The Solana-based projects are reviving on the crypto scene. The release of meme coins like $BOME, $DWIF, $BONK, and $SLERF showed that Solana-based projects are among the top gainers in the crypto space.
The release of the new coin, DofWifCat, proved this statement. This meme coin grew by over 2,000% in one day only. The project launched on Jupiter on Wednesday, March 20th, gaining massive support from investors and collecting over 2k holders quickly.
This explosive Solana meme coin could follow Book of Meme’s success and reach a market cap of $400 million in the next few weeks. The project presents a massive investment opportunity if you are looking for the next top meme investment.
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Book of Meme ($BOME) Skyrockets by 25%
Book of Meme was one of the top performers in February. This explosive Solana meme coin attracted investors after the 420% price surge after the release. On March 22nd, the $BOME price was up by 25% amidst the increased open interest in the project.
However, Book of Meme faced an investigation from Binance. The world’s largest crypto exchange opened an investigation over allegations of unethical practices within the project. This all happened after the $BOME price started fluctuating and after the discussions within the community about a BOME rat warehouse incident.
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DogWifCat: The explosive Solana meme coin shows massive potential
Soon after its release, DogWifCat hit the top trading spot and grew almost 15,000%. DogWifCat reached a $30 million market cap on its first trading day. In 48 hours, DogWifCat went up by 4,000%. Soon after, this meme coin hit its ATH of $0.0334 on Raydium.
This explosive Solana meme coin follows DogWifHat and tries to capitalize on its popularity. It has fun and memorable branding, depicting a dog connected to a cat. It plays on the popularity of similar projects and the meme coins rush.
The combination of dog and cat attracts the attention of investors. For example, Eric Cryptoman stated on X that he ‘woke up not sure whether to buy a dog or a cat coin, so ended up buying both in one.’ He also thinks ‘$DWIFC could be the next $BOME but without the presales.’
The first days of trading show that this meme coin has massive potential. It was number 1 on the DexTool list of the top-trending hot pairs in the last 24 hours. This put DogWifCat alongside big meme names like $SLERF, $BOME, and $SMOLE.
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DogWifCat Tokenomic
DogWifCat has a supply of 1 billion tokens, and the whole amount is on Solana’s exchanges thanks to the fair launch model. This means there is no vesting, no tokens left for staking, or development funds.
There are a few benefits to this approach:
- The whole supply is available for investors
- Fair entry for everyone
- There are no limits because you can buy as many coins as you want
- You can immediately sell your coins if you want
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DogWifCat Price Prediction 2024 – 2030
Year | Potential Low | Average Price | Potential High |
---|---|---|---|
2024 | $0.120 | $0.188 | $0.256 |
2025 | $0.150 | $0.220 | $0.290 |
2030 | $0.700 | $0.850 | $1 |
DogWifCat could go 10x-15x this year. DogWifCat price predictions say this project could become the top Solana meme coin. This project should enter another bullish run in 2025 and at the start of 2026 and grow by 1,600%.
Bitcoin growth could also push the $DWIFC price up by the decade’s end. The maximum amount this explosive Solana meme coin could reach by 2030 is $1.
The main factors that will influence DogWifCat price are:
- Exchange listings
- The hype around meme coins
- Trends in the crypto market
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Why should you invest in DogWifCat?
- The project has the potential to soar after the CEX listings. It can follow the trajectory of other meme coins like Bonk and Pepe Coin.
- Potential to list on all major exchanges. Experts think this explosive Solana meme coin could secure listings on Coinbase and Binance.
- The project has strong tokenomics, which could push the $DWIFC price up.
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Final Words. Could DogWifCat become the next $BOME?
The project launched at the perfect time, during the meme coin rush. And although it has a simple formula, the early performance shows a gigantic investor interest. And just like $BOME, this explosive Solana meme coin launched without utility. The lack of utility didn’t stop $BOME from capitalizing massively. And it shouldn’t stop $DWICF, either.
But if $DWIFC continues growing at the same rate it has so far, it is hard to predict its limits. Analysts say DogWifCat could reach a $400 million market cap in the next few weeks. If the community shows the same interest in DogWifCat, the project could grow massively and become the best Solana meme coin.
Also, it will be interesting to follow what will happen with Solana and Solana-based coins. Many experts believe Solana will crash during 2024 because mostly FTX-associated companies backed it.
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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
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