Solana, Ethereum Meme Coin Prices Blast Off as Bitcoin Stays Steady After Halving

The latest Dog-themed coins are the biggest winners so far this weekend, with the While BONK has seen the largest swing so far among the top 100 coins by market cap, other pup-centric meme coins on Other hot meme coins at the moment include Ethereum’s PEPE, Ethereum and Solana meme coin traders may be returning to familiar, established meme coins while other traders explore the new frontier of tokens minted There’s been immense hype around Runes as project creators The most-traded Runes token over the last 24 hours, per OKX, is Satoshi Nakamoto, aptly named after the pseudonymous inventor of Bitcoin. The token has about $2.7 million worth of trading volume during that span, with a market cap of $136 million and a price of approximately $6.50 worth of Bitcoin.That kind of market cap wouldn’t put the Satoshi Nakamoto token anywhere near the top 100 overall cryptocurrencies by market cap, per Bitcoin itself has failed to generate much short-term momentum after the halving. It’s up about 1.5% on the day to a current price just below $65,000, and at most has only climbed to about a 3% gain since the Friday night event.But historically, Bitcoin’s biggest post-halving gains come several months later as the effects of the slowing supply increase start to be felt across the ecosystem.Besides, this has been a unique cycle in that Bitcoin actually set a new all-time high price in March, breaking its 2021 peak DisclaimerThe views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.