The post WUFFI and KLAUS pump nearly 50% as global crypto market cap drops over 1.4% appeared on BitcoinEthereumNews.com.

Amidst the bearish crypto market conditions, Wuffi emerges as the top gainer with a 50% surge in the last 24 hours. The overall crypto market cap nosedived by almost 1.4% in the last 24 hours. As per CoinGecko, the global crypto market cap stands at $2.38 billion at press time. Bitcoin (BTC) and Ethereum (ETH) are showing no signs of movement in this timeframe. Bitcoin is down by over 2.1% in the last seven days, and Ethereum is down by almost 7% during this period. However, amidst this bearish outlook, few meme coins are outpacing the overall market conditions. One notable meme coin called Wuffi (WUF) has 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 has reached a market cap of $103 million, as the coin has surged from a 24 hour low of $0.00000008106 to as high as $0.0000001233. The coin is trading in the green territory when it comes to its price performance in the last 30 days with its 130% surge. Source: Chart from CoinGecko One of the most logical reasons for this pump is the latest initiative by the WUFFI team. The team has recently burned a total of 317 billion WUF. The project’s X account has closed to 700k community members who have likely noticed this initiative. This decision has likely ended up being positive, which is 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 — WUFFI! (@WUFFI_Inu) October 23, 2024 KLAUS and STFC pump…

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Filed under: News - @ October 27, 2024 5:21 pm