With the revival of the Solana ecosystem DeFi, meme coins lead the cryptocurrency rebound

ChainCatcher news, according to The Block, after a market decline this Monday, Memecoins have started to rebound significantly, with the market capitalization of Solana-based Meme coins and cat-themed Meme coins showing notable growth in the past 24 hours.

According to Coingecko data, the market capitalization of Solana-based Meme coins is currently $7.3 billion, having increased by 35.2% in the past 24 hours. Meanwhile, the market capitalization of cat-themed Meme coins has risen to $2.43 billion, growing by 41.8%.

Among them, Dogwifhat is up 26%, Popcat is up 35%, Michi is up 30%, and Dogecoin, Shiba Inu, and PEPE have also increased by 3.9%, 2.6%, and 6.89%, respectively.