MEW (Cat in a Dogs World) and ONDO are two of the most trending cryptocurrencies this week. While MEW exploded close to 90% on Monday at one point, ONDO has recorded a 63.32% surge on the monthly chart.
MEW and ONDO Are Going Down
Things are taking a downturn on Tuesday, with MEW and ONDO losing 13% and 15% in the 24-h window. The global crypto market, in turn, has descended close to 5% to touch $2.31T.
Although the market is clouded by bearish sentiments today, the fear and greed index gives a more promising picture. It stands at 60, still nestled in the green, greed zone.
Source: CoinMarketCap
The recent downtick hints at a steep price correction for ONDO and MEW. They are likely to shrink their market cap over the next few days to lose the speculative weight. ONDO has a $1.2B market cap now, whereas MEW boasts the 8th place in meme coin rankings with a $446M market cap.
Dogeverse Crosses the $5M Presale Milestone Ahead of Doge Day
Dogeverse ($DOGEVERSE) is widely cited as the next big meme coin to watch. Centered around Cosmo the Doge, the project is building an interconnected multichain universe for meme coins. The market has received the first-of-its-kind attempt with great enthusiasm, as the presale numbers show.
Dogeverse craze can be explained by multiple factors.
First of all, Doge Day is approaching. Although Dogecoin is slipping down the charts ahead of the event, the market expects a pump in the coming days. Even if Dogecoin doesn’t capitalize on the trend, emerging meme coins have the potential to go big.
With the MEW craze slowing down, Dogeverse is predicted to stay in the limelight for the next few days. But the speculative interest in the project also lies in its multichain infrastructure.
An analysis of the meme coin trends over the last few months reveals that blockchain labels can cater to the virality of a token. Solana meme coins are hot this year, as the rapid success of WIF, MEW, and SMOG shows. Base meme coins are also extremely popular. BRETT and DEGEN are examples of some popular meme coins on this blockchain.
Ethereum, on the other hand, is more popular and beginner-friendly than these blockchains. There are also other blockchains with their own competitive edges and the potential to kindle a viral phenomenon.
What if a meme coin was built on all these chains?
That’s the unique value proposition from Dogeverse. The perfect recipe for virality? Yes. But the project also benefits from the unique advantages of these blockchains through this strategy. In addition, it can make use of a wide range of integrations in the future if it goes down that road.
Little Time Left to Grab $DOGEVERSE For Presale Discount
The $DOGEVERSE presale crossed past the $5M milestone just recently. It is on its way to an early sell-out at this pace. To buy the token at fixed discounted prices before the exchange launch, investors need to join the presale early. In the current stage, 1 $DOGEVESE token costs $0.000296.
Slothana: The Lazy Office Sloth is the Latest Crypto Sensation
MEW’s success has a lot to do with its identity as a cat in a dog’s world. It goes without saying that the meme coin market has a special love for dog coins. But the market is also welcoming new trends.
Apart from MEW, a new ‘non-dog’ coin to win the attention of the market is Slothana ($SLOTH). It represents everyone who is on the daily 9-5 grind through a lazy office sloth.
Hold onto your branches, Slothana faithful! We're gearing up to drop some major news: the official launch date is on the horizon! Get ready to mark your calendars and set your alarms, because a countdown timer will soon grace our site. Let the hype for the Slothana…
— Slothana (@SlothanaCoin) April 14, 2024
Although the token achieved its $10M target ahead of schedule, investors have a short window to buy it before the exchange launch.
$99BTC Sets the Stage For Learn-to-Earn
Learn-to-earn is a relatively unexplored niche in the crypto market. Popular platform 99Bitcoins ($99BTC) is making its entry into the sector, allowing people to earn as they learn. The platform will provide a wide range of learning resources for people interested in learning more about cryptocurrencies and Web3 in general.
A modern approach is implemented in the courses, featuring interactive modules, quizzes, and tutorials. Students earn $99BTC token credits as they advance and engage actively in the ecosystem.
$99BTC tokens received as rewards will unlock a range of perks like premium content, trading signals, VIP community access, and staking rewards. The presale of $99BTC tokens is now live, following a structured approach with incremental price increases.
Staking is also live with a compelling APY of up to 5800%.
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 MEW and ONDO Slip After Wild Surge – But DOGEVERSE and SLOTH Are Pumping appeared first on CaptainAltcoin.