The Solana (SOL) ecosystem has stood out as a prominent profitable environment for investors who are able to take advantage of the various opportunities. One Solana memecoin It recently presented an impressive development that has placed it as one of the biggest profit-making cryptocurrencies today.
A memecoins based on Solana, PONKE, surprised by recording an increase of more than 60% in its price, settling at a peak of US$0,168562 this morning, and an advance of 143.6% in the last seven days.
This upward momentum put the PONKE memecoin on the list of the day's biggest gainers given its impressive rise in the last day. At the time of publication, the price of PONKE was quoted at US$0,1608, up 57.1% in the last 24 hours.
Additionally, the Solana-based memecoin broke its price record today. The highest price paid for PONKE (PONKE) was $0,1686, recorded on April 18 (approximately 1 hour ago). Comparatively, the current price is 3,44% lower than the historical peak.
Currently, PONKE is ranked 517th globally and 27th among memecoins with a market capitalization of US$80.803.365. The project stands out with more than 50 thousand followers on Twitter, indicating strong interest from the community. In its monthly development, memecoin showed a growth in its price of 132.5% in the last 30 days.
The upward movement is quite significant given the recent market crash, which caused most cryptocurrencies to record strong retractions in their prices.
Solana Whales Capitalize on Memecoins During Crypto Market Crash
In an audacious move during the recent cryptocurrency market correction, large holders on the Solana blockchain, known as whales, took the opportunity to raise a significant amount of memecoins. Blockchain tracker Lookonchain was instrumental in identifying these peculiar transactions involving cryptoassets with curious themes.
Two notable Solana whales decided to expand their portfolios by acquiring large amounts of Slerf, a memecoin inspired by sloths, Book of Meme, based on Pepe the Frog, and Jeo Boden, a memecoin inspired by President Joe Biden. These acquisitions were made through the Kucoin and Binance, indicating an aggressive buying strategy from these whales after the market decline.
