This increase has attracted a lot of attention from investors. Some analysts are now speculating about what the next crypto meme will take off.
Dogecoin price analysis
The Dogecoin price has risen by as much as 17% in the last 48 hours. This brings the popular crypto meme coin to a current value of $0.204. Trading volumes have also increased, with more than $5.5 billion worth of DOGE traded in the past 24 hours, indicating growing interest in the coin.
One of the reasons behind Dogecoin’s rise is the speculation surrounding its possible integration into the social media platform X (formerly Twitter). Rumors suggest that Dogecoin payments could be implemented on X, and an X team member recently hinted that “2024 will be the year of X payments.”
Given Elon Musk’s known preference for Dogecoin, it is not inconceivable that DOGE will be introduced as a payment option on the platform. Although these rumors remain unconfirmed, investors are buying the DOGE meme coin en masse in the hope of a possible collaboration that could further increase DOGE’s price.
New crypto meme Dogecoin20 rides on the hype
In addition to Dogecoin, a new crypto meme is attracting, Dogecoin20 (DOGE20), also the attention. This coin recently surpassed $10 million in its initial coin offering (ICO) and is seen as a more environmentally friendly and secure alternative to Dogecoin.
DOGE20 was developed on the Ethereum blockchain, which means it uses the Proof-of-Stake system, which is known for its efficiency and security. With the presale having already raised over $10 million and less than 24 days to go, DOGE20 looks like a promising project for investors. This is also the reason that Dogecoin20, together with Dogecoin, has a place in our list of top 5 meme coins with x20 potential.
Is Dogecoin20 the best crypto investment?
One of the most attractive aspects of DOGE20 is its low entry price of just $0.00022, making it accessible to crypto investors. Additionally, DOGE20 offers an early strike option, allowing holders to generate passive income.
This, combined with the promise of being part of a community that contributes to good causes, has made the coin popular among investors looking for both financial returns and social impact.
The upcoming launch of DOGE20 on its first decentralized exchange in April and its planned open market listing on “Doge Day” increase the price forecast of Dogecoin20 Furthermore. The timing of this listing, which coincides with the next Bitcoin halving event on April 20, could also contribute to this new crypto meme coin rising significantly.
Crypto meme Slothana (SLOTH) is also attracting attention
In addition to the developments surrounding Dogecoin and DOGE20, there is another crypto meme that is attracting attention in the market: Slothana (CLOSING). This new presale token based on a sloth in an office has already raised over $1.5 million during its presale.
Participating in the Slothana presale is surprisingly easy. Investors can use the official website Buy $SLOTH tokens with Solana ($SOL), at an exchange rate of 10,000 SLOTH per SOL. This means that the value of the $SLOTH tokens is directly linked to the value of Solana. Should Solana increase in value, the SLOTH tokens will automatically become more valuable, which offers an interesting advantage for early investors.
🌿🦥 Wow! Sloth’s jaw is dropping at the SOL flooding in from our slovenly supporters! 😱 What a bunch of lazy legends! Let’s take Slothana to the moon! 🚀 And remember, only send from your onchain wallets – Sloth can’t airdrop to exchanges!💸🙅♂️ #Slothana #MemeCoin #LazyLegends
— Slothana (@SlothanaCoin) March 28, 2024
Slothana uses a send-to-wallet airdrop system for obtaining tokens, which simplifies the process for users. The project has not set a hard limit for the presale, meaning it could end at any time.
The mysterious identity behind Slothana and the connections to the successful crypto project Smog make many analysts very enthusiastic about this project. Moreover, given the success of other meme coins on the Solana blockchain, such as Slerf, it seems that sloths could become the next big thing in the crypto hype.
With plans to launch on its first exchange soon and hold a major airdrop for token holders, Slothana could be an attractive option for investors looking for a ‘lazy’ way to make money in the crypto market.
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
Source: https://bitcoinmagazine.nl/nieuws/dogecoin-koers-0-20-nieuwe-crypto-meme-doge20
