A new Solana-based meme coin saw a 100 percent increase after its major exchange listing. Elsewhere, investors in a SOL-based altcoin made enormous profits. These developments have drawn more spotlight on SOL, the trending altcoin of recent days.
The new meme coin based on Solana has exploded!
Dogewifhat’s WIF token saw a 100% increase following its major exchange listing. This development made waves in both Solana and cryptocurrency communities. The value of Mem coin increased from $0.1319 to $0.2683 in a four-hour period. Thus, it marked an important milestone for the cryptocurrency. The driving force behind this significant increase is the token’s recent listing on Crypto.com, a major cryptocurrency exchange. This strategic move pushed the Dogwifhat token into the spotlight. WIF increased its market value to 268 million dollars with a transaction volume approaching 10 million dollars.
The appeal of the hat-wearing Shiba Inu dog has become a symbol of admiration within the crypto community. It has led to a surge in posts featuring distinctive elements that make Dogwifhat stand out in a sea of digital assets. This is not the first wave that WIF has created in the market. Just a few days ago, the MEXC exchange opened its doors to the meme coin, setting the stage for its current explosive growth.
ANALOS trader made huge profits
cryptokoin.com As we reported, the cryptocurrency world is following the Solana ecosystem soon. Today, ANALOS, a SOL-backed token, reflected a feeling of frenzy in the crypto market. According to on-chain data, a trader made significant profits from his ANALOS trade on Monday. The trader collected these profits for five days. Thus, it created a tidal wave of speculation among crypto market enthusiasts. Moreover, data emerging in the broader crypto market amid Solana’s price jump has fueled further implications for the SOL-backed token.
According to data from the on-chain analytics platform Lookonchain, the trader who made enormous profits goes to the DmBpEfT….zRjm4 wallet address. Additionally, according to data, the said trader converted $900 into $3.47 million with the ANALOS trade on the Solana network. Notably, the trader achieved this profit in 5 days, arousing great curiosity among crypto fanatics. Meanwhile, according to Lookonchain data, the trader still has a significant amount of ANALOS.
Solana-based ANALOS price skyrockets!
As of writing, the ANALOS price is up an extraordinary 148.0% on the day. However, it lost ground with subsequent sales. The altcoin was trading at $0.001773 at the time of writing. However, it has seen a rise of over 240% on a weekly and monthly basis. Meanwhile, the price jump exhibited by ANALOS is also in line with the jump in Solana’s price. As of writing, Solana price has increased by 8.8% in the last 24 hours, reaching $124. Solana’s price jump was accompanied by a 72% weekly increase. Interestingly, Lookonchain data is consistent with the market performance shown by these tokens. This fuels optimism for their future.
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