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Cryptocurrency News Articles

Despite a Slight Slowdown in the Bull Run, Meme Coins Continue to Surge

May 22, 2024 at 03:39 am

This sustained momentum highlights the unique appeal and viral potential of meme coins within the crypto market.

Despite a Slight Slowdown in the Bull Run, Meme Coins Continue to Surge

Meme coins continue to surge despite a slight slowdown in the bull run, with some of the leading tokens experiencing substantial returns. This sustained momentum highlights the unique appeal and viral potential of meme coins within the crypto market.

Investors are drawn to these tokens not just for their whimsical nature, but also for the opportunity to achieve rapid and significant gains. Additionally, many meme coin presales are hitting new highs and have the potential to outperform traditional digital assets upon their launch.

Here are the latest updates on some of the top meme coins and presales:

Dogeverse, one of the standout meme coin presales of 2024, has already garnered over $15 million, attracting significant attention ahead of its upcoming exchange launch.

Dogeverse, one of the most notable meme coin presales of 2024, has already raised over $15 million, attracting considerable attention ahead of its upcoming exchange launch. The project will operate $DOGEVERSE on six different blockchains including Ethereum, Polygon, Solana, Avalanche, Base, and BNB Chain.

A key aspect of this strategic rollout is that presale buyers can claim their tokens on their preferred blockchains directly. This means buyers won’t need to claim their $DOGEVERSE tokens on Ethereum first and then transfer them to other chains—they can claim them directly on the desired blockchain.

This approach underscores the project’s dedication to user convenience. Moreover, this strategy ensures smooth interoperability and offers users greater flexibility to engage with Dogeverse on their preferred chains. It is also expected to enhance the trading experience by optimizing processing speeds and costs.

$DOGEVERSE tokens are currently priced at $0.00031 each. Once the presale ends, Dogeverse will be listed on a major decentralized exchanges (DEXs) followed by listings on other top centralized exchanges. To stay updated on the latest developments regarding the Dogeverse presale, follow their X account and join their Telegram channel.

The new Solana meme coin Sealana has already reached a significant milestone, raising $2.1 million in its ongoing presale, indicating strong potential for this emerging meme coin. With an amusing backstory and rumors linking the Slerf team to its creation, analysts are optimistic, with some suggesting a potential 100x increase.

Inspired by the popular U.S. sitcom South Park, Sealana portrays a comedic narrative of a foul-mouthed seal who abandons life at sea to pursue the meme coin dream. In addition to its impressive presale funds, Sealana’s social media presence is rapidly expanding, with its follower count recently surpassing 5K.

#Sealana and his closest bros are stormin’ the Capitol to defend all #Crypto patriots, Sealana and his $SEAL troops are fightin’ for our right to Lambos 🏎️, Gains 💸, and FREEDOM!! 💪🦭Stand with Sealana! Join the #Presale, 💵 and restore the former glory of #Memecoins!💥 pic.twitter.com/Sv1fGVm8ry

— Sealana (@Sealana_Token) May 20, 2024

Prospective presale investors now have various ways to acquire $SEAL token. Similar to other Solana presales like Book of Meme and Slerf, they can contribute $SOL to the project’s wallet address and await an airdrop post-presale.

Alternatively, they can utilize the buy widget on the presale website, connect their wallet, and purchase directly using $SOL, $ETH, $BNB, or a bank card. With the Sealana team consistently rolling out new features and engaging social media content, the project’s presale success is gaining momentum.

However, since there is no predetermined hard cap, the presale could end at any moment. Stay updated by following Sealana on X or joining its Telegram channel.

Floki has announced the date for its latest token burn. Specifically, 15,246,000,000 $FLOKI tokens were burned following a nearly unanimous 99.84% vote by the Floki Community, particularly the Floki DAO. The burn date is set for May 22, 2024.

The community has promised to provide updates soon, and the Floki Army is optimistic about a price surge following the burn. This news has already spurred bullish activity, with the current $FLOKI price at $0.000223, a 24-hour trading volume of $325.91 million, and a market cap of $2.13 billion.

$FLOKI’s price has increased by 10.63% in the last 24 hours. The token is trading above the 200-day simple moving average of $0.0000969. According to technical indicators, the sentiment is bullish, and the Fear & Greed Index stands at

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