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Meme Coin Market: ORDI, SATS, SUNDOG Lead Double-Digit Surge

Meme Coin Market: ORDI, SATS, SUNDOG Lead Double-Digit Surge

CoineditionCoinedition2024/09/02 16:00
By:Anisha Pandey
  • ORDI, SATS, and SUNDOG outperformed the top 5 meme coins by market cap.
  • Solana blockchain meme coins turned bullish as well.
  • Except for a few, the majority of meme coins on the Tron blockchain were bearish.

The leading meme coins in the digital asset space experienced a significant surge in the past 24 hours, with many altcoins based on dog memes seeing double-digit gains. Major meme cryptocurrencies like ORDI, SATS, and SUNDOG entered an uptrend, generating substantial profits for their investors.

According to the data from CoinMarketCap, the market cap of the meme coin sector rose 5.4% in the past 24 hours and currently stands at $40.5 billion. Further, the trading volume of all the cryptocurrencies in the meme coin sector stands at $4.55 billion. The top five tokens in the markets include Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), and Bonk (BONK). 

ORDI, SATS, and SUNDOG saw impressive gains, outpacing many leading meme coins. ORDI jumped 21.81% to $32.32, SATS climbed 14.72% to $0.0003115, and SUNDOG soared 12.43% to $0.2612.

The top five meme coins also showed positive movement: DOGE increased 4.77% to $0.09939, SHIB rose 3.48% to $0.00001367, PEPE surged 6.21% to $0.057617, WIF climbed 13% to $1.58, and BONK gained 7.78% to $0.0000178. ORDI, SATS, and SUNDOG clearly outperformed the top five meme coins by market cap.

Meme coins on the Solana blockchain, POPCAT (POPCAT) and BOOK OF MEME (BOME) also turned bullish, jumping 10.3% and 9.5%, respectively and are trading at $0.5941 and $0.006199. 

Top meme coins on Tron, with the exception of SUNDOG, were in the red. Tron Bull (BULL) fell 5.2%, Invest Zone (IVFUN) dropped 8.4%, MUNCAT (MUNCAT) crashed 15%, and Suncat (SUNCAT) lost 3.2% in value. However, Tron Cat (TCAT), another meme coin on the Tron blockchain, saw a remarkable 46.5% increase in the past 24 hours, reaching $0.00282.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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