Dogwifhat has increased by an extraordinary 500% over the past 30 days, reaching a market cap high of around $4.8 billion over the weekend.
The cryptocurrency has delivered outlandish returns to its early adopters following its listing on the Binance exchange earlier last month.
With $WIF continuing to set all-time highs, traders are now debating whether it’s worth converting profits into new Solana-based meme coins to rotate gains.
In particular, traders are piling into Slothana ($SLOTH), which they believe will be the next Solana meme coin to explode.
DogWifHat Explodes 500% in 30 Days As Solana-Based Meme Coins Continue Dominating.
Dogwifhat ($WIF) has been up by an exceptional 500% over the past 30 days as the narrative of Solana-based meme coins continues to dominate.
$WIF saw extraordinary success in March due to its monumental exchange listing on Binance earlier in the month.
The exchange listing allowed $WIF to start its surge through the month, allowing it to set the $4.80 high over the weekend;
$WIF wasn’t the only Solana-based meme coin that witnessed a Binance listing in March. Other meme coins, such as $SLERF and $BOME, were listed on the world’s leading cryptocurrency exchange, helping them see exceptional growth.
How High Can $WIF Continue?
With $WIF continuing to see fresh all-time highs, many traders wonder how high the meme coin can run before retracing.
The latest move seen over the weekend allowed $WIF to break resistance at $4.00 and hit resistance near $4.90m provided by a 1.414 Fib Extension level;
Looking ahead, if the buyers can break the resistance at $5.00, the first resistance level lies at $5.55. This is followed by resistance at $6.00, $6.12 (1.414 Fib Extension), $6.72 (1.618 Fib Extension), and $7.00.
On the other hand, the first level of support is $4.00. Below this, support is located at $3.11 (.382 Fib), $2.57 (.5 Fib Retracement), $2.00 (.618 Fib Retracement), and $1.50.
Is it Time to Funnel Some Profits Into the NExt Solana-Based Meme Coins Set to Explode?
With $WIF making exceptional gains for early adopters, traders are now debating if it’s the right time to funnel some profits in the next Solana-based meme coin set to explode.
With hundreds of Solana-based memes appearing daily, it can be difficult to know where to invest your money.
However, a handful are making waves as they trend across social media, with many $WIF holders divesting a small portion of profits into the newly emerging projects.
In particular, Slothana ($SLOTH) is turning heads after raising over $5 million, with investors believing it can follow in the footsteps of $BOME and $SLERF.
Slothana Surges Past $5 Million Fundraising Level – Is This the Next Solana-Based Meme Ready to Explode?
Traders are quickly piling into the Slothana ($SLOTH) presale, with the aim of becoming an early adopter in the next Solana-based meem coin ready to explode.
Slothana has raised an astonishing $5 million in its presale in just five days, demonstrating the building hype behind this project.
Investors are eager to become early adopters of the meme coin due to its unique presale strategy, which utilizes a “send to wallet” address for investors to send $SOL and participate.
Successful presale projects like $BOME and $SLERF utilized the unique presale strategy, which saw exceptional growth in March and helped them be listed on Binance.
Traders believe Slothana will follow in the footsteps of $BOME and $SLERF with its unique presale strategy, potentially earning it a potential Binance listing.
To participate, simply send $SOL to the wallet address listed on the project’s website to receive $SLOTH once the token launches. Alternatively, investors can also use the buy widget on the website.
With an exceptional marketing team behind it, a personable meme design, and a unique presale strategy, Slothana ($SLOTH) is lined up for a price surge in April 2024.