Memecoin headquartered in Solana Defies Market Downturn Surges Over 30 in 24 Hours Across Multiple Exchanges

CoinDesk Reports:
A meme asset based on Solana (SOL) is combating market downturns and rebounding after its listing on numerous cryptocurrency exchanges.
New data reveals that Billy (Billy), a dog-themed meme coin built on Solana, has surged over 30% in the past 24 hours following increased support across multiple cryptocurrency trading platforms.
Cryptocurrency exchanges listing Billy include Bittrue, Bitget, MEXC, and Gate.io, all of which announced support for this meme asset earlier this week.
At the time of writing, Billy is trading at $0.1659, marking a 36% increase over the last day. On June 26, Billy moved at $0.0286.
Launched earlier this June, Billy features photos of small dogs and has outperformed other notable meme assets during the current market consolidation period, contributing to a significant overall market decline.
Other dog-themed assets such as dogwifhat (WIF), Shiba Inu (SHIB), Bonk (Bonk), and Dogecoin (DOGE) are trading at $1.91, $0.000014, $0.000023, and $0.1046 respectively at the time of writing.
However, DOGE, WIF, SHIB, and BONK have all declined by 30-40% over the past month, whereas BILLY has seen a remarkable 150% increase during the same period.
According to blockchain analytics firm Dexscreiner, Billy’s market capitalization is $161 million at the time of writing, with a 24-hour trading volume of $24.6 million.
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Featured image: Shutterstock/Quardia/Sensvector