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The Hottest Presale

DogWifHat Holders Move to New ICO, Targeting 1,000% Gains

Tim Hakki
Last updated: | 2 min read

Popular Solana meme coin DogWifHat ($WIF) is having a bad day.

The price of the over $2 billion market cap coin sank 8.6% overnight and 12% over the week to trade at $2.33 at the time of writing.

The only meme coin that faired worse among the ten biggest was Floki ($FLOKI). Floki dropped 10% overnight and a staggering 30% over the week to trade at $0.0001838.

Compared to its competitors, the $19.4 billion market cap Dogecoin ($DOGE), which launched back in 2013 and inspired both Floki and DogWifHat, posted more muted losses of 3% overnight and 8% over seven days to trade at $0.1321.

Accordingly, market leader Bitcoin ($BTC) is also down today.

However, Bitcoin’s losses are nowhere near as bad as those found among typical meme coins.

The world’s number one cryptocurrency only shed 2.3% overnight and 5.1% over the week to trade at $65,134.

DogWifHat’s trading chat shows the token has generally found resistance at $3.50, although at the end of May it briefly hit $4 before correcting to its current position. The meme coin hit an all-time high of $4.83 on March 31, although its current price suggests a pullback of more than 50%.

Source: TradingView

Its relative strength index (RSI) right now is 32 and falling, which indicates heavy selling pressure that could continue throughout the day to depreciate the token further.

If the support at $2.10 doesn’t hold (green line) then WIF may be heading back to $1.50.

Move Over DogWifHat, Solana’s Got a New Viral Meme Coin: Sealana

DogWifHat’s native blockchain, Solana, is cultivating a thriving community to compete with Ethereum for commerce.

Solana currently hosts a digital economy storing over $4.2 billion in total value locked (TVL) across various apps and financial services, with 1.6 million active users transacting daily and over 2,500 monthly active developers.

When the dogecoin joke gets old, Solana’s Sealana ($SEAL) will be Solana’s next hot meme coin. He’s a spin on South Park’s viral Gamer Guy, aka Fat Computer Nerd. The all-American hillbilly seal has already raised over $4 million in a hilarious new ICO that will end in just over a week.

Gamer Guy first appeared in South Park’s World of Warcraft episode and, thanks to his milk-bottle glasses, screen-locked stare, messy room and gravity-defying girth, he has since become a symbol of excessive screen use, from keyboard warriors to degen traders and comments trolls.

Both Sealana and DogWifHat will be in prime position when the Solana gold rush begins. By then, it’s likely Sealana will be leading. After all, the meme coin market will probably be a much more diverse place beyond the common run of canine meme coins.

Investors who want to prepare for the gold rush have a little over one week left to snap up $SEAL at a fixed presale price of $0.022.

The Sealana presale concludes at 6PM on June 25. That means this is the last opportunity to get in early before post-listing appreciation potentially blows it sky-high.

Sealana is a very active redneck over on X.

Buy Sealana with $SOL, $ETH, $USDT or $BNB at the official website here.

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.