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Cat-themed Catana and horse-themed Cheyenne surge over 250% amidst the renewed market pump.
Relatively new meme coins Catana and Cheyenne exhibited triple-digit pumps in the last 24 hours. This move has helped these meme coins earn the position of the top two gainers on CoinGecko.
Catana price has seen a 270% pump from a 24-hour low of $0.008634 to as high as $0.03586. The exact reason for the surge is unclear.
The Catana meme coin — launched on the Solana (SOL) blockchain — was abandoned by its original deployer shortly after release.
It has since been revived by its fans, emphasizing the cultural appeal of cat-related memes and a unique anti-whale mechanism to ensure fair trading
It could be the overall surge in the crypto market cap and the pump of the price of Solana. Catana has also been quite active on X but hasn’t worked on any developments that could have triggered the pump.
Horse-themed Cheyenne up by 250%
Bagging the second place as the top gainer, Cheyenne has seen its price go up by 250% in the last 24 hours. The price has surged from a low of $0.007521 to as high as $0.04718.
BitMart’s announcement that it would soon list Cheyenne on the exchange is one possible reason for the surge. This surge has pushed the market cap of Cheyenne to well over $43.9 million.
Ripple reclaims $1
While the above meme coins are relatively new, when it comes to the top 10 coins, Ripple (XRP) stands tall with its nearly 30% pump.
XRP has been on a positive pump since Donald Trump was re-elected U.S. President, which coincided with hints that SEC Chair Gary Gensler would resign.
The surge also follows a lengthy lawsuit by a group of state attorneys general against the SEC.
The lawsuit alleged the commission of unconstitutional overreach and was filed in the U.S. District Court for the Eastern District of Kentucky.
Following this, the price of XRP has surged as high as $1.22 from $0.8701. XRP is currently hovering around the $1.15 level.
This article first appeared at crypto.news
