CoinDesk reports:
A meme asset based on Solana (SOL) is rebounding against market downturns after being listed on numerous cryptocurrency exchanges.
New data reveals that Billy (Billy), a dog-themed meme coin built on Solana, surged over 30% in the past 24 hours following increased support across multiple cryptocurrency trading platforms.
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 26th, Billy was priced 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, 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 all saw declines of 30-40% last month, whereas BILLY surged an impressive 150% during the same period.
According to blockchain analytics firm Dexscreiner, Billy’s market capitalization stands at $161 million, with a 24-hour trading volume of $24.6 million at the time of writing.
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Feature Image: Shutterstock/Quardia/Sensvector
