Solana

FLOKI

A new meme coin on the Solana network, called Dogwifhat, has surpassed its competitor Floki, which operates on the Ethereum blockchain, in terms of market value. This indicates a notable achievement for the Solana-based token.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/01/Add-a-heading-1.png?fit&#61;900%2C300&amp;ssl&#61;1" />CryptosHeadlines Platform Has Launched its Native token <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">Get Waitlisted Now</a>A recently emerged meme coin called Dogwifhat (WIF), built on the Solana blockchain, has surpassed the market capitalization of its Ethereum-based counterpart Floki (FLOKI), as reported by CoinGecko. With a current valuation of $310 million, Dogwifhat is gaining traction and <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">posing a potential challenge</a> to other meme coins like Pepe (PEPE).<h3 id="recent-meme-coin-performance-a-mixed-day-in-crypto-markets">Recent Meme Coin Performance: A Mixed Day in Crypto Markets</h3>Over the last 24 hours, various <a href="https://cryptosheadlines.com/crypto-trader-spends-120k-in-fees-to-acquire-156k-worth-of-meme-coin-four/" rel="noopener noreferrer nofollow">meme coins</a> showcased diverse performances. Dogecoin (DOGE) led the way with a modest gain of 1.7%, closely followed by <a href="https://cryptosheadlines.com/shiba-inu-faces-decline-in-burn-activity/" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) with a 1.4% increase. Notably, Bonk (BONK) stood out, experiencing a significant rise of 8.1%, maintaining its impressive 34.1% climb over the past week.Pepe (PEPE) saw a minor uptick of 0.6%, while CorgiAI (CORGIAI) experienced a slight decline of 0.8%. The most remarkable performer during this period was Dogwifhat (WIF), surging by an impressive 45.4%. This <a href="https://cryptosheadlines.com/baby-doge-coin-defies-regulatory-challenges-surges-with-momentum/" rel="noopener noreferrer nofollow">surge adds to its speculative momentum</a>, contributing to a staggering 222.0% increase in value over the past week.Floki (FLOKI) had a more subdued 24 hours, marking a 1.5% increase, while Memecoin (MEME) displayed robust growth, jumping by 15.7%. <a href="https://cryptosheadlines.com/baby-doge-coin-ignites-investor-excitement-with-massive-token-burn/" rel="noopener noreferrer nofollow">Baby Doge Coin</a> (BABYDOGE), however, dipped by 0.5%.<h3 id="post-bonk-solana-rally-meme-coin-market-dynamics-unfold">Post-BONK Solana Rally: Meme Coin Market Dynamics Unfold</h3>Following the conclusion of the Solana rally propelled by BONK, <a href="https://cryptosheadlines.com/dogecoin-price-prediction-can-doge-hit-0-1-amid-meme-coins-rally/" rel="noopener noreferrer nofollow">meme coin prices</a> experienced a substantial downturn, witnessing declines of up to 80% from their peak values.Despite this notable pullback, there is ongoing speculation regarding the potential <a href="https://cryptosheadlines.com/pepe-pepe-posts-27-surge-amid-meme-coin-resurgence-in-bull-market/" rel="noopener noreferrer nofollow">resurgence of interest in other Solana-based meme coins</a>. While BONK itself displayed a modest 8% uptick in the last 24 hours, the broader <a href="https://cryptosheadlines.com/avalanches-resilient-surge-amid-market-decline/" rel="noopener noreferrer nofollow">market decline</a> has not hindered the overall growth of the Solana ecosystem.<a href="https://cryptosheadlines.com/polkadot-price-mirroring-icps-400-surge/" rel="noopener noreferrer nofollow">Also Read: Polkadot Price: Mirroring ICP&#39;s 400% Surge?</a>Investors remain vigilant, actively searching for the next breakout star among Solana-based <a href="https://cryptosheadlines.com/binance-labs-investment-sparks-meme-coin-surge/" rel="noopener noreferrer nofollow">meme coins that could potentially spark</a> another rally.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>

Solana Meme Coin Surpasses Floki

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