2024-04-23 18:33:54
Crypto traders are taking more risks and investing more money in meme coins amid improving market conditions. So far, the big guns are Pepe and Floki, with the former growing 7.8% and the latter 3.3%.
The enthusiasm in the market offers huge opportunities and traders expect prices to reach new levels.
In the article below, we present the top five coins to watch this week. We ranked them based on factors like recent performance, tokenomics, use cases, teams, and expert reviews.
In light of the criteria just mentioned, the best choices for this week are: Dogeverse, Dogwifhat, Slothana, cat in a dogs world and Brett. Let’s take a closer look at them.
Top 5 meme pieces of the week
Dogerse:
A Dogerse is a multi-chain coin and runs on six of the most popular smart contract blockchains, paving the way for next generation coin innovation.
The coin is currently available for presale and has already raised a respectable investment of $9 million, indicating that the degen trading community has given it the green light.
The coin’s innovative use cases give it a distinct advantage over other meme coins by protecting Dogeverse from user migration between blockchains.
A Dogeverse Presale it has already been launched on Ethereum, Polygon, Base, Avalanche and BSC platforms, and will soon be launched on Solana as well.
Another benefit of Dogeverse is the deposit mechanism, which encourages users to deposit their tokens in exchange for passive rewards. At the time of writing, users can enjoy an APY of 118%, but this decreases as more tokens are deposited.
Deposits are designed to reward early adopters more, but pre-sale prices seem similar.
The coin price will gradually increase during the presale, so investors can get the token at the best price if they arrive early and act quickly.
dog woman
The big winner of the last meme coin season was Dogwifhat, as it won over investors with its simple and relaxed approach. Slogans associated with the coin, such as “hats off,” spread like wildfire in foreign communities on social media, but the project really gained popularity following the Binance listing.
Coinbase recently announced that it would make WIF futures trading available on international exchanges for its institutional clients, which might mean an immediate listing on the main exchange might follow.
WIF is currently trading around $3.05, up 3.4% today, 0.1% for the week, and 24% for the month. CoinMarketCap has had data on the coin since early September and since then it has gained over 1,700%.
In terms of market capitalization, Dogwifhat is the third largest coin, but can accommodate a quintuple before catching up with the second largest coin, Shiba Inu.
Horse, the excellent trader, recently pointed out that Dogwifhat’s price is likely to fall and is now re-entered into the coin, meaning he is bullish on it once more.
The following written by: “I bought a few extra $WIF that I’m willing to sit on over the summer, even though we’re right next door.”
Slothana
A Slothana is a meme coin that works on Solana. The token saw unprecedented presale success, eclipsing previous big guns Book of Meme and Slerf.
The first collected $2 million and the second $10 million during the presale. THE Slothana in comparison crossed the $10 million mark in two weeks and is now heading full steam ahead to the IEO.
After their IPO, BOME and SLERF experienced tremendous success, creating a positive environment for $SLOTH.
What adds to the excitement is that Team Smog would be involved with Slothana. This is Smog, which has grown 100x since its launch in February and had a market capitalization of over $200 million at its peak.
These rumors are also confirmed by the fact that the Smog team commented for Slothana’s first X post a few hours following its launch.
There are only seven days left until the Slothana presale ends. Investors can participate in the presale directly through the project website, but they can also send SOL to their wallet.
Cat in a world of dogs
At the end of March, Cat in a dogs world became big when the Solana meme coin arrived for owners. The project’s popularity continued to grow, and its market capitalization reached $800 million.
Although MEW has followed the market movements, today it has achieved strong growth of 9%. This shows that the sentiment around the token is positive as it outperforms other meme coins.
MEW currently has a market capitalization of $506 million and a 24-hour trading volume of $90 million, down 24% from the previous day.
Its recent strength suggests it might be one of the headliners of the upcoming coin rally.
Additionally, unlike Dogwifhat, MEW has yet to participate in a full coin rally, having started midway through the previous run. This may be particularly important, as meme coin investors have a huge appetite for new projects.
Another important factor in the bull run is that MEW is the most popular of the cat-themed meme coins. Given the light nature of the market, we cannot rule out that investors abandon dog-themed coins in favor of cat-themed coins.
Brett
Brett is the leading meme coin on Coinbase’s layer 2 Ethereum network, Base. The project was launched in March and has since grown significantly.
The coin’s market cap is currently $590 million, its exchange rate is down 4.3% today and 1.4% this week, but it is up 140% this month.
Its 24-hour trading volume is $15 million, which is a 12% drop from yesterday.
Since Brett is close to Coinbase, it is likely that it will list in the coming months.
This is confirmed by the fact that Coinbase will soon allow trading of WIF and PEPE futures. If Coinbase users receive them positively, there is a good chance the platform will introduce other on-chain meme cryptocurrencies.
Top analysts like Max Schwartman, CEO of Because Bitcoin, are also positive. Recently That is what he said: “Millions of new residential users will soon arrive at Base.”
As the network’s leading coin is Brett, we can expect explosive growth, according to the analyst.
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**Attention! Our article above is guest content and does not constitute investment advice. The editors of BitcoinBázis take no responsibility for what has been described and urge all readers to exercise caution regarding investments in cryptocurrency, CFD, token, cryptocasino, metaverse, DeFi, play-to-play earn and ICO/STO/SAFT. Individual research and thorough verification of claims is strongly recommended. Trade and play responsibly.**
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