Solana

SLERF

Million

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Billion

PLERF, a newly launched<a class="editor-rtfLink" href="https://coingape.com/trending/solana-memecoins-suffer-15-outflows-as-wider-market-falls/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;Solana token</a>, is tending in the crypto market with its 2100% surge in the trading volume with $4.32 Million in value. Not only this, the token price has also surged 88% in just a day and 248% in a week. At the time of writing, the PLERF price is at $0.004014.&nbsp;
It has also set an all-time high value of $0.005991 and has dropped by 27% for now.&nbsp;
<a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/plerf/"><img decoding="async" class="aligncenter size-full wp-image-189438" src="https://coingape.com/wp-content/uploads/2024/04/image-2024-04-03T163056.835-1.png" alt="PLERF Price Analysis" width="963" height="511" srcset="https://coingape.com/wp-content/uploads/2024/04/image-2024-04-03T163056.835-1.png 963w, https://coingape.com/wp-content/uploads/2024/04/image-2024-04-03T163056.835-1-300x159.png 300w, https://coingape.com/wp-content/uploads/2024/04/image-2024-04-03T163056.835-1-768x408.png 768w, https://coingape.com/wp-content/uploads/2024/04/image-2024-04-03T163056.835-1-150x80.png 150w" sizes="(max-width: 963px) 100vw, 963px"></a>
PLERF is a sloth-themed meme cryptocurrency that is said to be the next version of<a class="editor-rtfLink" href="https://coingape.com/trending/slerf-trader-made-3-02-million-in-12-mins-heres-what-happened/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;SLERF</a>, which gained a 2.41 Billion trading volume in the first 24 hours of launch.&nbsp;
<h2 id="strong-span-data-preserver-spaces-true-why-plerf-is-trading-in-the-market-span-strong">Why PLERF Is Trading In The Market?</h2>
PLERF was launched not too long ago and is a meme coin with low value. It was easier for it to get the initial desired attention from investors. It might also become prone to fall with the ongoing slow market and changes in the trends. Regardless, the token is surging for new heights for now, with a minor fall here and there.&nbsp;
On the other hand, it is similar to the SLERF token, which dominated the market up to recently but is in the dip as of now. Because of the PLERF marketing, calling it the next part of the SLERF meme coin, people are running to be a part of the network and not miss the initial hike, which they missed in the case of SLERF.&nbsp;
Also Read:<a class="editor-rtfLink" href="https://coingape.com/trending/solana-price-surge-secrets-revealed-whats-solana-hiding-from-us/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;Solana Price Surge Secrets Revealed; What’s Solana Hiding From Us</a>
Right now, SLERF has more than 75k holders and $129 in liquidity and has gained attention from investors. Its market cap is around $247,686,968, with a trading volume of $276,790,371. So, the investors are hoping for PLERF to follow a similar pattern and turn it into a big profit<a class="editor-rtfLink" href="https://coingape.com/meme-coin/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;meme coin</a>.&nbsp;
However, the entire crypto market is shifting towards a bear trend, where major cryptocurrencies suffer mainly because of<a class="editor-rtfLink" href="https://coingape.com/trending/btc-price-is-falling-is-it-the-end-of-bull-run/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;Bitcoin price</a>&nbsp;fall. Amid this chaos, a sloth meme coin might maintain a study pace to get over the market or fall.&nbsp;
<h3 id="strong-span-data-preserver-spaces-true-final-thoughts-span-strong">Final Thoughts</h3>
If PLERF gained a similar reach to SLERF, the chances are high for it to rise in value. But because of the meme coin nature, a few hidden scares always interfere with their values. Investors should be careful while investing in such high-risk cryptocurrencies.&nbsp;
Read More<a class="editor-rtfLink" href="https://coingape.com/trending/top-7-crazy-crypto-april-fools-day-pranks-2024/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;Top 7 Crazy Crypto April Fools Day Pranks 2024&nbsp;</a>
The post <a href="https://coingape.com/trending/plerf-a-solana-based-tokens-trading-volume-surged-2100-whats-happening/" rel="noopener noreferrer nofollow">PLERF, A Solana-Based Token’s Trading Volume Surged 2100%; What’s Happening?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

PLERF, A Solana-Based Token’s Trading Volume Surged 2100%; What’s Happening?

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