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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Crypto Market to Turn Highly Volatile, But These Meme Coins Continue to Skyrocket

NewsBTC
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Last Updated: April 21, 2024 11:55 am
4 mins read

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The crypto market has found itself entrenched in an unpredictable period again. Bitcoin was dangerously close to falling below $60K this week. Most of the market was in a sea of red. But on Friday, the market is back on the green side. It’s too early to tell how long the bull market will last.

Although Bitcoin has to rise above $80K to stay profitable for miners, the market has yet to pick the cue. If anything, Bitcoin halving has thrown traders into panic.

But there are exceptions to the trend. Promising presale coins were bucking the bearish market. They have yet to be launched, and thus are shielded from the downturn risks. Moreover, the fixed presale prices allow early investors to maximize their potential returns.

Dogeverse’s Multichain Universe Goes Viral

Dogeverse is an interconnected multichain universe. Cosmo the Doge is traveling this universe, attracting significant investor interest. Dogeverse is rapidly approaching the $8 million milestone.

What’s the big deal?

The growing hype around Dogeverse can be attributed to several factors, starting with its innovative narrative. Dogeverse is laying the foundation for a connected multichain universe dedicated to meme coins.

It goes without saying that there’s a plethora of dog coins in existence. In fact, it is hard to keep track of them. Why another dog coin to the overly saturated market, then?

First of all, Dogeverse introduces a concept with high potential. It is launching on major blockchains, leveraging each blockchain’s unique strengths.

This approach optimizes costs, energy usage, and transaction speeds. It taps into the speculative appeal of different blockchains and reaches diverse meme coin communities. The success of Solana meme coins and Base meme coins like BONK, WIF, MEW, and DEGEN this year illustrates the potential of the multichain infrastructure.

It also sets the stage for future expansions and integrations. While most meme coins have short lifespans, the multichain infrastructure, if used wisely, will give long-term relevance to Dogeverse. Token utilities and integrations will continue to drive demand for the token even in the absence of speculative hype.

The Dogeverse presale is divided into multiple phases. Increasing prices and decreasing staking APYs characterize the presale.

VISIT THE $DOGEVERSE PRESALE

$10M Raised and Counting: Slothana is Hot!

Slothana ($SLOTH) is arguably the hottest meme coin of this year. It is predicted to steal the third spot on the meme coin list from Dogwifhat.

A true meme coin at its heart, the project introduces a unique concept into the market which is crowded with dog and frog coins.

Slothana is a sloth, if you didn’t guess from the name already. Not any random sloth, but an office sloth who is tired of the 9-5 grind like most of the world.

Simple? Yes. Relatable? Yes.

A perfect recipe for virality in the meme coin market. Slothana quickly attained its $10M presale target much ahead of schedule. But to ensure a fair distribution of tokens among early investors, the token presale will be live till the DEX launch on April 29. It reduces the impact of pump-and-dump schemes that most meme coins fall prey to.

The success of non-dog meme coins like MEW (depicting a cat in a dog’s world) strengthens the growth potential and price predictions of Slothana.

🌿📜 And on the eleventh day before the grand unveiling, Slothana spoke unto its disciples, saying: ‘Behold, the countdown draws ever nearer to its end.’ 🚀 Let us remain steadfast in our slothful anticipation, for soon shall come the epoch of Slothana’s glory. 🦥💫… pic.twitter.com/i88c7aDdv6

— Slothana (@SlothanaCoin) April 18, 2024

The Slothana community activity hints at a massive price action on the token’s DEX launch. With investors seeking fresh themes beyond the saturated dog-themed coins, Slothana is expected to see a turbocharged pump on its launch.

Before its DEX launch, investors can acquire the token at a rate of 10,000 $SLOTH per SOL.

VISIT THE $SLOTH PRESALE

2.5 Million Quests Completed in SMOG Season 2

SMOG needs no introduction. The Solana airdrop went viral after launching the first season of its airdrops, which saw around 7.5M participants. The next season is now live and the number of quests has already touched 2.5M.

While the two meme coins mentioned above are in the presale stage, SMOG has already launched. Like most of the market, the token fell prey to the downtrend. But the current dip provides investors with an excellent opportunity to get a low entry point into the project. The growing activity in Season 2 is expected to ignite a strong pump for SMOG toward the end of the month.

The website offers a 10% discount for investors who buy and stake SMOG directly from the website.

BUY AND STAKE SMOG WITH 10% DISCOUNT

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
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