The Moo Deng (MOODENG), one of the leading Solana meme coins, reached an all-time high (ATH) this week.
Several top Solana meme coins became a focal point in the crypto market, drawing significant attention.
The price of dogwifhat (WIF), the largest Solana meme coin by market capitalization ($2.3 billion), increased by 32.1%, according to CoinGecko data.
Previously, we reported that WIF had outperformed well-known dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of growth.
The Solana meme coins ranking by market capitalization | Source: CoinGecko
Bonk Makes a Comeback After Its December 2023 High?
This week was also notable for Solana meme coins as Bonk (BONK) surged by 30.2%.
The Bonk holds second place by market capitalization in the $1.6 billion ranking. The last three months have been highly volatile for this meme coin, with a prevailing downtrend.
The coin peaked on July 22, reaching $0.000033. However, a wave of declines followed, and BONK failed to reclaim the $0.000030 level.
In the past seven days, the Bonk has shown steady growth.
The Bonk price history over the last 3 months | Source: CoinGecko
The Bonk, one of the first meme coins on the Solana network, gained popularity in December 2023 and continued to thrive into early 2024.
During this period, the BONK participated in an airdrop for Solana’s Saga phone buyers.
Moo Deng Price Surged Over 1300%
The Moo Deng has quickly become one of the prominent players in the crypto market. The MOODENG price has already entered the top 10 Solana meme coins by market capitalization, with $223.9 million.
On September 20, the Moo Deng was valued at $0.01545. By September 28, the coin hit an all-time high (ATH) of $0.3387, representing an astounding 1376.8% increase in just eight days. In a previous article, we discussed potential scenarios for MOODENG’s future price.
At the time of writing, the MOODENG’s price has corrected to $0.2229.
The Moo Deng price history over the last 7 days | Source: CoinGecko