FTX Mania Continues as SBF Token Surges 84% and Experts Predict the Next Big Coin
By Sam Cooling
Updated: May 1, 2024 11:37 EDT
| 2 min read
SBF token, the popular Solana meme coin inspired by Sam Bankman Fried, has experienced a massive rally due to FTX’s influence. However, it seems that another viral cryptocurrency is now taking the spotlight.
In this article, we will analyze the current price trends of SBF token and explore whether the innovative meme coin, Dogeverse, presents a more promising investment opportunity.
The surge in SBF token can be attributed to the viral AI-generated memes featuring Sam Bankman Fried on X. These memes quickly caught the attention of retail investors who were previously affected by the FTX disaster.
Analysis of SBF Token Price: Could This Other Coin Be the Next Moon-Shot After Sam Bankman-Fried’s Inspiration?
As the price continues to rise, SBF token is currently being traded at a market price of $0.000681, indicating a 24-hour change of +19.42%.
This comes after SBF token made a remarkable recovery from the brink of collapse at 13:00 UTC on April 24. This move resulted in multi-day gains of +444%.
While SBF token has returned to a local high of $0.001, it is still far below its original all-time high of $0.012 on March 28.
Nevertheless, the resurgence in SBF token’s price is significant and brings relief to 2,860 investors who were previously underwater. The project’s market cap has also increased to a more respectable $522k.
This suggests that late-stage investors could potentially see returns of 5x-10x, but this is dependent on the continued virality of an imprisoned man (a high-risk proposition indeed!).
For this reason, smart investors are turning their attention to the viral presale of DOGEVERSE, a multi-chain dogcoin investment opportunity.
Introducing Dogeverse: The Cross-Chain Unification of DOGE – a Potential 100x Investment?
Dogeverse (DOGEVERSE) is a new meme coin project centered around the theme of dogs. It is currently in active presale and has already raised over $12m.
The presale is being conducted across multiple chains, including Ethereum, Avalanche, Base, and Solana. The project’s developer believes that this approach provides equal access to everyone and accelerates its growth, making it a force to be reckoned with in the crypto market.
Given the current market trends, the highly sought-after Dogeverse presale is expected to attract more users searching for profitable meme coins. Supporters believe that Dogeverse has the potential to reach a $1 billion market cap in the coming weeks, following in the footsteps of BONK and BOME.
To stay updated on the latest news about Dogeverse and connect with the presale community, follow Dogeverse on X and join the Telegram group.
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Disclaimer: Crypto investments are high-risk. This article is for informational purposes only and should not be considered as investment advice. There is a possibility of losing all of your capital.