In the latest Solana meme coin pump, new coin Peshi Cat (PESHI) has exploded in a 120x skyrocket.
This article will present an evaluation of PESHI’s present worth developments and look to see whether or not an progressive multi-chain meme coin, Dogeverse, represents a extra promising funding alternative at the moment.
$PESHI SAID: SEND IT! pic.twitter.com/e549Ut1ekx
— $PESHI (@peshi_sol) April 15, 2024
PESHI worth strikes look like a straight-up no-utility meme coin play, with upside positive aspects fuelled by pure viral traction throughout the crypto neighborhood on platforms corresponding to X.
PESHI Price Analysis: As Peshi Cat Token Explodes An Astronomical 120X – Is This Other Coin Next?
As worth motion fights for decrease assist, Peshi Cat is at present buying and selling at a market worth of $0.00000066 (representing a 24-hour change of -47.9%).
Launched at simply 18:00 UTC on April 14, the PESHI worth gained sturdy traction in its first day of buying and selling, hammering up +25,000% to hit an all-time excessive of $0.00000027.
Lower assist was established between $0.00000010 and $0.00000017, and this set the stage for a second-retest of resistance across the all-time excessive on April 15.
However, a powerful rejection at this stage has since seen worth motion bleed-out -47.9% within the hours since – with Peshi Cat tumbling by decrease assist into capitulative territory.
Yet, with purchase stress remaining dominant at 52% of transactions over the previous hour – 2.38k holders stay in hope – with a now alluring $265k market cap providing a possible 10-20x transfer for late-stage buyers right here.
But whereas PESHI holders ride-or-die over the following 24-hours, a extra profitable long-term worth accrual play is rising in a viral multi-chain Solana meme coin presale.
One DOGE to Rule Them All? New Multi-Chain Crypto Dogeverse Seeks To Deliver Dogcoins to Cross-Chain Trading
Dog-themed meme cash are massive business within the 2024 crypto market, and a brand new challenge – Dogeverse (DOGEVERSE) – is making a reputation out there with a singular providing: delivering cross-chain dogcoin buying and selling.
The concept; which faucets into the shift in the direction of cross-chain ecosystems, has clearly supercharged pleasure amongst retail merchants – with the continuing Dogeverse presale now standing at a whopping $5,352,581 raised.
Imagine with the ability to effortlessly switch your meme wealth between Ethereum, Avalanche, BASE, Solana, and BSC – Dogeverse seeks to ship simply that – offering bounds of upside potential for the brand new meme ecosystem.
🌌 Embarking on a journey by the #DOGEVERSE, the pioneering multi-chain #Doge #Token, impressed by #Cosmo‘s epic adventures. 🚀
Leading in #Blockchain connectivity, uniting numerous #Crypto communities with Doge memes and a imaginative and prescient of a unified ecosystem throughout chains! 🌍 pic.twitter.com/Woe1wYvxqh
— DogeVerse (@The_DogeVerse) April 16, 2024
Dogeverse’s builders imagine that this method democratizes access, and anybody can purchase the coin, turbocharging development – and turning into a pressure throughout the crypto market.
Looking at occasions out there, the in-demand Dogeverse presale will probably reap huge advantages as extra customers flock, looking for potent meme cash.
Supporters declare Dogeverse may very well be the following BONK and BOME, securing a $1 billion market cap within the coming weeks.
Don’t miss out on the following pump – comply with Dogeverse on X to get the latest information and join with the presale neighborhood on Telegram.
Join The DOGEVERSE Presale Here
Disclaimer: Crypto is a high-risk asset class. This article is offered for informational functions and doesn’t represent funding recommendation. You might lose your entire capital.