Memecoin DINO Gains 41% in 24 Hours, Extends 7-Day Rally
Dinosol (DINO) has gained 40.72% over the last 24 hours despite negative sentiment in the cryptocurrency market on Thursday, extending a 7-day rally of +154.8%.
In the last 30 days, the memecoin has gained 743.4%—outperforming the broader crypto market, which fell -2.47% in the same period.
The meme coin is hovering at $0.001428 at the time of writing over tight supply and bargain hunting. DINO trading volume has increased by about 112% in the last 24 hours to $4.12 million.
The Dinosol team executed multiple buybacks and burns, removing approximately 134 million DINO, which is 13.4% of total supply in December.
The strategic move to reduce supply while demand rises creates upward price swings that has lifted its market value sharply since year end.
With a circulating supply of 1B tokens, each burn directly increases scarcity, especially in low-cap assets. The 24h volume-to-market-cap ratio of 2.89 signals high liquidity, allowing price moves to be sustained.
Meme coins thrive on viral attention, and DINO’s burn mechanism differentiates it from peers. However, reliance on social trends makes it vulnerable to sentiment shifts. The 24h trading volume surge (+110.65%) aligns with retail-driven pumps.
Crypto analysts said DINO’s surge reflects a combination of deflationary tokenomics, meme-driven speculation, and technical momentum. While burns provide fundamental support, the asset remains high-risk due to its reliance on social trends. Zcash Tops Cryptocurrency Performers, Gains 652% YTD
