Solana memecoin $MOTHER reclaims $100M market cap
cryptopolitan.com 25 September 2024 20:07, UTC
Solana meme coin, Mother Iggy (MOTHER) has reclaimed $100 million market cap, which was last tapped on 27th July.
Since then, MOTHER/SOL had dipped lower and consolidated throughout the month of August, until 8th September when it started surging again. As Solana is touching $152 again at press time, many other previously established meme coins are expected to pump.
As such, it appears that MOTHER is on its road to recovery, with its all-time high at $258 million. It is probably the only celebrity meme coin from this cycle that has performed well, as compared to others like DAVIDO, HULK, and FLOCKA that were alleged as slow rugs.