Key Points
- Wuffi (WUF) has surged by 50% in the last 24 hours, outperforming the bearish crypto market.
- Other meme coins such as Klaus (KLAUS) and STFX also experienced significant price increases.
Despite the bearish environment in the crypto market, Wuffi (WUF) has managed to rise by 50% in the past 24 hours.
The global crypto market cap has fallen by approximately 1.4% in the same period, standing at $2.38 billion currently.
Performance of Bitcoin and Ethereum
Bitcoin (BTC) and Ethereum (ETH) have shown no significant movement. Bitcoin has dropped by over 2.1% in the last week, while Ethereum has fallen by nearly 7%.
However, some meme coins, such as Wuffi, have been able to defy the overall market trend. Wuffi has seen a substantial increase of over 50% in the past 24 hours.
WUFFI’s Market Performance
WUFFI has achieved a market cap of $103 million as its price surged from a 24-hour low of $0.00000008106 to a high of $0.0000001233. The coin’s price performance over the past 30 days has been positive, with a 130% increase.
The WUFFI team has recently burned a total of 317 billion WUF, which is likely one of the reasons for the coin’s price pump. The project’s community members, which are close to 700k, have likely noticed this initiative.
KLAUS and STFC’s Market Performance
Klaus (KLAUS), another meme coin, has also performed well, becoming the second-largest gainer on CoinGecko with a nearly 49% surge, reaching a price of $0.0269. The exact cause of Klaus’ price surge is not clear, but the team announced that they reached 6,000 Klaus holders recently.
STFX is also performing well, with a 46% increase. The coin’s price has surged from a 24-hour low of $0.02884 to a high of $0.04254. Over the past 30 days, the coin has increased by over 580%. The project announced that they are moving to Solana (SOL) soon and are in the final stages of a full rebuild of their dApp.
STFX stated that their decision to transition is due to the exponential growth they are observing on Solana.