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Solana-Based Memecoin Defies Market Downturn, Jumps Over 30% in 24 Hours Amid Listing on Multiple Exchanges – The Daily Hodl

One of the Solana-based (SOL) meme assets is defying the market downturn and rising after being listed on a number of cryptocurrency trading platforms.

Billy (BILLY), the dog-themed meme coin built on Solana, has surged more than 30% in the past 24 hours after multiple cryptocurrency trading platforms added support for it, according to new data.

Cryptocurrency trading platforms listed by Billy include: BitTrue, Bigget, Mexicoand Gate.ioall of whom voiced their support for the meme asset earlier this week.

Billy is trading at $0.1659 at the time of writing, up 36% from the previous day. On June 26th, Billy was trading at just $0.0286.

Billy, which launched in June this year and features a photo of a puppy, has outperformed other prominent meme assets during the current consolidation period in the market, which has caused a sharp decline across the board.

Other dog-themed assets such as dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE) are trading at $1.91, $0.000014, $0.000023, and $0.1046 respectively at the time of writing.

However, DOGE, WIF, SHIB, and BONK are all down 30-40% in the last month, while BILLY is up an astounding 150% in the same period.

According to data from blockchain tracker Dexscreener, Billy’s market capitalization is Sitting At the time of writing, the total is $161 million, with a 24-hour trading volume of $24.6 million.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies and digital assets. Transfers and transactions are at your own risk and you are responsible for any losses incurred. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Quardia/Sensvector

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