Bitcoin, Solana Slip as Meme Coins Surge 419% in Market Rotation

Bitcoin, Solana Slip as Meme Coins Surge 419% in Market Rotation

N
News Editor 01
2026-07-23 16:20:16
Bitcoin dropped to $79,796, Solana fell 3.9%, while low-cap meme tokens like Playnance skyrocketed 419%, highlighting a sharp risk shift among crypto traders.
BitcoinSolanaMeme CoinsPlaynanceQuack AI

Crypto markets saw a stark divergence on Thursday: major coins edged lower while a wave of low-cap meme and AI tokens posted explosive gains. Bitcoin (BTC) lost 1.5% to trade at $79,796, while Ethereum (ETH) also slipped 1.5% to around $2,267.

XRP declined 1.4% to $1.43, though daily volume stayed above $2.2 billion. Solana (SOL) recorded the steepest drop among top assets, falling 3.9% to $91.41. BNB slipped 0.9% to $670. On the flip side, TRON (TRX) edged up 0.3% and Dogecoin (DOGE) rose 2.5%, outperforming the broader market.

Playnance Leads Meme Token Rally with 419.6% Surge

Capital rotated aggressively into speculative assets. Playnance (GCOIN) skyrocketed 419.6% with volume surpassing $817,000. Quack AI (Q) gained 37%, Kishu Inu (KISHU) climbed 34.2%, and Bityuan (BTY) added 30.3%. Unitas (UP) rose 25.5%, TROLL (TROLL) up 24.3%, Swarm Network (TRUTH) 23.7%, and XYO Network (XYO) 22.4%.

Bitcoin Volume Remains High Despite Price Dip

Trading activity in major coins stayed elevated. Bitcoin saw over $45.5 billion in daily volume, while Ethereum processed more than $14.5 billion. Thursday's session highlighted a clear divide: large-cap cryptocurrencies under pressure while traders chased short-term gains in meme and AI tokens.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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