Solana’s 10 largest meme coins by market cap are all showing gains in the last 24 hours, according to data aggregator CoinGecko. While Bitcoin (BTC) and major altcoins wobble, tokens such as POPCAT and MANEKI soar by two digits.The Chairman of the Federal Reserve, Jerome Powell, announced today that there will be no more interest rate cuts until inflation shows stronger signs of going back to 2%. This means that risk assets, such as stocks and crypto, will still be less favorable than US Treasuries. At the time of writing, BTC had fallen 2.7% over the past hour.
Despite this, MANEKI has shown significant 38% growth in the last 24 hours, while POPCAT shot up 24.8% in the same period. Other cat-themed coins with positive performances are MEW and WEN, rising 3% and 6.5% respectively.
