GOUT price is up over 70% as Ethereum shows signs of reclaiming the $4,000 mark.
According to CoinGecko data, the price of GOUT has risen from a 24-hour low of $0.0003233 to as high as $0.0005573 at press time.
The price of the meme coin has also increased by over 140% in the last seven days.
Aside from the general volatility of meme coins, GOUT released its independent research and development platform, which could have increased the price.
Additionally, GOUT was the first project selected by the BNB chain for its daily 33 BNB meme coin airdrop.
The meme coin project was also active donatewith one of the most recent donations benefiting stray dog families around the world.
Stacks and MAD trends on CMC
Stacks has become the second best gainer among the top 100 altcoins. The coin price has risen from $2.17 to as high as $2.45 in the last 24 hours.
Stacks has announced that next week they will unlock Stacks BTC where users can get free Bitcoin (BTC) rewards. Additionally, they announced five days of sBTC giveaways and a partnership with Hex Trust.
Another Solana (SOL)-based meme coin, MAD, is trending on CMC. One of the visible reasons for the coin’s expanded visibility is most likely Gate.io’s recent trading competition. The exchange had announced a prize pool of MAD 36,000 for its trading competition.
The meme coin was also recently listed on the Phemex exchange. MAD has not recorded any major price change in the last 24 hours. However, it is up almost 20% in the last seven days.
The rise in value of these coins comes as BTC reclaimed the $103,000 mark and Ethereum (ETH) is approaching the $4,000 mark.
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