2 Top Disruptor Solana Meme Coins Bouncing Back The Most

The crypto market started the week dismally on Monday as Bitcoin fell to $60,000 and Ethereum below $3,300. In addition to concerns about macro factors like the Federal Reserve’s stance on interest rate cuts, news that the defunct  Mt. Gox exchange will soon begin distributing payments in Bitcoin and Bitcoin Cash to its creditors deepened the instability. However, select Solana meme coins are reversing the trend on Tuesday, including dogwifhat (WIF) and Popcat (POPCAT).

1. Solana Meme Coins To Buy: Dogwifhat

Launched in late 2023, Dogwifhat (WIF) is a meme coin capitalizing on the Shiba Inu dog craze within the Solana ecosystem.

Despite lacking utility beyond its playful mascot sporting a pink knitted hat, it gained significant traction for its lighthearted approach and community focus. In the meantime, WIF’s rapid price surge and ability to surpass established meme coins like DOGE on Solana has surprised some investors, highlighting the unpredictable nature of meme coin popularity.

According to CoinGecko data, WIF tops the Solana meme coins rebounding the most. The token is up 24% in 24 hours to $1.9 and backed a massive spike in the trading volume to almost $1 billion.

Dogwifhat boasts $1.9 billion of market capitalization, ranking #58 among other cryptocurrencies. It has a circulating supply of almost 1 billion coins and a similar total supply.

The now popular meme coin exploded to an all-time high of $4.83 in March this year, but due to the widespread correction in the crypto market in the last three months, it currently holds 60% below the ATH.

Keeping the 24% rally in 24 hours, WIF shows the potential to recover the losses and climb to a higher record high. For this reason, the meme coin easily passes as a disruptor Solana meme to buy and hold.

2. Popcat

Preying on internet nostalgia, Popcat (POPCAT) emerged as a Solana meme coin in late 2023. Referencing the viral “popcat” meme featuring a cat with exaggerated mouth movements, POPCAT offered little utility beyond its meme status.

However, a combination of community hype, a playful nod to internet culture, and impressive early growth – briefly surpassing established Solana meme coins – propelled Popcat into the meme coin spotlight, showcasing the continued influence of internet trends within the crypto space.

Popcat continues to attract the attention of tech-savvy investors who not only love the meme coin frenzy but are the gigantic price movements.

For instance, POPCAT exploded by a staggering 60% following the crash over the last two weeks until Monday. It hovered at $0.4, taking up the 172nd position among other cryptos. The token boasts $386 million in market capitalization and shows the potential to explode and reach the $1 billion threshold in the bull market.

 

Unlike other meme coins, Popcat stands out with a relatively lower total supply of less than 1 billion coins. If demand for this token continues, a breakout past the all-time high of $0.72 is in the offing. However, the journey will not end there as Popcat could rise to unprecedented levels.

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