Billy (BillySolana (SOL), a dog-themed coin on the blockchain, has surged over 44% in value in the past 24 hours.
This rise is a continuation of the amazing performance achieved by the currency after its listing on several major cryptocurrency exchange platforms in June.
According to the Daily HoddleBILLY has seen a significant surge in value since exchanges like Bittrue, Bitget, MEXC, and Gate.io announced their support for the asset earlier this week.
On July 5, BILLY was trading at $0.1659, a 36% increase from the previous day. Just a few days ago, on June 26, BILLY was worth just $0.0286.
At the time of writing, CoinGecko pegged the price of the meme coin, which was launched in June and features a puppy as its mascot, at $0.1862. It is up 44.7% from its levels on July 5, bringing BILLY’s market cap to $189.5 million.
The coin has surged by 254% in the past two weeks since its launch, with similarly strong gains recorded over different time frames. For example, in the past seven days, BILLY’s price has risen by more than 192%, meaning it has outperformed the global cryptocurrency market, which has fallen by 7.40%.
Furthermore, BILLY continued to outperform other well-known tokens in its category, as the broader meme market registered a 10.80% decline, according to CoinGecko.
After seeing significant declines, assets like Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and dogwifhat (WIF) have also turned green in the last 24 hours. Dogecoin is up 9.8% at the time of writing, while Shiba Inu is also up 14.7%.
Bonk, for its part, saw a 10% surge, accompanied by a 24-hour trading volume of $397 million. WIF performed the best among the major meme coins, jumping 16.4% in a single day to trade at $1.64.
However, over the course of 30 days, most of these meme coins lost significant amounts of their value while BILLY gained in value. For example, Bonk lost over 32% of its price in that period, while dogwifhat dropped by 40.6%. Shiba Inu lost over 38% of its value, while Dogecoin dropped by 33%.