Amid the bearish crypto market conditions, Wuffi emerges as the main gainer with a 50% surge in the last 24 hours.
The overall crypto market cap fell by almost 1.4% in the last 24 hours. According to CoinGecko, the global crypto market cap stands at $2.38 billion at press time.
Bitcoin (BTC) and Ethereum (ETH) show no signs of movement during this period. Bitcoin is down more than 2.1% over the past seven days and Ethereum is down almost 7% over that time.
However, amid this bearish outlook, few coins even outperform overall market conditions. A notable meme coin called Wuffi (WUF) surged more than 50% in the last 24 hours, gaining the top spot on CoinGecko.
WUFFI jumps 50% as team burns 317 billion WUF
WUFFI reached a market cap of $103 million, as the coin rose from a 24-hour low of $0.00000008106 to $0.0000001233.
The coin is trading in the green territory regarding its price action over the last 30 days with an increase of 130%.
One of the most logical reasons for this pump is the latest initiative from the WUFFI team. The team recently burned a total of 317 billion WUF.
The project’s X account is closed to 700,000 community members who probably noticed this initiative. This move probably ended up being a positive one, as evidenced by his recent pomp.
KLAUS and STFC pump close to 50%
A meme coin called Klaus (KLAUS) has gained the position of second biggest gainer on CoinGecko. The coin surged by almost 49%, reaching the $0.0269 price level.
Klaus has a low market cap of $26.7 million. The exact reason for Klaus’s price increase is unclear.
However, their team announced that they had reached 6,000 Klaus holders yesterday.
STFX is right behind KLAUS with its 46% pump. The coin rose from a 24-hour low of $0.02884 to a high of $0.04254.
The coin has also increased by over 580% in the last 30 days. The project had announced that it would officially move to Solana (SOL) soon. Additionally, they mentioned that they were in the final stages of a complete rebuild of their dApp.
STFX said they are seeing exponential growth on Solana, which is the main reason for their transition.
