Despite the market’s overall stagnation, a Solana-based meme asset is standing out and surging after being listed on several crypto exchange platforms.
Recent data shows that Billy (BILLY), a memecoin with a dog theme on the Solana network, has seen a spike of over 30% in the past 24 hours following its addition to multiple crypto exchanges.
Among the platforms that have listed Billy are Bittrue, Bitget, MEXC, and Gate.io, all of which announced support for the meme asset earlier this week.
At the time of writing, Billy is trading at $0.1659, marking a 36% increase in the last day. Just a few days ago on June 26th, Billy was priced at only $0.0286.
Introduced in June of this year, Billy features an adorable puppy image and is outperforming other popular meme assets in the current market consolidation phase, which has led to significant drops across the market.
While other dog-themed assets like dogwifhat (WIF), Shiba Inu (SHIB), Bonk (BONK), and Dogecoin (DOGE) are currently priced at $1.91, $0.000014, $0.000023, and $0.1046 respectively, Billy has shown an impressive 150% increase in value over the past month, while others have experienced declines of 30-40%.
According to data from Dexscreener, Billy’s market cap is currently at $161 million, with a 24-hour trading volume of $24.6 million.
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Featured Image: Shutterstock/Quardia/Sensvector
