The world of meme coins has been heating up recently, and today is no exception.
Several meme coins are experiencing impressive price surges, including the Solana-based Book of Meme (BOME) and the playfully named catwifhat (CWIF).
Book of Meme On Fire as Token Surges 10% in 24 Hours
Book of Meme is making a splash today with a 10% price surge, pushing its value to $0.0118.
This marks BOME’s highest price since April 12 – and the token looks likely to post its fifth bullish close in the past six days.
BOME’s momentum is further highlighted by a 31% increase in spot trading volumes, reaching $347 million in the past 24 hours.
This makes Book of Meme the 5th most traded meme coin in that time.
While no specific news is driving this growth, the resurgence could be attributed to Bitcoin’s rebound.
Bitcoin is up 12% in the past five days, and this bounce seems to be sparking renewed excitement in the meme coin sector.
Whether Book of Meme can maintain this momentum remains to be seen, but for now, the token is clearly benefiting from the positive crypto market sentiment.
catwifhat Price Explodes as Spot Trading Volumes Near $3M
catwifhat is also turning heads with a 110% price pump, reaching $0.000000454 – its highest price in over a month.
This pump has been accompanied by a massive 137% increase in spot volumes, totaling $2.9 million and propelling CWIF into the top 1,000 coins by market cap.
Its current #1 trending status on Birdeye.so, a Solana token tracker, further highlights the scale of investors’ interest.
While CWIF is still only tradable on a few CEXs like Poloniex and LBank, potential future listings on larger exchanges could lead to even greater gains for this cat-themed meme coin.
Additionally, catwifhat’s clear connection to dogwifhat, the largest Solana-based meme token, might boost its popularity (and value).
However, like most meme coins, CWIF has no use case – it’s merely a vehicle for speculation.
So, while today’s price pump may be eye-catching, the token could just as quickly crash back down to earth.
Which Other Meme Coins Are Performing Well?
While Book of Meme and catwifhat are leading the way, new coins and tokens are launched every hour.
As such, investors are always looking for the next big thing – which could include exciting presale projects like Sealana (SEAL).
New Meme Coin on the Block Sealana Raises $250K in Less Than One Week
Sealana has been making serious waves in just the five days since its presale launched.
This new Solana-based project is shaking up the meme coin market, which has been dominated by dogs, cats, and frogs for too long.
Sealana’s chubby seal mascot, which is obsessed with finding the next big Solana meme coin, has resonated with investors.
This humorous and relatable narrative has led to over $250,000 being raised in the SEAL token presale in under a week.
With momentum like that, some are betting the presale could sell out sooner rather than later.
Adding to the excitement is Sealana’s “send-to-wallet” purchase option, an approach that worked wonders for the Book of Meme project.
Clearly, Sealana’s team is hoping to recreate that explosive success.
At the time of writing, an investment of 1 SOL will net 6,900 SEAL tokens, giving SEAL a value of around $0.0223.
With such a low entry point, many investors are jumping at the chance to participate.
Furthermore, with hundreds of traders piling into Sealana’s Twitter and Telegram communities daily, the buzz around this project is unmistakable.
As such, all signs point to a potentially massive few weeks as this quirky meme coin prepares to hit the open market.
