Wuffi (WUF) Jumps 50% as Team Burns 317 Billion WUF, Becomes Top Gainer on CoinGecko

Amidst the bearish crypto market conditions, Wuffi emerges as the top gainer with a 50% surge in the last 24 hours.

The bear market continues in the crypto space, with the overall market cap decreasing by nearly 1.4% over the past 24 hours. According to CoinGecko, the global crypto market cap currently stands at $2.38 billion.

Bitcoin (BTC) and Ethereum (ETH) both experienced minimal price movements during this timeframe. BTC is down by over 2.1% in the last seven days, while ETH is down by almost 7% during this period.

Despite the bearish outlook, a few meme coins outperformed the overall market conditions. Notably, Wuffi (WUF) surged by over 50% in the last 24 hours, earning the top gainer spot on CoinGecko.

WUFFI Jumps 50% as Team Burns 317 Billion WUF

WUFFI attained a market cap of $103 million, surging from a 24 hour low of $0.00000008106 to as high as $0.0000001233.

The token is up for grabs in the green territory when it comes to its price performance in the last 30 days with its 130% surge.

One logical explanation for this pump could be the latest initiative by the WUFFI team. The team recently burned a total of 317 billion WUF.

The project’s X account has closed to 700k community members who might have noticed this initiative. This decision seems to have paid off positively, as evidenced by its recent pump.

Massive $WUF Burn Completed! 🔥

You asked for it, and we delivered!

Today, we burned 168B+ $WUF from our buyback with $TON from WuffiTap & YouTube ad revenue!

Plus, another 149B+ $WUF in unclaimed S1 rewards—gone for good!

Who's ready for the NEXT burn? pic.twitter.com/jWKPVx4XYh

KLAUS and STFC Pump Close to 50%

A meme coin called Klaus (KLAUS) earned the position of the second-largest gainer on CoinGecko. The coin surged by almost 49%, hitting the price level of $0.0269.

Klaus has a low market cap of $26.7 million. The exact reason for the surge in Klaus’ price is unclear.

However, their team did announce that they hit 6,000 Klaus holders yesterday.

6,000 $KLAUS holders. Greatest community in memes pic.twitter.com/MMyujVPwdx

STFX is close behind KLAUS with its 46% pump. The coin surged from a 24-hour low of $0.02884 to a high of $0.04254.

The coin is also up by over 580% in the last 30 days. The project announced that they are officially moving to Solana (SOL) soon. They also mentioned that they are in the final stages of a full rebuild of their dApp.

$STFX is officially moving to @solana (soon!)

We are in the final stages of a full rebuild of the dApp, and will soon be joining you all in the trenches 💪

But why the big move Solana? Lets take a look 👇 pic.twitter.com/EFKDMpv6w9

STFX stated that they are seeing exponential growth on Solana, which is the primary reason for their transition.