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Home»DeFi»Giko Cat, inSure DeFi and Sudeng coins post double-digit gains as Solana struggles
DeFi

Giko Cat, inSure DeFi and Sudeng coins post double-digit gains as Solana struggles

October 7, 2024No Comments2 Mins Read
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Giko Cat, Sudeng and inSure DeFi emerged as the biggest gainers over the past 24 hours with a double-digit surge.

Data from CoinGecko shows that while major coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% rise after the recent decline, some meme coins have made double-digit gains.

The cat-themed meme coin, Giko Cat (GIKO), is up 52% ​​in the last 24 hours. This is the biggest gainer according to CoinGecko’s top gainers list during this period.

The coin has a market capitalization of $63 million. The rise of GIKO can be attributed to the popularity of cat-inspired meme coins, led by Popcat (POPCAT).

GIKO is up over 280% in the past seven days and 2,100% in the past 30 days. This notable increase occurred in a very volatile market context.

Giko Cat, inSure DeFi, and Sudeng Coins Post Double-Digit Gains as Solana Struggles – 1
Source: CoinGecko

InSure DeFi pumps 40%

InSure DeFi (SURE) is second on the list as the top gainer with its 40% surge. Trading at $0.003166, the coin surged from its seven-day low of $0.00203.

While its 24-hour pump is commendable, the meme coin is down over 35% in the past 30 days.

Giko Cat, inSure DeFi, and Sudeng Coins Post Double-Digit Gains as Solana Struggles – 2
Source: CoinGecko

Unlike GIKO, InSure DeFi is not a coin and is part of a crypto wallet insurance and RWA ecosystem.

However, the exact reason for InSure’s rise is unclear as there have been no notable development announcements in the past 24 hours.

Sudeng wins third position

Sudeng (HIPPO) is another derivative token inspired by the hippo Moo Deng. According to CoinGecko, HIPPO is the third biggest gainer in the last 24 hours.

Giko Cat, inSure DeFi, and Sudeng Coins Post Double-Digit Gains as Solana Struggles – 3
Source: CoinGecko

In not-so-optimistic market conditions, this meme coin managed to rise by over 36%. HIPPO has caught the attention of investors as analysts shill the coin all over X.

With a market cap of $169 million, analysts think $200 million could be next.

However, meme coins can quickly reverse the trend and erase all gains in a single day.

Moo Deng (MOODENG) is a great example of this, as the meme coin has lost over 40% in the past seven days after a notable rally.





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