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Cryptocurrency News Articles

Dogecoin ($DOGE) Will Hit New Lows as New Meme Coins Steal Its Crown

Dec 24, 2024 at 06:00 pm

Dogecoin ($DOGE), like the whole meme coin market, experienced massive growth after Trump's victory in the US election. Then, we had the formation of the Department of Government Efficiency (DOGE) announced by Trump that will be headed by Elon Musk. This would all seem like good news for the original and number 1 meme coin, however, it's now going through a rough patch.

Dogecoin ($DOGE) Will Hit New Lows as New Meme Coins Steal Its Crown

Dogecoin (DOGE) experienced a massive surge in value following Trump's victory in the US election. The formation of the Department of Government Efficiency (DOGE), to be headed by Elon Musk, also seemed like promising news for the original meme coin. However, DOGE has encountered a setback recently.

In the last 7 days, the price of DOGE has fallen by over 24%. This decline is consistent with the trend observed among most of the top meme coins, indicating that there isn't an immediate concern specific to DOGE. Later on, we will delve deeper into the future of DOGE and explain why we believe the key factor to consider is not how high the price will go but rather how low. Before that, we are going to highlight some presale coins that are experiencing the opposite trajectory of these top meme coins.

While most major meme coins have been struggling, some presale tokens have attracted significant investment. Three in particular stand out:

We will now analyze each project and explain why we think so many investors are eager to acquire a piece of the pie.

Find The Best Crypto Presales Here

Wall Street Pepe- The meme coin that wants to beat the whales

The crypto market has been an amazing innovation for the everyday man. The anti-bank, decentralized movement is supposed to allow individuals autonomy over their own money. It really levels the playing field. However, even in crypto, there are advantages and disadvantages to be had. Whales clearly have a huge upper hand over the everyday man. Wall Street Pepe ($WEPE) is about to change that.

They understand that the quantity of investment can’t be changed but what can be is the secret investment groups that the whales keep away from the rest of the market. Wall Street Pepe aims to create a group of their own that will help investors gain the knowledge they need to be able to steal a march on whales.

First of all, just by holding $WEPE, you will get access to one of the best tools any trader can have; Trading Alpha. This will give investors exclusive market insights, signals, and calls. The main place where investors will be able to gain knowledge is the insider group that Wall Street Pepe will create for its investors.

This group is going to encourage each other to share knowledge and information as well as the best trades. There is even room for rewards here. If you have a good trade you can submit it to the group and the project will reward you. Pepe projects are super popular these days after Pepe Unchained ($PEPU) completely the best presale in history recently. We expect something similar here.

Buy Wall Street Pepe Now

Solaxy- Welcome to the very first Solana Layer 2

In general, but especially when it comes to meme coins, this year has all been about Layer 2. What is interesting, however, is Ethereum finally got some competition this year through the Solana network. It’s amazing that as recently as 2023 Solana seemed like a failed experiment and this year, thanks to meme coins on its network it surpassed Eetherum in terms of popularity. Enter Solaxy ($SOLX).

Not only is this the native token for the very first Solana Layer 2, but it is also available on Ethereum. That means this token has the advantages of the two best and most powerful chains. The project has used a very clever formula to show this E = mc2.

Traditionally this formula means energy equals mass times the speed of light squared. However, with this new project, it means that Ethereum and Solana together make Solaxy. The new chain will give investors faster transactions and the fact it is less blocked up will also be very advantageous. Also, investors can avail of the biggest benefit of Layer2; STaking rewards. There are massive ones available with Solaxy.

Buy Solaxy Now

Flockerz- The perfect token for degen investors who want their voice heard

We are always suckers for a good meme coin story. 2024 has seen more projects put effort into the story behind the meme. What Flcokerz ($FLOCK) does is go one step further and incorporate the meme into the point of the project. King Birb is the main bird of this project, he once ruled his flock until one day he accidentally found himself among them. He realized this was much better than being a ruler.

So, instead of going back to being a king, he decided to he would stay among his degen flock and elevate them to decision-makers. This all feeds in perfectly into what Flockerz is all about. This is a vote-to-earn project that wants to give its investors more power than they have ever had before.

This is the perfect project for meme coin enthusiasts. Not only do they get a say in a crypto project, but they even get rewarded for doing so. This is all possible thanks to Focktopia, the revolutionary DOA that rewards investors when they vote. If this

News source:bravenewcoin.com

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Other articles published on Dec 25, 2024