GME Meme Coin Soars as ‘Roaring Kitty’ Makes a Comeback, Dog Meme Coin Up Next
By Sam Cooling
Last updated: May 14, 2024, 13:22 EDT
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Reading Time: 2 minutes
Meme coins based on the Ethereum platform are experiencing a surge in popularity once again, thanks to the return of Roaring Kitty, the trader who sparked the GameStop frenzy. One such Ethereum-based coin, GME, is currently seeing a significant increase in value, and experts are now predicting that another token, the Dogeverse, could be the next big thing in the market. This article will analyze the current price trends of GME and explore whether investing in Dogeverse might be a more promising opportunity at this time.
GME tokens have been dominating the meme coin market since Roaring Kitty’s return, but the one we will be focusing on in this analysis is leading the pack by a wide margin. After all, what matters in meme coins is gaining traction.
GME Price Analysis: Is the Next Coin to Watch Dogeverse, as Roaring Kitty Sparks a Surge in GME Meme Coins?
At the moment, GME is holding strong at the top spot on DEXTools, with GameStop trading at a market price of $0.00001737 (a 24-hour change of +0.98%). The GME token has shown strong upward potential for the past two days, and with the price currently consolidating above the lower support at $0.00000064, it is poised for a resurgent move to the upside.
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With the possibility of a second rally on the horizon, GME now needs to attract fresh retail capital, as it currently has a market cap of $7.3 million. Late-stage investors could potentially see a 5x return on their investment, but this might not be appealing to many traders.
Despite the excitement surrounding GameStop, buy pressure seems to be struggling. A look at the order book reveals that only 54% of transactions over the past hour have been buy orders. This is why smart money investors are shifting their focus to a more promising trade: the emerging DOGEVERSE project. This project has recently completed a successful multi-million presale raise and offers retail investors a final opportunity to invest before it gets listed on major tier-1 cryptocurrency exchanges in the second quarter of 2024.
Discover the Potential of Dogeverse before its Major Exchange Listings in Q2 2024
Known as the “chain traveling Doge,” Dogeverse has the ability to function across multiple blockchain networks, including Ethereum, BNB Chain, and Solana. This versatility makes it a strong contender in the meme coin market. With 15% of its 200 billion supply available for investment, early investors have the potential to see significant gains after the $15 million raise.
The project’s structure and potential for high returns, including an impressive +582% APY return for stakers, highlight its ambitious roadmap. High APY staking has been gaining popularity recently, and Dogeverse is set to take the spotlight.
Beyond its playful appearance, Dogeverse offers real utility by seamlessly integrating with different blockchain environments. This not only enhances accessibility but also provides convenience for investors.
Click here to participate in the Dogeverse presale.
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Disclaimer: Cryptocurrency is a high-risk asset class. 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.
