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In just a day, Solana Meme Coin MYRO flips PEPE, sending its price soaring by 65%.

In just a day, Solana Meme Coin MYRO flips PEPE, sending its price soaring by 65%.

Jan 18 Tech Standard

MYRO, a meme coin headquartered on Solana, has acquired significant interest among cryptocurrency market fans and has surpassed Pepe Coin in terms of 24-hour trading volume. MYRO's trading volume as of Thursday, January 18, surpassed Pepe Coin's $77 million, with an astonishing $98 million.

Notably, this abrupt spike coincides with a significant price increase of more than 65%, highlighting MYRO's rising prominence in the meme currency market.

Pepe Coin Loses To MYRO In Trading Volume

With a 24-hour trading volume that surpasses Pepe currency's, MYRO has risen quickly and dramatically to the top of the Solana meme currency charts. Meanwhile, the price of the MYRO cryptocurrency has increased by an astounding 65%, igniting excitement among aficionados.

Notably, the spike occurs at a moment when traders appear to be becoming more interested in the meme coins headquartered in Solana. According to the Solana meme coin list, Popcat, MYRO, and dogwifhat (WIF) have become the leaders, indicating a change in the dynamics of the market.

In the meantime, ByBit's calculated move can be partially blamed for MYRO's performance. The recent increase in the coin's value appears to have been influenced by the news that the MYRO/USDT pair would now be listed on ByBit's platform.

For background, ByBit sent a press statement on January 18 outlining the listing timeline. The release states that MYRO deposits will open on the same day, January 19 is the listing day, and on January 20 withdrawals will be possible through the Solana network.

Changes in Price During Listing Announcement

As previously noted, the announcement of ByBit's IPO coincides with the price increase. ByBit is a well-known cryptocurrency exchange. Put differently, MYRO's trajectory has taken on a new dimension as a result of ByBit's decision to put MYRO on its platform.

Interestingly, there is an alluring event in conjunction with the announcement: a Token Splash, where users may win a piece of the 800,000 MYRO Prize Pool. Additionally, by creating an account on Bybit, completing identification verification, and making a deposit or purchasing MYRO, new users have the opportunity to obtain a piece of 700,000 MYRO. In addition, current customers can earn 40 MYRO concurrently by building up a deposit volume during the event duration.

Meanwhile, the MYRO price was up 67.29% as of writing on Thursday, and traded at $0.2352, while its trading volume over the last 24 hours jumped 101.07% to $98.16 million. In contrast, the Pepe Coin price dropped 2.89% to $0.000001188 as of writing, and its trading volume rose 11.62% to $77.11 million.

Notably, the meme coin MYRO has touched a high of $0.2464 and a low of $0.1424 in the last 24 hours, reflecting the volatile nature of the cryptos.

 

Vikas Sharma

Vikas | Life In Mountains 🏔️ | Traveller 🏕️ | Blogger Digital creator Welcome to my raw Mountain Journey. 📍Uttarakhand,India 🌟 Inspired by nature and mountains 💎 Founder: Froomzy, ooohmyblog, CodeRush, BlockChain Proposals https://www.froomzy.com/ https://proposals.anzali.io/

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