BILLY‘s market capitalization has grown to an impressive $189.5 million.
In just two weeks since its launch, the value of this coin has experienced a staggering increase of over 250%, and impressive growth has been noted across various time frames as well. For example, within the last seven days, BILLY‘s price surged by more than 192%. This significant outperformance contrasts sharply with the global crypto market’s decline of 7.40% during the same period.
Additionally, Billy has shown superior performance compared to other notable tokens within its class, while the larger meme coin sector experienced a decline of 10.80%, based on data from CoinGecko.
In the past 24 hours, assets such as Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and dogwifhat (WIF) have rebounded, showing a noticeable increase in value. At the moment of writing, Dogecoin had surged by 9.8%, and Shiba Inu experienced an impressive gain of 14.7%.
Bonk experienced a 10% increase with a trading volume of $397 million over a 24-hour period. Among the prominent meme coins, WIF demonstrated the strongest growth, surging by 16.4% within a day to reach a price point of $1.64.
Over the past month, I’ve observed a stark contrast in the price trends among various meme coins. While most of them experienced substantial losses, BILLY defied this trend and surged forward. For instance, Bonk dropped by over 32% during this period, while dogwifhat saw a steep decline of 40.6%. Shiba Inu and Dogecoin also joined the losing bandwagon, shedding more than 38% and 33% of their respective values.
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2024-07-06 16:26