Amid the bearish cryptocurrency market conditions, Wuffi emerges as the top gainer with a 50% surge in the last 24 hours.
The overall cryptocurrency market capitalization fell by almost 1.4% in the last 24 hours. according to CoinGeckoThe global crypto market capitalization stands at $2.38 billion at the time of this publication.
Bitcoin (btc) and Ethereum (ETH) show no signs of movement in this period. Bitcoin is down more than 2.1% in the last seven days and Ethereum is down almost 7% during this period.
However, amid this bearish outlook, few meme coins are outperforming overall market conditions. A notable meme coin called Wuffi (WOW) has risen more than 50% in the last 24 hours, earning itself the top gainer spot on CoinGecko.
WUFFI surges 50% as team burns 317 billion WUF
WUFFI has reached a market cap of $103 million as the coin has risen from a 24-hour low of $0.00000008106 to a high of $0.0000001233.
The coin is trading in green territory when it comes to its price performance in the last 30 days with an increase of 130%.
One of the most logical reasons for this bombshell is the latest initiative from the WUFFI team. The team has recently burned a total of 317 billion FUM.
The project’s X account has been closed for 700,000 community members who have probably noticed this initiative. This decision has likely turned out positively, as evidenced by its recent pumping.
KLAUS and STFC pump close to 50%
A meme coin named Klaus (Klaus) has earned the position of the second biggest gainer on CoinGecko. The coin is up almost 49%, reaching the $0.0269 price level.
Klaus has a low market capitalization of $26.7 million. The exact reason for Klaus’ price increase is unclear.
However, his team had announced that yesterday they reached 6,000 Klaus headlines.
STFX is moving right behind KLAUS with its 46% pump. The coin has risen from a 24-hour low of $0.02884 to a high of $0.04254.
The coin is also up over 580% in the last 30 days. The project had announced that they would officially move to Solana (SUN) soon. Additionally, they mentioned that they are in the final stages of a complete rebuild of their dApp.
STFX stated that they are seeing exponential growth in Solana, which is the main reason for their transition.
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