While Bitcoin, Ethereum, Shiba Inu Witness A Meltdown, This Solana-Based Memecoin Has Surged 147% In Last Week
Portfolio Pulse from Benzinga Neuro
Billy, a Solana-based memecoin, has surged by 147% in the last week despite a market downturn affecting major cryptocurrencies like Bitcoin and Ethereum. The surge follows support from several cryptocurrency exchanges.
July 06, 2024 | 8:27 am
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NEUTRAL IMPACT
Dogecoin is trading at $0.1081 amid a market downturn, while the Billy memecoin has surged by 147%.
Dogecoin's price remains relatively stable compared to the significant surge in Billy, indicating differing market dynamics.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
Shiba Inu is trading at $0.00001538 amid a market downturn, while the Billy memecoin has surged by 147%.
Shiba Inu's price remains relatively stable compared to the significant surge in Billy, indicating differing market dynamics.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEGATIVE IMPACT
Bitcoin has fallen over 7% in the past week amid a market downturn, contrasting with the surge of the Billy memecoin.
Bitcoin's decline is part of a broader market downturn, which contrasts with the rise of Billy, highlighting market volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 50
NEGATIVE IMPACT
Ethereum has declined by over 11% in the past week amid a market downturn, while the Billy memecoin has surged.
Ethereum's decline is part of a broader market downturn, which contrasts with the rise of Billy, highlighting market volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 50