$BILLY Memecoin Sees Rapid Growth, Peaks at $75 Million Market Cap, Then Declines 50%

$BILLY, a memecoin on the Runes blockchain, has shown significant growth since its inception four weeks ago. It has broken through the $5 million market cap and is currently hovering around $50 million. Despite lower trading volumes in the past 48 hours, with only $BILLY, Dog, and Runecoin doing over 1 BTC of volume on ME, $BILLY has managed to sustain its upward trajectory, indicating strong market confidence. The coin has amassed over 5,000 holders and is considered by some as the best risk-reward option among memecoins. $BILLY's market cap peaked at $75 million before experiencing a 50% decline. The coin's rapid growth from a $400,000 market cap to its current valuation highlights its potential in the memecoin market.