BONK, PEPE & Solana Meme Coins Rise While Bitcoin Falls

The popularity of meme coins seems to continue to increase while Bitcoin is falling, for example PEPE has risen by 3% today, BONK by 6% and Solana meme coins in particular are in the green numbers today.

These developments, in combination with the declining Bitcoin dominance, may be a sign that altcoins and meme coins may become more valuable in the near future. In this article we look at how Bitcoin dominance is declining, while meme coins are getting a lot of attention today.

Bitcoin dominance is declining – is this the start of a new meme coin season?

On Friday morning, Bitcoin turned light green with a rise of 0.4% to $64,407 in the past 24 hours. Meanwhile, Bitcoin dominance appears to be on a downward trend, meaning that the total market capitalization of altcoins is growing proportionately faster than that of Bitcoin.

This means that more and more investors are putting their money into altcoins, especially because altcoins can rise (and fall) faster than Bitcoin. This makes altcoins more attractive than Bitcoin for many investors, depending on how much risk they are willing to take on.

If Bitcoin experiences the next pump, without Bitcoin dominance increasing significantly, altcoins could benefit from a massive influx of capital. As a result, certain altcoins will rise much faster than Bitcoin.

Meme coins in particular can rise quickly because they are one of the most volatile classes of crypto coins and often have a lower market capitalization. This means that less capital is needed for a meme coin to rise rapidly.

For example, on Friday morning we see how meme coins are performing, while most major altcoins have risen by less than +1% in the past 24 hours, or even fallen.

Meme coins on Solana in particular are very popular at the moment, examples of which in the image above are Dogwifhat (WIF), Bonk (BONK), Book of Meme (BOME), Cat in a dogs world (MEW), and Popcat (POPCAT). Popcat is very impressive today and is up 35% in the last 24 hours.

While it can be risky to have money in crypto, it seems even riskier to have no money in crypto at all. The coming months could mark the start of one of the biggest crypto bull runs of all time, which is why investors are taking the chance to get in now while Bitcoin is still below $65,000.

Which crypto memes to buy after Bitcoin falls?

The potential of Solana meme coins is difficult to underestimate, so with a bit of luck you can find a meme that rises +100% in a short time. In addition, you have the chance that you have found gold and that your investment will go x100, which happens regularly in the meme coin sector.

In this article, we look at some promising crypto memes with a strong team and liquidity pool, giving them the potential to make a lot of money for early investors. These meme coins are temporarily for sale in a presale, so that you can benefit from a low price before these crypto gems are launched on exchanges.

Dogeverse (DOGEVERSE)

In the 2021 bull run, there weren’t many choices when it came to blockchains when it came to meme coins, so most investors opted for Ethereum and the Binance Smart Chain. Today the choice is much wider with chains such as Solana, Polygon, Avalanche, Base and more supporting meme coins. Dogeverse (DOGEVERSE) is a new crypto meme that will launch on 6 popular chains.

Not only will you be able to find Dogeverse on Ethereum, the Binance Chain, Polygon, Avalanche, Solana and Base, but you can also switch chains via a bridge. This gives DOGEVERSE a lot of exposure, making it more likely that this meme coin will go viral, allowing early investors to make a lot of money.

Dogeverse’s presale has raised over $11.1 million and offers you the opportunity to buy and stake the meme coin for $0.000302 each for passive income. Soon DOGEVERSE will be launched at a higher price and the meme could become even more valuable.

Wiener AI (WAI)

WienerAI (WAI) is a meme coin based on AI and could therefore benefit from the expected bull run on AI coins. Wiener is a Dachshund on Ethereum who is part dog, part sausage, and part AI.

The new meme coin has a promising roadmap, in which the team first focuses on presale and marketing, then on an AI upgrade and going viral on Ethereum and finally listings on centralized exchanges, such as Binance.

$300K! Viennese woofs!

Our Sausage Squad Is Unstoppable! 🌭🚀 pic.twitter.com/Ng3ii6WZcy

— WienerAI (@WienerDogAI) April 24, 2024

You can purchase WAI in the presale for $0.0007 each, with the opportunity to earn additional tokens by staking them. After WienerAI launches its coin on Ethereum, its price could skyrocket and you could sell the meme coin for a profit.

Slothana (SLOTH)

One of the most promising Solana meme coins of the moment is Slothana (SLOTH) which has raised more than $15 million in just a few weeks. The benefit of the presale is that everyone pays a fair low price of 0.0001 SOL per SLOTH, but you now have less than 3 days to claim tokens at this price.

Slothana is a ‘hard-working’ sloth who is ready for early retirement and therefore decides to get his money from crypto. The sloth aims to help his community with this, so that they too can put down work and enjoy a cocktail on a tropical island.

🎬🌵 Are you feeling lucky, sloths? 🎰 With just 3 days left in the presale, it’s time to saddle up and make your move. Are you gonna sit there, or are you gonna join the ride to the moon with Slothana? The choice is yours. Make it count. 🔥🦥 #Slothana #memecoins pic.twitter.com/lnyqisy2EB

— Slothana (@SlothanaCoin) April 25, 2024

With less than 3 days to go, you can still buy SLOTH for 1 SOL per 10,000 tokens and you will receive these tokens in your wallet as an airdrop after the presale. This means that you will soon automatically receive your tokens and be able to trade on Solana shortly afterwards.

Disclaimer: This article contains insights from independent authors and is not part of BitcoinMagazine.nl’s editorial content. This is not investment advice, please do your own research.