In a largely bearish cryptocurrency market, Wuffi (WUF) has emerged as a standout performer, posting a remarkable 50% increase over the past 24 hours.
Despite a nearly 1.4% drop in the overall crypto market cap—now at $2.38 billion according to CoinGecko—major cryptocurrencies like Bitcoin and Ethereum have shown little movement. Bitcoin has decreased by over 2.1% in the past week, while Ethereum has fallen nearly 7%.
Against this backdrop, Wuffi has surged significantly, climbing from a 24-hour low of $0.00000008106 to a peak of $0.0000001233, resulting in a market cap of $103 million. The coin has also gained 130% in the last 30 days, indicating strong upward momentum.
A key factor behind Wuffi’s price spike is the recent decision by its team to burn 317 billion WUF tokens. This move has reportedly resonated with the community, which has grown to nearly 700,000 followers on social media.
Wuffi isn’t the only meme coin benefiting from this trend. Klaus (KLAUS) has also gained traction, increasing by nearly 49% to reach a price of $0.0269. The exact cause of Klaus’s rise remains unclear, but the team recently announced they now have 6,000 holders.
Another notable performer, STFX, has surged by 46%, rising from a low of $0.02884 to a high of $0.04254. This coin has experienced a staggering 580% increase over the past 30 days, partly attributed to the announcement of its transition to the Solana blockchain and a significant rebuild of its decentralized application (dApp). STFX’s team has highlighted the rapid growth occurring on Solana as a key reason for this strategic shift.
Related Topics:
