- 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, may Solciety (SLCTY) be the subsequent Solana meme coin to blow up?
In accordance with knowledge from CoinGecko, Dogwifhat (WIF) is outperforming most prime meme cash out there 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 price forecast for WIF and what that would imply for Solciety.
Dogwifhat surges as meme cash rebound
With practically 10% positive aspects 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 previously 24 hours and its $566 million buying and selling quantity exceeds that of prime meme coin DOGE.
The surge on WIF price comes because the altcoin market signaled a possible restoration as costs echoed BTC’s upside.
Analysts at market intelligence platform Santiment just lately pointed to destructive sentiment and Bitcoin’s low RSI as doubtless indicators of a recent bounce. Whereas WIF stays destructive over the previous month, bulls breaking above $2.50 may reignite curiosity and permit consumers to dominate the market.
WIF price is up 45% previously week and an identical trajectory in coming weeks may 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 venture has shortly attracted over $550,000 from early traders eyeing a possible gem.
Because the 15-stage presale picks momentum, it’s inevitable the type of curiosity Solciety is garnering may see it turn into the subsequent prime Solana meme coin. Dubbed the “political party for degens,” Solciety enters the market as traders eye meme coin summer season and as political warmth intensifies forward of US 2024 election.
What units Solciety aside from different PolitiFi tokens?
Structure DAO (PEOPLE), MAGA (TRUMP) and Jeo Boden (BODEN) are presently among the many prime PolitiFi tokens, which have seen respectable positive aspects as traders savour the combo of politics and memes.
Whereas parody, viral moments and satire drive these and different tasks, Solciety enters the ecosystem with a novel method more likely to propel it properly above the remaining.
Meme Campaigner is Solciety’s meme creation device that enables the group to leverage satire and hype to create memes based mostly on over 200 traits. Because the presale positive aspects traction, so will the memes and Solciety’s group.
Solciety price: 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 enormous for its SLCTY token.
Solana’s progress trajectory, cryptocurrency adoption and PolitiFi meme cash are enormous traits at present and SLCTY will profit from all.
In accordance with CoinGecko, the meme cash market is $53 billion at present, 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 may see Solciety hit and surpass ranges that WIF and different prime meme cash have reached through the bull market.
A have a look at MAGA price exhibits 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 price of $0.002222 in stage 4 of the presale could subsequently supply a chance for early birds.
Be taught extra about Solciety (SLCTY) on the official web site.