$BODEN Memecoin Hits $670M ATH, Reclaims $600M Cap, Flips $MEME

The Solana-based memecoin $BODEN, also known by its Twitter handle @boden4pres, achieved a new all-time high (ATH) with a market capitalization surpassing $670 million and later reclaimed a $600M market cap. This significant milestone was reported by DegenerateNews, highlighting the coin's growing popularity within the cryptocurrency community. In a related development, $BODEN managed to outpace its Ethereum-based counterpart, $MEME, in terms of market cap, as noted in tweets from both DegenerateNews and SolanaFloor. This flipping event underscores the competitive dynamics between Solana and Ethereum-based tokens. Additionally, another Solana memecoin, $WIF (@dogwifcoin), also made headlines by surpassing the market cap of Ethereum's Layer 2 solution $ARB (@arbitrum) and flipping @0xPolygon in 24-hour on-chain volume. Gemini Derivatives further boosted $WIF's profile by listing its perpetual contract. Amid these developments, a trader's success story was shared by lookonchain, where an investment of 3,100 $SOL ($530K) in $BODEN turned into 23,758 $SOL ($4.06M), showcasing the lucrative potential of trading these memecoins.