- WIF topped meme coin gainers early Monday because the crypto market mirrored a swift spike above $63k for Bitcoin.
- Because the market eyes a possible July bounce, might Solciety (SLCTY) be the subsequent Solana meme coin to blow up?
In line with knowledge from CoinGecko, Dogwifhat (WIF) is outperforming most prime meme cash available in the market over the previous 24 hours. In the meantime, new Solana meme coin Solciety (SLCTY) has reached $550k in presale as curiosity skyrockets. Right here’s a worth forecast for WIF and what that might imply for Solciety.
Dogwifhat surges as meme cash rebound
With almost 10% good points within the interval on the time of writing, WIF is outshining Dogecoin, Shiba Inu, Pepe, Bonk and Floki. Dogwifhat can also be the highest performing meme on Solana prior to now 24 hours and its $566 million buying and selling quantity exceeds that of prime meme coin DOGE.
The surge on WIF worth comes because the altcoin market signaled a possible restoration as costs echoed BTC’s upside.
Analysts at market intelligence platform Santiment lately pointed to damaging sentiment and Bitcoin’s low RSI as seemingly indicators of a recent bounce. Whereas WIF stays damaging over the previous month, bulls breaking above $2.50 might reignite curiosity and permit patrons to dominate the market.
WIF worth is up 45% prior to now week and an identical trajectory in coming weeks might see the meme coin nearer to the all-time excessive of $4.83 reached in March.
Solciety – the brand new SOL meme eyeing PolitiFi dominance
Solciety is a brand new meme coin on Solana that’s already creating waves within the PolitiFi area.
After opening its presale on June 18, the mission has shortly attracted over $550,000 from early buyers eyeing a possible gem.
Because the 15-stage presale picks momentum, it’s inevitable the type of curiosity Solciety is garnering might see it grow to be the subsequent prime Solana meme coin. Dubbed the “political get together for degens,” Solciety enters the market as buyers eye meme coin summer season and as political warmth intensifies forward of US 2024 election.
What units Solciety other than different PolitiFi tokens?
Structure DAO (PEOPLE), MAGA (TRUMP) and Jeo Boden (BODEN) are at present among the many prime PolitiFi tokens, which have seen first rate good points as buyers savour the combo of politics and memes.
Whereas parody, viral moments and satire drive these and different initiatives, Solciety enters the ecosystem with a novel method prone to propel it nicely above the remaining.
Meme Campaigner is Solciety’s meme creation device that permits the group to leverage satire and hype to create memes based mostly on over 200 traits. Because the presale good points traction, so will the memes and Solciety’s group.
Solciety worth: How excessive can SLCTY go?
Solciety is for everybody – not aligned with any political divide – and which means the potential to dominate the complete PolitiFi market. The actual fact is that meme cash are its group, and what Solciety guarantees suggests the subsequent few months might be large for its SLCTY token.
Solana’s development trajectory, cryptocurrency adoption and PolitiFi meme cash are large tendencies at this time and SLCTY will profit from all.
In line with CoinGecko, the meme cash market is $53 billion at this time, whereas Solana meme cash market cap is at $7.5 billion. In the meantime, the fast-growing PolitiFi sector is simply over $1 billion. Progress for the complete market might see Solciety hit and surpass ranges that WIF and different prime meme cash have reached through the bull market.
A take a look at MAGA worth reveals the token is up 585x since its lows of $0.01136 in October, whereas PEOPLE has soared over 101x. WIF, the breakout Solana meme coin, noticed a 1,450x transfer from $0.001555 in December.
The SLCTY token’s present worth of $0.002222 in stage 4 of the presale might due to this fact supply a chance for early birds.
Be taught extra about Solciety (SLCTY) on the official web site.