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

Giko Cat, Sudeng and inSure DeFi were the top gainers in the last 24 hours, with double-digit increases.

CoinGecko data shows that top coins like Ethereum (ETH) and Solana (SOL) are recovering from the recent decline with a 1-3% gain, while some meme coins are posting double-digit gains.

Cat-themed meme coin Giko Cat (GIKO) is up 52% ​​in the last 24 hours. During this period, he became the biggest gainer according to CoinGecko’s top earners list.

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

GIKO has increased by over 280% in the last seven days and by 2,100% in the last 30 days. This significant increase occurred amidst highly volatile market conditions.

Source: CoinGecko InSure DeFi increased by 40%

InSure DeFi (SURE) ranks second on the list with an increase of 40%. The cryptocurrency, traded at $0.003166, rose from its seven-day low of $0.00203.

While its 24-hour pump is commendable, meme coin has fallen over 35% in the last 30 days.

Source: CoinGecko

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

However, the exact reason for the increase in InSure is unclear as no significant developments have been announced in the last 24 hours.

Sudeng took third place

Sudeng (HIPPO) is another spinoff token inspired by the Moo Deng hippo. According to CoinGecko, HIPPO became the third highest-earning company in the last 24 hours.

Source: CoinGecko

Amid non-bullish market conditions, this meme coin managed to surge over 36%. HIPPO has caught the attention of investors as analysts are putting money all over X.

While the meme coin currently has a market cap of $169 million, analysts predict that the next step could be $200 million.

But meme coins can quickly reverse course and wipe out all gains in just a day.

Moo Deng (MOODENG) is the best example of this; After a significant rise, meme coin has lost over 40% in the last seven days.