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Solana Meme Coin MYRO Flips PEPE In 24-Hour Volume, Price Soars 65% – Crypto News

Published

3 years ago

January 18, 2024

Dripp

The Solana-based meme coin, MYRO has gained notable traction from the crypto market enthusiasts, surpassing the well-known Pepe Coin in 24-hour trading volume. As of Thursday, January 18, MYRO’s trading volume reached an impressive $98 million, soaring above Pepe Coin’s $77 million.

Notably, this sudden surge is coupled with a substantial price increase of over 65%, underlining MYRO’s growing popularity in the meme coin sector.

MYRO Dethrones Pepe Coin In Trading Volume

MYRO’s ascent to the top of the Solana meme coin charts has been swift and dramatic, with its 24-hour trading volume eclipsing that of Pepe Coin. Meanwhile, the MYRO crypto has seen a remarkable 65% increase in its price, sparking enthusiasm among crypto enthusiasts.

Notably, the surge comes amid a time when the Solana-based meme coins seem to be gaining attention from traders. Popcat, MYRO, and dogwifhat (WIF) have emerged as frontrunners in the Solana meme coin list, reflecting a shift in market dynamics.

Meanwhile, the performance of MYRO can be attributed, in part, to ByBit’s strategic move. The announcement of listing the MYRO/USDT pair on ByBit’s platform seems to have contributed to the coin’s recent rally.

For context, ByBit’s press release on January 18 outlines the listing timeline, with MYRO deposits opening on the same day, listing scheduled for January 19, and withdrawals becoming available on January 20, all via the Solana network.

Also Read: Binance Delists BTC, ETH, BNB Spot Trading Pairs But Here’s The Catch

Price Movements Amid Listing Announcement

The price surge, as already mentioned, comes in tandem with the listing announcement of ByBit, a popular crypto exchange. In other words, ByBit’s decision to list MYRO on its platform has added a new dimension to MYRO’s trajectory.

Notably, the announcement comes with an enticing event – a Token Splash where users can earn a share of an 800,000 MYRO Prize Pool. In addition, new users stand a chance to grab a portion of 700,000 MYRO by signing up on Bybit, completing identity verification, and making a deposit or buying MYRO. Simultaneously, existing users also have an opportunity to earn 40 MYRO by accumulating a deposit volume during the event period.

Meanwhile, the MYRO price was up 67.29% as of writing on Thursday, and traded at $0.2352, while its trading volume over the last 24 hours jumped 101.07% to $98.16 million. In contrast, the Pepe Coin price dropped 2.89% to $0.000001188 as of writing, and its trading volume rose 11.62% to $77.11 million.

Notably, the meme coin MYRO has touched a high of $0.2464 and a low of $0.1424 in the last 24 hours, reflecting the volatile nature of the cryptos.

Also Read: BlackRock, Fidelity, Bitwise Lead In $3 Billion Total Spot Bitcoin ETF Inflow