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Is DogWifHat on the Brink? WIF Price Dips 5% as Focus Turns to This Other Solana Meme Coin
Tim Hakki
Last updated:
May 9, 2024 07:19 EDT | 2 min read
In the last 24 hours, WIF has fallen 4.8% and currently trades at $2.80. That makes it the biggest intraday loser among the top seven meme coins by market capitalization
The market leaders’ depreciation over the same period was also more muted. Original cryptocurrency Bitcoin ($BTC) fell 2.5% and changes hands at $60,800. Ethereum ($ETH) only dropped 1.5% and currently trades for $2,956.
Original meme coin Dogecoin ($DOGE) tracked Bitcoin overnight and fell 3.2% to trade at $0.144 as of Thursday, May 05.
Meanwhile, Pepe Coin ($PEPE) actually rallied a bit.
The most popular coin honoring Pepe the Frog rose 0.2% to trade at $0.057923 as of this writing
DogWifHat is still the leading Solana meme coin with a market capitalization of nearly $3 billion. WIF’s two closest contenders, the $1.5 billion market cap bonk Bonk ($BONK) and the $720 million Book of Meme ($BOME), have both fallen 2-3%.
Over on WIF’s trading chart we can see the token rallied in step with broader market movements throughout March.
Unlike the market leaders, WIF continued rallying strongly at the end of March and actually rose to set a new all-time high of $4.83 on March 31. Today’s price represents a 42% decline since then
Forget DogWifHat, Sealana is Solana’s Next Viral Meme Coin
DogWifHat is an adorable meme but it’s not exactly fresh. In a sector led by coins that have market caps in the tens of billions, it’s not likely to stand out over its more stalwart rivals.
Solana’s Sealana ($SEAL) the all-American redneck seal has already raised over a $300,000 in a hilarious new week-old presale
Sealana is a spin on South Park’s viral Gamer Guy, aka Fat Computer Nerd.
Gamer Guy appeared in the hit cartoon’s side-splitting World of Warcraft episode and became a viral meme all on his own thanks to his milk-bottle glasses, screen-locked stare, messy room and gravity-defying girth
He has symbolized anyone from the legions of disgruntled keyboard warriors writing sharp, acerbic opinions in internet comments sections, to a kind of Everyman – a symbol of the idler in everyone.
Sealana is Web3’s Everyman, beached at his desk and ballooning by the day. When he’s not making filthy degen trades, Sealana’s roving flippers reach for the sustenance of chips and tinned tuna
For every 1 SOL, investors get 6,900 $SEAL tokens after the ICO’s concludes Users can pay using a widget on the website or by sending SOL from a decentralized wallet to this address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
Follow the latest developments on Sealana’s X account.
Buy Sealana at the official website here
Follow Us on Google News Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.