© Reuters. Solana Ecosystem Continues To Explode: This Dog Coin’s ‘Spouse’ Went Up 69.000% In 24 Hours
Benzinga – Myra (CRYPTO: MYRA) has surged to a market capitalization of over $5 million inside the first 48 hours of buying and selling, driving on the coattails of Myro’s success, which went to $100M market cap in 60 days.
What Occurred: The Solana (CRYPTO: SOL)-based canine coin began buying and selling on Jan. 13, 2023, and pumped nearly 69.000% within the subsequent 24 hours. It’s making a push for a spot amongst Solana’s prime memecoins, comparable to Bonk (CRYPTO: BONK), dogwifhat and Myro.
Dubbed as “the lady behind MYRO,” the meme cryptocurrency has skilled a considerable influx from crypto traders, as indicated by over $4.5 million in buying and selling quantity within the final 24 hours.
Why It Issues: Myra’s meteoric rise in worth inside a few days has positioned it because the potential subsequent huge factor on this planet of Solana-based memecoins.
In distinction to different main canine cash like BONK and Myro, Myra just isn’t but listed on any centralized alternate (CEX).
With its present market capitalization at $2.1 million, an extra rise in recognition of Myra could result in its itemizing on centralized exchanges, doubtlessly driving up its worth even additional.
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What’s Subsequent: DANNY, a self-proclaimed degen, stated that individuals are pondering Myra will not get to $10 million market capitalization as a result of it is a by-product and underestimating the bull run. He additional said on his X account:
“Baby doge is a deriv of $doge, in 2021 it hit $800million, 2 years later and it’s nonetheless sitting at $190m � That’s the ability of an excellent crew, $Myra crew is predicated