Is a new meme coin rally on the horizon?
solana (SOL) and Dogwifhat closed the week with gains, as the cryptocurrency market has gone through a consolidation process since the week. Showing resistance to market volatility, the popular altcoin maintained its upward trend, while Dogwifhat, the important meme coin in the Solana ecosystem, achieved double-digit gains with an impressive rise of 17 percent.
Will WIF reach all-time high results?
Dogwifhat, which has the popular style of dog coins, can experience a day of significant price movements. WIF token, which increased by 17 percent in the last 24 hours, showed an impressive rise, reaching 3.81 from $ 3.30. Ranking 33rd by market volume, assets are gaining strength with a market value of 3 billion. The volume of the coin, which is the 4th largest asset in the Solana ecosystem, has increased significantly in the last 24 hours, maintaining investor interest by exhibiting more processing power with a 61 percent increase.
WIF technology chart
From a technical perspective, the MACD growth of the meme coin exhibited price movements, which exhibited a negative price movement in terms of growth potential. While the MACD indicator, which shows that the trend has transformed, indicates uncertainty according to the token throughout the process, the Relative Strength Index (RSI) indicates a growth competing with the 56.40 level. Also, Chaikin Money flow (CMF) ends on the bullish side. While this is considered a sign that the selling pressure has decreased, the investor presence That’s how you get it, and it’s important to take a look at it. Binance‘s X share is thought to be behind this rise of the WIF token. The latest post has triggered speculation for the crypto exchange token, which hints at a listing.
Solana and WiF growth potential
You can also use Dogwifhat token and merge partnerships on a meme coin that expands access. WIF, which is on its way to becoming viral, especially with its increasing adoption rate and partnerships on platforms such as Telegram, where fragment power comes to the fore, is one of the assets with high growth potential, according to the analyst.
Solana daily chart
On the other hand, according to this year’s price predictions in Solana, SOL is preparing for a 35-40 percent increase. Emphasizing its potential to reach the $ 300 price level before the end of 2024, the altcoin may rise rapidly if it goes for a price increase above $ 200. You can pay $250 to get the money back.
Also read: “4 cryptocurrencies alternatives to Solana”
Solana meme coins SMOG
The new Solana-based meme coin SMOG is one of the assets available on the local DEX exchange jupiter. The meme coin project, whose brat son bought from Birdeye watches Extreme for 24 hours, aims to increase its capacity power by preparing for the big airdrop of the year. Purchases, crafts or stakes Smog tokens to increase the power of the unitshowing rapid growth since February potential perspective expected cryptocurrencies entered from the regions.
Visit SMOG Token
According to current data, SMOG is trading at $0.1633 with a loss of 5 percent. The new meme coin Smog, Ethereum and USDD, which should be expanded in detail according to market sentiment, is available for purchase. In addition, the project, which gives everyone the right to equal wages in pre-sales, offers a different discourse to the cryptocurrency ecosystem with its epic narrative.
The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.
#meme #coin #rally #horizon
