Memecoins
Dogwifhat and Book of Meme Profit as New Sealana Memecoin Raises $300,000
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Dogwifhat and Book of Meme see significant gains in the Solana memecoin market, while new contender Sealana raises over $300,000 in its pre-sale.
Solana’s memecoin circuit continues to gain momentum, with Dogwifhat and Book of Meme up 11% and 9% today. Meanwhile, the up-and-coming Sealana presale has surpassed the $300,000 total raising threshold, fueling excitement that this could be Solana’s next big meme coin.
WIF, BOME Rise as VanEck Strengthens Enthusiasm for Memecoins
$89 billion asset manager VanEck has sparked a FOMO-fueled frenzy by launching its “Meme Coin Index,” which tracks the price of the six largest meme coins.
Community members predict that this could pave the way for further institutional penetration into the highly profitable memecoin sector, causing a surge in prices today.
Currently, the total market capitalization of memecoins has increased by 3.5%, surpassing the total market capitalization of cryptocurrencies, which is growing by 2.2%. However, Dogwifhat and Book of Meme enjoyed outsized bullish performances.
For Dogwifhat, it is currently trading at $3.16, up 11% today and 12.8% this week, but remains down 9% this month. It holds a market capitalization of $3.1 billion and a 24-hour trading volume of $461 million.
Analyst Achilles.sol speculate that WIF could be poised for monumental gains in the coming months, noting its relative strength compared to other major cryptocurrencies. “WIF looks incredible against both SOL and PEPE. Made a sharp breakout against SOL after months of coiling with a bullish MACD cross.”
He continued: “There was a bullish divergence against Pepe with a bullish MACD cross and the rest of the previous highs. Dogwifhat will continue to outperform whether you like it or not.
Meanwhile, Book of Meme is trading at $0.01163, up 9% today and 20% this week, but down 8% this month. It has a market capitalization of $802 million and 24-hour trading volume of $241 million, up 24% today.
DeFi Analyst Chad noticed that Book of Memes has entered an accumulation phase but may be poised for a parabolic breakout in the coming months. “The longer the Base = higher in space? BOME has entered a multi-week buildup phase, but will it result in a mega-run?” she wrote.
In fact, with today’s rally outpacing the market average, it appears that BOME may be preparing for a historic breakout. However, Solana’s memecoin ecosystem continues to present new opportunities.
As Book of Meme emerged as a pre-sale sensation, another new project vies to repeat history. It’s called Sealana and is still in the presale phase, having raised $350,000 so far.
Can Sealana soar like BOME after the exchange launch?
Igniting Solana’s presale mania, BOME’s debut made presale investors outrageously rich, becoming the fastest cryptocurrency ever to reach a $1 billion market cap (in just two days) and transforming presale investments to 5 figures in 7-8 figure portfolios.
But now, there’s a hilariously foul-mouthed, South Park-inspired meme coin on the market, and it looks just as promising as Book of Meme.
Sealanaa seal-themed meme coin who traded his sailor lifestyle for the pursuit of meme coin riches, now lives in his mother’s basement, where he munches on canned tuna and french fries and dreams of one day getting into a Lambo rose gold colour. .
The community loves this witty backstory and was quick to launch a pre-sale. However, analysts like Jacob Bury did speculated it could 100 times and media giants like Coinpedia, CryptoPotato and CoinCodex have it covered.
While there is no doubt that this new project has great potential, the pre-sale follows a mystical setup similar to previous phenomena such as Book of Meme, Slerf and Slothana. That is, no predetermined hard limits, and users can send SOL to the pre-sale wallet address to enter.
However, traders can also invest in Sealana presale using the buy widget on the project website, which allows them to link their wallets and pay directly.
To find out more, visit Sealana presale.
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