DOG inches closer to $0.01 as hype builds around new memecoin Solana

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DOG•GO•TO•THE•MOON approaches $0.01 and a market cap of $1 billion, while Sealana raises $3 million in its presale, gaining traction as the next potential memecoin boom.

DOG•GO•TO•THE•MOON is the latest memecoin to make a splash as it inches closer to $0.01 and a market cap of $1 billion.

Meanwhile, new SOL memecoin Sealana is also gaining momentum, having raised over $3 million during its presale. Will this be the next memecoin to explode?

DOG Creates New ATH as Community Speaks Out

Despite only being a month old, DOG•GO•TO•THE•MOON is racking up spectacular prize wins and social media engagement. The support of its community is reflected in the project’s market capitalization, which reaches over $950 million less than six weeks after its launch.

Currently, DOG is trading at $0.009446, up 26% today, 127% this week, and 207% this month. It holds a 24-hour trading volume of $87 million, up 145% today. This performance makes DOG the second best performing cryptocurrency in the top 100 this week.

DOG•GO•TO•THE•MOON is built on the Bitcoin Runes protocol, created by the founders of Bitcoin Ordinals. Runes was launched to enable the seamless creation and management of fungible tokens in the Bitcoin ecosystem.

Currently, DOG is the largest memecoin on the network, and its founder, Leonidas, recently explained his underlying goal on dog on Bitcoin. .

In addition to the strong price action, support for the DOG narrative can be felt on social media. Many commenters have pointed out that DOG has one of the strongest communities on X.

And as momentum picks up, prominent industry analysts are joining the movement. Dan Gambardello recently pointed out that DOG•GO•TO•THE•MOON could explode because it is part of the Bitcoin ecosystem, and BTC holds an impressive market cap of $1.3 trillion.

The analyst also speculates that DOG could be the memecoin to flip Dogecoin. “It just makes so much sense. The difference between DOG and other memecoins is liquidity,” he said.

But while DOG is at the forefront of Bitcoin’s memecoin business, a new competitor is emerging on the Solana network. The project is called Sealana and recently surpassed the $3 million mark collected in pre-sales.

Can Sealana jump after raising $3 million?

It’s no secret that Solana has led the way in memetic enthusiasm this year. From heavyweights like Dogwifhat and Bonk to new prospects like GameStop and catwifhat, which skyrocketed this week, there have been non-stop opportunities for network participants.

However, Sealana is going full steam ahead with its pre-sale raising over $3 million. This dwarfs the total rise of pre-sale sensation Solana Book of Meme, which raised $2 million and subsequently became the fastest cryptocurrency to reach a $1 billion market cap just two days after its launch in stock exchange.

As such, expectations are high for SEAL. But if we look beneath the surface, Sealana’s acceleration is no surprise. The project is full of bold memes, Donald Trump references, and South Park-style social media antics.

Additionally, the Sealana website features the hilarious story of a seal who lives in his mother’s basement, trading meme coins in hopes of buying a Lambo.

Indeed, from her unapologetic social media escapades to her witty origin story, Sealana encapsulates the essence of degen memecoin culture.

In a recent video, popular commentator Austin Hilton speculated that this could be 10 times “or even more.”

The Sealana team has not announced a pre-sale cap. This means the campaign could end at any time.

To learn more, visit the Sealana presale.

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