🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Solana Memecoins WIF and BOME Eyes Slump Amid Market Gains

Published 05/18/2024, 01:00 AM
Updated 05/18/2024, 01:45 AM
Solana Memecoins WIF and BOME Eyes Slump Amid Market Gains

  • Solana memecoins show bearish trends amid market gains.
  • WIF’s value drops 4.13% while its trading volume is down 43.34%.
  • BOME faces a 46.99% fall in trading volume, hinting at reduced interest.

The cryptocurrency market is presently witnessing robust price movements, leading to significant portfolio increases for top crypto tokens. As Bitcoin (BTC) maintains a stable position above the $66K mark, experts suggest a positive trajectory for these tokens in the near future.

However, not all sectors of the market are experiencing the same level of buoyancy. Solana-based memecoins, such as dogwifhat (WIF) and BOOK OF MEME (BOME), have shown signs of a decline.

Both WIF and BOME have witnessed a decrease in value over the past 24 hours. WIF fell by 4.01%, while BOME dropped by 6.05%. This shift reflects a reduction in buying interest within the memecoin segment of the cryptocurrency market.

WIF Token Price Action

Ranked as the 41st largest cryptocurrency by market capitalization, the dogwifhat (WIF) token has seen a decline. Over the last 24 hours, its market value has decreased by 4.13%, bringing its valuation down to $2,838,673,268. Additionally, its trad…

The post Solana Memecoins WIF and BOME Eyes Slump Amid Market Gains appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.