Giko Cat, inSure DeFi, and Sudeng Surging Amid Solana’s Struggle
Date: 2024-10-07 Author: Henry Casey Categories: CRYPTO PAYMENTS
According to CoinGecko, while major cryptocurrencies like Ethereum (ETH) and Solana (SOL) have seen modest gains of 1-3% following their recent declines, some meme coins have managed to post double-digit gains.
The biggest gainer in the last 24 hours is meme coin Giko Cat, which has increased by 52%. This makes it CoinGecko’s biggest winner in the period. Giko Cat has a market cap of $63 million, and its popularity can be attributed to the craze for cat-inspired meme coins, with Popcat (POPCAT) standing out.
Over the past week, Giko Cat has increased in value by over 280%, and by as much as 2,100% over the past 30 days. This significant growth has occurred amid high market volatility.
The second place among the winners is taken by inSure DeFi, which has shown a growth of 40%, reaching a price of $0.003166. This growth is observed after a decline to $0.00203 over the past seven days. Despite the successful 24 hours, it is worth noting that inSure DeFi has lost more than 35% of its value over the past month.
Unlike Giko Cat, inSure DeFi is not a meme coin. This coin is part of the crypto and real-world asset insurance ecosystem. However, the reasons for its growth remain unclear, as no significant announcements regarding the project’s development have been made in the past 24 hours.
In addition, the Sudeng coin has also shown good results, adding double-digit percentages to its value. Investors continue to keep an eye on this and other meme coins, highlighting the interest in new products on the market.
So, amid the general instability of the crypto market, Giko Cat, inSure DeFi, and Sudeng are attracting investors' attention, showing that even in a downturn, there is room for significant growth.
