Giko Cat, Sudeng and inSure DeFi Emerged as the Top Gainers in the Last 24 Hours With a Double-Digit Surge
- Patricia ArquetteOriginal
- 2024-10-07 03:52:09398browse
CoinGecko data shows that while top coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% surge after the recent dump
Top Gainers: Giko Cat, Sudeng, InSure DeFi Coin as Meme Coins Take Over
CoinGecko data showed that while top coins like Ethereum (ETH) and Solana (SOL) are recovering with a 1-3% surge after the recent dump, some meme coins pulled off double-digit gains.
Cat-themed meme coin Giko Cat (GIKO) is up by 52% in the last 24 hours. It is the largest gainer as per CoinGecko’s top gainers list during this period.
The coin has a market cap of $63 million. GIKO’s surge can be attributed to the popularity of cat-inspired meme coins, which is led by Popcat (POPCAT).
GIKO is up by over 280% in the last seven days and up 2,100% in the last 30 days. This notable surge happened amidst the highly volatile market conditions.
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 has surged from its seven-day low of $0.00203.
Even though its 24-hour pump is commendable, the meme coin is down by over 35% in the last 30 days.
Unlike GIKO, InSure DeFi is not a meme coin and is part of a crypto and RWA portfolio insurance ecosystem.
However, the exact reason for the surge of InSure is not clear as there haven’t been any notable development announcements in the last 24 hours.
Sudeng bags the third position
Sudeng (HIPPO) is another spin-off token inspired by the Moo Deng hippopotamus. According to CoinGecko, HIPPO is the third-largest gainer in the last 24 hours.
Amid the not-so-bullish market conditions, this meme coin has managed to surge by over 36%. HIPPO has gained investor attention as analysts are shilling the coin all over X.
With the meme coin now standing at a $169 million market cap, analysts speculate that $200 million could be next.
A few days ago I was dreaming about $HIPPO breaking 100mil
Now I am dreaming about it breaking 200mil, as it's already at 160mil ? https://t.co/NhnakADlZm pic.twitter.com/9efZZ7fVgJ
However, the meme coins can quickly reverse course and wipe off all the gains in just a day.
Moo Deng (MOODENG) is a prime example, as the meme coin lost over 40% in the last seven days after a notable surge.
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