Crypto Analyzer

Solana-based memecoin Billy continues upward trend, soars over 44% days after listing

**Billy, a Solana-based Memecoin, Surges Over 44% Following Recent Listing**

In recent crypto news, Billy (BILLY), a dog-themed meme coin on the Solana (SOL) blockchain, has experienced a significant surge in value, soaring over 44% in just 24 hours. This upward trend comes on the heels of Billy’s impressive performance since its listing on several major cryptocurrency exchange platforms in June.

According to reports from the Daily Hodl, Billy’s value has seen a substantial increase after various exchanges such as Bittrue, Bitget, MEXC, and Gate.io announced their support for the asset. On July 5, Billy was trading at $0.1659, marking a 36% increase from the previous day. Earlier, on June 26, Billy was valued at only $0.0286. Currently, the meme coin is priced at $0.1862, representing a 44.7% increase from its July 5 levels and bringing Billy’s market capitalization to $189.5 million, as per CoinGecko data.

Since its launch, Billy’s value has surged by an impressive 254% in just two weeks, with robust gains observed over various time frames. In the last 7 days alone, the price of Billy increased by more than 192%, outperforming the global crypto market, which experienced a 7.40% downturn. Additionally, Billy has outperformed other well-known tokens in the meme coin category, with the broader meme market registering a 10.80% decline, according to CoinGecko data.

Notably, while Billy has been on the rise, other meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and dogwifhat (WIF) have also shown positive movements. Dogecoin and Shiba Inu were up by 9.8% and 14.7%, respectively. Bonk saw a 10% increase with a 24-hour trading volume of $397 million, while dogwifhat had the best performance among major meme coins, jumping 16.4% in a day to trade at $1.64.

However, over a 30-day period, many of these meme coins experienced significant price declines, while Billy continued to soar. For instance, Bonk, dogwifhat, Shiba Inu, and Dogecoin all saw notable decreases in value during this period, contrasting with Billy’s impressive performance.

In conclusion, Billy’s recent surge in value highlights the growing popularity and potential of meme coins in the crypto market, with the Solana-based token demonstrating strong performance and outpacing its peers in the meme coin sector. Investors and traders will likely continue to monitor Billy’s trajectory and the broader meme coin landscape as the market evolves.