Move over dogwifhat, CWIF is the new Solana Meme Coin sensation to invest in

While the price value of dogwifhat meme coin (WIF) has increased by 10% over the past 7 days and is now trading around $2.87, it has been outperformed by a lesser-known Solana meme coin, catwifhat ( CWIF), which generated more than 300%. this week.

Let’s take a detailed look at what’s been happening in the meme coin industry recently.

WIF Price Prediction and Analysis

With dogwifhat now ranking 4th in terms of market capitalization, behind only DOGE, SHIB, and PEPE, many analysts are scrutinizing WIF’s price and offering predictions. CRG, an analyst with over 137,000 followers on X, posted a WIF chart and tweeted: “Maybe something like this.”

Its chart suggests that WIF could dip around the $2 support level before starting another pump, potentially hitting a new all-time high around $5.

Additionally, CrediBULL Crypto, a very popular crypto analyst on X with almost 400,000 followers, clarified his stance on the WIF meme coin yesterday. He said he was not currently selling WIF and advised his supporters not to speculate about his intentions.

CrediBULL Crypto explained that if it wanted to manipulate a coin, it would target small- or micro-cap coins, which would be easier to influence compared to a multi-billion dollar market cap coin like WIF. He suggested that the reason he is highlighting WIF is simply because its chart looks bearish at the moment.

Additionally, CrediBULL Crypto revealed that it has not yet shorted WIF as it was waiting for a higher entry point. However, he transparently stated that if such an entry point presented itself, he would definitely consider shorting WIF. He urged his supporters not to accuse him of manipulation if he goes ahead with a short sale, as he openly shares his plan.

Another prominent analyst, Ansem, with 390,000 followers, drew attention to the interesting journey of the WIF meme coin. Ansem cautioned against underestimating the power of crypto enthusiasts and the Internet’s far-reaching influence.

He highlighted the surprising fact that WIF was included in an official Vaneck index when its market capitalization was only $100,000 in December, demonstrating its unexpected rise to prominence.

Catwifhat (CWIF): the new Meme Coin sensation

Catwifhat (CWIF) is a competitor to WIF and is aimed at coin investors who prefer cats to dogs. This Solana-based meme coin traded sideways for weeks before starting to rise a few days ago, jumping over 300%. Although the price of CWIF has corrected by 10% today, the current market cap is around $25 million.

With a much lower market cap than WIF, CWIF could potentially pump harder when true coin mania returns. After all, we all remember what happened in late February and early March, when the price of all the major meme coins started to explode.

The official CWIF X account has hinted at a new website and released a teaser, suggesting exciting developments on the horizon for this meme coin.

Jakob Bury’s Perspectives – Best Meme Pieces to Buy Now

Popular YouTuber Jakob Bury, with almost 40,000 subscribers, posted a video yesterday highlighting the best meme coins to buy now, including CWIF.

According to Bury, CWIF offers an automatic 4% burn on on-chain transactions. Its market capitalization is around $25 million, with the potential to reach $100 million, according to its forecasts. CWIF recently received verification of its circulating supply and market capitalization across various crypto platforms and enjoys high trading volume.

Bury also mentioned three other interesting coins. First of all, Dogevers integrates Wormhole and portal technology, providing multi-chain accessibility. It had an initial price per token of $0.0031, with a strong fundraising performance. Dogeverse has a limited supply of 200 billion tokens to prevent inflation, and its roadmap includes potential listings on centralized exchanges.

Secondly, WienerAI quickly raised over $1.3 million in pre-sales, with the token price expected to rise in just 2 days. Bury has a personal investment in this coin, with ownership of 8.7 million tokens. This meme coin combines AI technology with the appeal of meme themes.

Lately, Sealana is the newest meme coin on Solana, currently on pre-sale, and has raised over $300,000 in the first few days. It is positioned as a high-risk, high-reward investment and draws inspiration from various meme themes.

Sealana, like many meme coins, requires traders to send Solana (SOL) tokens to a designated wallet address to participate in its presale. In return, investors receive SEAL tokens at the end of the presale. Sealana’s pre-sale model, with no hard cap and a first-come, first-served approach, was successful in raising funds quickly.

Conclusion

Overall, catwifhat (CWIF) has emerged as a potential competitor in the Solana coin sector, outperforming the more established dogwifhat (WIF) in recent price movements.

With analysts closely monitoring WIF’s trajectory and new coins like CWIF, Dogeverse, WienerAI, and Sealana gaining visibility, this sector remains vibrant and intriguing for coin enthusiasts.

Related

Fuente