The Dogwifhat dip is only the beginning. A steeper crash is on the horizon.
The third position on the meme coin chart is highly dynamic and prefers a new face every few weeks. Having ballooned up its market cap beyond $4B already, WIF is expected to fall prey to a long and tedious price correction over the next few days.
New investors who buy into the meme coin are looking at highly erratic price action.
Who Will Take the Third Position Next?
There are a lot of contenders for the third position on the meme coin chart. It’s too early to say who will come out as the winner.
Here are the top predictions based on community support, theme, and FOMO.
1. Slothana – This ‘Lazy Office Sloth’ Has Raised $7.5M So Far
The $SLOTH presale went live just last week, and it has raised $7.5M so far.
The rapid progress of the presale strengthens the price forecasts of $SLOTH in April. The meme coin, themed around a unique ‘office sloth’, is an instant success. The $SLOTH community is growing across social media platforms as the presale crosses new milestones.
What’s the craze?
There are multiple explanations for the growing FOMO around the presale and the meme coin. To begin with, $SLOTH stands apart in the meme coin market that is currently crowded with dog and frog coins. Yes, they’re extremely popular. But they’re also forgettable.
This is where $SLOTH enters the picture. The project taps into the crypto community with a relatable narrative. Anyone tired of the 9-5 grind and looking for a way out will resonate with the theme, and that primarily explains the outpouring of support for the project. After all, the theme is the king in the meme coin market.
— Slothana (@SlothanaCoin) April 1, 2024
As the sun sets on Easter Monday, I can't help but feel blessed by the loyal supporters of Slothana!
Just like the disciples followed their messiah, you, my fellow sloths, continue to spread the gospel of lazy trading and meme craft #slothana #memecoin
The theme and narrative also emphasize the coin’s community-centric approach. Similar to the thriving communities of top meme coins such as Dogecoin and Shiba Inu, Slothana’s growing community hints that the project is here to stay.
But that’s not all.
Slothana, as the name implies, joins the trending niche of Solana-based meme coins like Dogwifhat and Bonk. At the same time, it manages to stand out and capture attention.
The $SLOTH presale is advancing rapidly to an early sell-out. The token has the potential to go anywhere from 10X to 30X on its first series of exchange listings. It will take $SLOTH some time to expand to a $4B market cap and grab the third position on the meme coin chart. But it will outshine established meme coins like WIF in April when it comes to the ROI.
2. DOGE20 Will Launch on Doge Day: Last Chance to Buy
One of the most trending meme coins of 2024 is Dogecoin20. The token hasn’t gone live on exchanges yet, but the community support for DOGE20 is growing by the day.
Like Slothana, DOGE20 rose to popularity with a sizzling hot presale. It sold out ahead of schedule a few days back, raising $10M. DOGE20 is gearing up for its exchange launch on April 20. Not coincidentally, the debut listing falls on the much-awaited Doge Day.
Seen as a significant upgrade from Dogecoin in various aspects, DOGE20 is predicted to pump on its release. The lower initial market cap draws early investors to the project with higher upside potential. But there are factors beyond hype that make the meme coin highly promising this month.
- DOGE20 adopts a fixed supply model, unlike Dogecoin’s infinite supply model. It addresses the concern that has contributed to a 74% decline in Dogecoin’s value since 2021.
- DOGE20 offers passive income opportunities through staking. It is available throughout the presale stage, allowing investors to maximize their returns early on.
- By opting for the Ethereum network, DOGE20 facilitates user-friendly token management and transactions.
Investors can acquire DOGE20 at a fixed discounted price of $0.00022 for a limited period before the exchange launch. It presents an attractive entry point into the meme coin before Doge Day.
3. SMOG – Season 2 Community Quest Begins
SMOG is looking at a highly bullish April with the launch of the second season of its sensational dragon-themed quests. More than 7.5M quests were completed in the first stage. The signs of the rally have begun showing.
The second season is expected to be bigger due to the expanding community.
SMOG 1-day price action, source: CoinMarketCap
$SMOG is available for purchase on multiple exchanges. But the project offers a 10% discount for those who buy and stake $SMOG directly from the website.
BUY AND STAKE $SMOG WITH A 10% DISCOUNT
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Which Meme Coin Will Rule the Chart in April? Top 3 Predictions Amid Dogwifhat Crash appeared first on CaptainAltcoin.
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