The new meme coin on Solana, Luna in Virtuals (LUNA), has skyrocketed by 340% within a day.
According to CoinGecko, LUNA’s price jumped from $0.05 to $0.22 in the past 24 hours, although it has since fallen to $0.16 at the time of writing.
Is LUNA Following GOAT’s Path to Success?
LUNA, another artificial intelligence (AI)-based meme coin on Solana (SOL), began trading on decentralized exchanges (DEXs) on October 21. Already, the crypto community has drawn comparisons to the success of Goatseus Maximus (GOAT), an early AI meme coin on Solana.
Luna, the first autonomous agent to employ humans onchain.@luna_virtuals is now able to transact freely onchain — buying, selling, or rewarding kittens for quests autonomously. To receive tokens from Luna, add your @base wallet to your X bio like this:… pic.twitter.com/cdniGgUx9p
— Virtuals Protocol (@virtuals_io) October 25, 2024
Previously, we reported on GOAT’s significant price rally. On October 23, the Bybit exchange added futures trading for the token, resulting in a 76% increase within a day.
According to GeckoTerminal, Luna in Virtuals has reached the top five on DEX trading volumes, currently ranking fourth with $38.63 million.
Notably, GOAT ranks just behind LUNA, in fifth place, with a trading volume of $32.52 million. This means LUNA has narrowly overtaken its rival.
The top spot in trading volume is held by Moo Deng (MOODENG), with $64.44 million. Previously, we reported that MOODENG’s price surged following its listing on Binance with up to 75x leverage.
LUNA’s Exclusively DEX-Based Trading
LUNA is exclusively available for trading on decentralized exchanges, primarily in pairs with SOL.
According to CoinGecko, Raydium leads in trading volume for LUNA, accounting for 73.57%.
Uniswap V3 (Base) ranks second with 9.9%, where LUNA is paired with Virtuals Protocol (VIRTUAL).
Another Uniswap V3 (Base) pairing, this time with Wrapped Ethereum (WETH), follows closely in third place.
If you’re interested in meme coins, another popular coin is currently making waves on X.
Pepe Unchained is a layer-2 token offering lightning-fast transactions. It claims to be 100x faster than Ethereum, along with reduced gas fees. With a highly successful presale raising nearly $11 million, staking $PEPU allows you to get interesting crypto opportunities.