Memecoins
Coins for dog, frog, seal or sloth
Last updated: May 3, 2024, 10:37 a.m. EDT | 5 minutes of reading
Source: Midterm
Meme coins are expected to experience a renaissance in the coming months. Although their detractors consider them flash phenomena, many coin projects have proven their worth over the years and have become the closest thing to “safe money” for the notoriously volatile crypto industry.
The number one contender right now is Faithful Dad Dogecoin. $DOGE is a cryptocurrency that claims to be both the first meme coin and the first dog coin.
Launched in 2013, Dogecoin creators Billy Markus and Jackson Palmer initially created it to satirize the minting frenzy. For the two nocoiners, it was a cynical opening, but they weren’t betting that crypto fans would like it.
People saw it as a symbol of crypto’s fun and irreverence as well as its viral appeal and loyally supported it for over a decade to help it become the ninth largest cryptocurrency with a market capitalization of almost $20 billion. He also enjoys the support of a wide range of celebrities, including Elon Musk, Snoop Dogg, Gene Simmons and Mark Cuban.
But the big question is: Can Dogecoin move from a current price of $0.1317 to $1? The simplest answer is “not anytime soon.”
It also appears that the reign of dog coins is over. Several new species have entered the market with viral appeal. This list will look at the four largest coin species right now to see which projects have what it takes to hit $1 in 2024.
Will Dogecoin reach $1?
DOGE came close. Two years ago, at the height of the Bitcoin bull run, Dogecoin set an all-time high of $0.7316. However, there is reason to believe that this price has been significantly overvalued by the market. Since then, Dogecoin has lost a lot of value, while Bitcoin has reached new all-time highs this year.
It would take another bull run or new use case for Dogecoin in order to push the asset up to a dollar. Regarding the former, many analysts say a rise is imminent now that Bitcoin has completed its fourth quadrennial halving.
Dogecoin is the people’s crypto
– Elon Musk (@elonmusk) February 4, 2021
The halving was a predetermined software update made on April 20 that cut mining rewards in half. Since this has limited the amount of Bitcoin coming onto the open market, it is possible that there will be another bull run in the coming months. Others have argued that the halving was factored in at that time.
And when it comes to the underlying technology, Dogecoin is quite old. Like Bitcoin, it uses a proof-of-work consensus mechanism, whereby miners with the most computing and power resources mine the most $DOGE. Due to the limitations of Dogecoin’s smart contracts, it can’t really boast an ecosystem either.
This means that among conscientious investors, it is likely to take a back seat to more useful or energy-efficient coins like Shiba Inu (SHIB), Dogecoin20 (DOGE$20) and Dogevers ($WORLDDOG).
What about frogs and sloths?
Pepe’s piece ($PEPE) is the third largest coin in the world. Like Dogecoin, it is based on a meme that everyone and their grandmothers have heard of. However, its $3.4 billion market cap still puts it within single digits of the same league as Dogecoin and Shiba Inu.
At the current price of $0.058114 and with a previous all-time high of $0.00001064, it is absolutely certain that PEPE is not on track to claim a dollar.
However, one project that could be the sloth themed one Slerf coin ($SLERF). Slerf has an interesting history. On launch day, a major incident resulted in the accidental burning of $10 million in $SLERF, intended for some 25,000 confident pre-sale buyers.
Shortly after its launch, Slerf reached a record market capitalization (ATH) of $750 million within hours wSealana ($SEAL), the all-American redneck seal. As 24-hour trading volume soared by nearly $2.5 billion, the token actually reached an ATH price of $1.28 from an introductory price of $1.10 before falling to its actual level. Still, at its current price, Slerf is more likely to reach $1 than Dogecoin.
But it currently faces stiff competition from Slothana, a new lazy meme token that is about to launch. $SLOTH is the same genre as $SLERF with one key difference. He’s a big fan of marijuana and is likely to be a hit among like-minded slow-moving creatures.
$SLERF has 80 million in cash.
There is more money in $SLERF than any other Memecoin on #SOLANA.
Without any of your “KOLs”
I wonder what this means for Slerf NFTs. pic.twitter.com/KxIXCPP3kI
– grumpy.slerf (@youlovegrumpy) May 3, 2024
Finally, there is Sealana, the $SEAL Meme Coin
If dogs, frogs, and sloths don’t do it for you, Solana’s Sealana ($SEAL), the American red seal, is quickly opening the purse strings in a hilarious new pre-sale.
Sealana is a take on the viral South Park character Gamer Guy, aka Fat Computer Nerd.
Gamer Guy appeared in the jaw-dropping World of Warcraft episode of the hit cartoon and instantly became a viral meme in his own right, recognizable by his milk bottle glasses, screen-locked gaze, its messy room and gravity-defying girth.
Since then, he has symbolized anyone from the legions of disgruntled keyboard warriors writing scathing and acerbic opinions in Internet comment sections, to a kind of Everyman – a symbol of the idler in everyone.
Sealana is Gamer Guy but Web3. Stranded at his computer desk and growing taller by the day, Sealana is so engrossed in degen trades that he has abandoned his previously slim figure for a diet of chips and canned tuna. Her obsession with finding the next big Solana coin keeps her flippers busy and her room looks like a bomb hit her. A true patriot in search of the lost American dream!
Its pre-sale is barely 48 hours old and it has already brought in more than $150,000 in investments, according to the website.
There are rumors that the Sealana team was also behind the popular Slerf ($SLERF) project. Rumors suggest the team wants another successful launch, this time without accidentally burning through $10 million in chips.
For each SOL, investors receive 6,900 $SEAL tokens after the ICO concludes. This puts them in pole position to exploit potentially explosive appreciation during the pre-sale and beyond.
Users can pay using a widget on the website or by sending SOL from a decentralized wallet to this address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
Interested? Keep up to date with Sealana news account.
Buy Sealana at official website here.
Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.
Memecoins
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
Disclaimer
Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.
Memecoins
Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings
August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.
The viral power of memecoins
Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.
Shiba Inu: riding the wave of popularity
Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.
Ecosystem expansion
THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.
Balancing humor and professionalism
Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.
Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.
Expanding Reach and Adoption
Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.
Why August is the month to invest
As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.
Conclusion: Don’t miss the benefits
Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.
For more information on the Mpeppe presale (MPEPE):
Visit Mpeppe (MPEPE)
Join us and become a member of the community:
Memecoins
Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further
Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.
As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.
The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.
Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.
Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.
Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.
Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.
In the world of meme coins, when it rains, it rains.
Edited by Stacy Elliott.
Memecoins
Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD
A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.
Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.
“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”
Source: Altcoin Sherpa/X
At the time of writing, Bitcoin is trading at $66,236.
According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.
Source: Altcoin Sherpa/X
Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.
Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.
Source: Altcoin Sherpa/X
POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.
Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.
“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”
Source: Altcoin Sherpa/X
WIF is trading at $2.27 at the time of writing.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: DALLE3
-
News7 months ago
More Crypto AI Alliances Emerge Following $7.5 Billion Token Merger — TradingView News
-
News7 months ago
Over 1 million new tokens launched since April
-
Videos8 months ago
Money is broke!! The truth about our financial system!
-
Altcoins7 months ago
Render vs. Theta; Which DePIN Altcoin to buy in May
-
Memecoins7 months ago
ChatGPT Analytics That Will Work Better in 2024
-
Altcoins7 months ago
Altcoin Investments to create millionaires in 2024
-
NFTs8 months ago
Surprisingly, Bored Apes is now laying off employees as the NFT market disintegrates
-
Videos7 months ago
Fantom: Potential FTM Price and BIG Updates – The Latest!!
-
News5 months ago
Invest Now: The Hottest New Cryptocurrencies of August 2024 That Could Skyrocket
-
Memecoins5 months ago
Memecoins dominate major derivatives in terms of open interest | Flash News Detail
-
Altcoins5 months ago
On-chain data confirms whales are preparing for altcoin surge with increased buy orders
-
NFTs5 months ago
RTFKT Announces Project Animus Reveal, Launches Egg Unboxing Event Amid Mixed Reactions | NFT CULTURE | NFT News | Web3 Culture