Solana-Based Dogwifhat and Dogecoin Pare Gains as Bitcoin Struggles to Reclaim $64K
Some of the major meme coins have pared their gains, struggling to maintain their momentum, according to CoinGecko data.
Keep up with what's happening in the crypto world in real-time.
Some of the major meme coins have pared their gains, struggling to maintain their momentum, according to CoinGecko data.
WIF is closing in on PEPE's position in the market. Can it go one step further?
Last week brought a bullish comeback to the market as BTC price witnessed massive buying demand and surged toward the $65K mark. Though the dominance of BTC is currently rising, any minor pullback might trigger top altcoins to turn $1 into $10 this week.
The meme coin market registered a 16.7% uptick in the last 24 hours, giving the sector a value of $57.7 billion, according to CoinGecko. Here's a look at Dogwifhat, Floki and Doge.
The crypto markets are recovering from the recent loss caused by the drastic drop in the Bitcoin price from around $64,500 to as low as $56,600. This led to a massive drop in the spot market capitalization, which found lows of around $2.13 trillion.
If you're pessimistic about cryptocurrencies, there are plenty of speculative cryptos to avoid in and outside the top 10.
The cryptocurrency market has recently seen a substantial price increase in several tokens, including Shiba Inu (SHIB), Bonk (BONK) and Dogwifhat (WIF).
Viktor, a pseudonymous researcher focused on decentralized finance, recently shared his thoughts on the potential for altcoins to outperform Bitcoin (CRYPTO: BTC) in the current market. What Happened: In his latest tweet, the researcher noted that altcoins have been performing better than Bitcoin during the recent market downturn.
May 2024 brings attention to meme coins on the Solana blockchain with the potential for significant gains. Let's delve into the world of BONK, Dogwifhat, and MEW, exploring their promising prospects.
Key Dogecoin competitors are making waves in the cryptocurrency market, notably Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), and Bonk (BONK). Each offers a unique charm and an expanding community, energizing the meme coins to buy trends.
POPCAT is among the top-performing cryptocurrencies, with its price hitting a new all-time high.
WIF held its bullish market structure better than BTC as both fell.
Here are three meme cryptos long-term investors may do better just avoiding, given the number of high-quality options available right now.
Dogwifhat, a meme coin built on the Solana blockchain, has shown a remarkable recovery, catching the eye of investors after its recent listing on Bybit led to a notable price increase. This development comes amidst a broader rally in meme coins, signaling a possible shift in investor sentiment.
In a jaw-dropping turn of events, the price of Dogwifhat (WIF) experienced an astronomical surge, briefly reaching an astonishing $41.85 on renowned exchange ByBit. This unprecedented spike followed the platform's public declaration of listing Solana's meme coin sensation on the spot market.
Old-timer Bonk takes on Dogwifhat in global ranks, while on-chain metrics suggest BONK has an edge over WIF.
The Solana-based meme coin, Dogwifhat has caught the eyes of the investors, as the WIF price witnessed a slight recovery after witnessing a sharp decline recently. Meanwhile, the price of the meme coin has rebounded following a major listing announcement from a prominent crypto exchange, which seems to have sparked optimism among investors.
Solana-based memecoins like BONK registered promising 24-hour gains, which might result in the token hitting new targets.
Positive emotions can lead investors to make bad decisions.
With tremendous risk can come great reward -- or massive losses.
It looks like the euphoria around meme coins might be finally gone. Out of the 10 worst performing categories on CoinGecko, five are associated with meme cryptocurrencies.
TL;DR Meme Coin Appeal: Dogwifhat (WIF) is a meme coin on the Solana blockchain, emphasizing community and popularity over utility. WIF's Growth: Launched in November 2023, WIF quickly gained mainstream attention, with ambitious community projects like a Las Vegas Sphere display.
The changing dynamics of the crypto market have opened up Harmony (ONE), Render (RNDR), Near Protocol (NEAR), dogwifhat (WIF), and Stellar Lumens (XLM) to potential profits.
In a recent social media update, a well-known crypto analyst, Crypto Dog, forecasted a bullish run for memecoin Jeo Boden (CRYPTO: BODEN) and NEAR Protocol (CRYPTO: NEAR). What Happened: Crypto Dog anticipates that BODEN is on the verge of a breakout following a consolidation period, Daily Hodl reported on Thursday.
