Memecoins
GME meme coin skyrockets with the return of “Roaring Kitty,” the dog meme coin on the radar
Last updated: May 14, 2024 1:22 pm EDT | 2 minute read
Ethereum-based meme coins are bullish again, boosted by the return of Roaring Kittythe trader known for sparking the GameStop frenzy.
One such ETH-based coin is GME, which is currently seeing a surge and analysts are now predicting that another token could be next to make headlines.
This article will provide an analysis of current GME price trends and look to see if an innovative new meme coin, Dogeverserepresents a more promising investment opportunity at this time.
Because of @TheRoaringKittyHe’s back on Twitter, lots of them #MEMEcoin named $GME were created, be careful when buying them!
We noticed it on #Ethereuman insider spent 5.98 $ETH($17.7 thousand) to buy 146.11 billion $GME(34.73% of the offer) with 21 portfolios.
The 146.11B $GME it’s worth it now… pic.twitter.com/XgSiSnvYKr
—Lookonchain (@lookonchain) May 13, 2024
GME tickers have been big business in meme coin market Since Roaring Kitty has returned to handle the next bull market, but the one analyzed below leads the pack by a significant margin – after all, what matters in meme coins is traction.
GME Price Analysis: As the Roaring Kitty Sparks Waves of New Meme Coins GME: Will This Other Coin Be Next?
While GME continues to occupy the top spot on DEXTools, GameStop is currently trading at market price of $0.00001737 (representing a 24-hour change of +0.98%).
This comes as the GME token is in its second day of strong upside potential, with the GME price now consolidating above the sub-$0.00000064 support, the stage is set for a fresh upward move as the consolidation remains strong.
(GMEUSDT)
Taking into account the possibility of a second rally move, GME now needs to attract new retail capital to enter the trade with a huge market capitalization of $7.3 million.
This suggests a potential decisive 5x return for late-stage investors, but offers an unattractive prospect for many traders.
With buying pressure still struggling, a look at the order book reveals just 54% buying pressure in trades over the past hour, despite the hype surrounding GameStop.
For this reason, smart investors are shifting their attention to better trades in the emerging project DOGEVERSE, which just scored an impressive multi-million dollar pre-sale raise and gives retail investors one last chance to get in on the leading CEXs level 1. lists.
Explore Dogeverse ahead of Tier 1 CEX listings in Q2 2024
Presented as the “Travelling Doge on a Chain”, Dogeverse it has multi-chain capabilities on major networks like Ethereum, BNB Chain, and Solana, making it a versatile contender in the meme coin arena.
With 15% of its $200 billion offering up for grabs, early investors could gain significantly after the $15 million raise.
The project’s structure and potential for high returns, including a staggering +582% APY yield for stakers, underline its ambitious roadmap.
Shit! Wormhole in the wrong place again!
I will definitely NOT go there! 🏝️#Memecoin #Ethereum #DOGE #Crypto #MemeCoinSeason2024 pic.twitter.com/vRgssnVJdd
— DogeVerse (@The_DogeVerse) May 10, 2024
High APY staking has been all the rage recently and Dogeverse is set to steal all the limelight.
Beyond its playful facade, Dogeverse introduces real utility, offering seamless integration between different blockchain environments – this feature not only improves accessibility but also adds a level of convenience for investors.
Click here to participate in the Dogeverse presale
Disclaimer: Cryptocurrencies are a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.