Billy, a meme coin featuring a cute puppy mascot on the Solana blockchain, has seen an impressive 44% surge in value over the past 24 hours. This surge comes after the coin was listed on several major cryptocurrency exchanges in June, including Bittrue, Bitget, MEXC, and Gate.io.
As of July 5, Billy was trading at $0.1659, showing a significant 36% increase from the previous day and a remarkable jump from its value of $0.0286 on June 26. Currently, according to CoinGecko, the meme coin is priced at $0.1862, marking a 44.7% increase from its July 5 levels and bringing Billy’s market capitalization to $189.5 million.
Since its launch in June, Billy has experienced an impressive 254% increase in value, outperforming many other tokens in its category. Over the past week alone, the price of Billy has risen by more than 192%, surpassing the global crypto market, which has seen a 7.40% decrease.
In comparison to other meme coins like Dogecoin, Shiba Inu, Bonk, and dogwifhat, Billy has shown strong performance. While these coins have also seen gains in the last 24 hours, Billy’s growth has been particularly notable. For example, Bonk saw a 10% increase with a trading volume of $397 million, while dogwifhat jumped by 16.4% to reach $1.64.
Despite the positive movement of these meme coins in the short term, many of them have experienced significant losses over a 30-day period. Bonk, dogwifhat, Shiba Inu, and Dogecoin all saw decreases ranging from 32% to 40.6%. In contrast, Billy’s value has continued to rise, making it a standout performer in the meme coin market.
Overall, Billy’s recent surge in value reflects the growing popularity of meme coins and the potential for significant returns in the cryptocurrency market. Investors will be closely watching to see if Billy can sustain its impressive performance in the coming days and weeks.