The same Bitcoin coins, the new goose that lays golden eggs
After several weeks of explosion, a risk of selling puts an end to the attraction of investors for meme coins. But don't turn away just yet: the same Bitcoin coins could quickly take over and perform some miracles this week.
Indeed, the more the price of Bitcoin continues to skyrocket, the more investors become interested in the tokens in its ecosystem. It is the same coins which benefit the most from the fallout with tokens such as PUPS, DOG•GO•TO•THE•MOON (DOG), BILLION•DOLLAR•CAT (BDC) or MEME which have seen their value increase up to 35% in just 24 hours.
Even more impressive, the new meme coin CYPHER•GENESIS (CYPHER) saw an increase of over 77%.
You will therefore have understood, dog-headed coins are to be followed again, undoubtedly boosted by the recent explosion of Dogecoin. Among the Bitcoin meme coins, DOG is the most watched at the moment. Now at $0.0077, it must exceed the resistance of $0.008 and then rise to $0.01. But be careful, its recent rise is largely due to the accumulation of four crypto whales. So beware of pump and dump!
On Solana, the trend persists
Meme coin trading enthusiasts are rather wary of Solana meme coins and yet they have not said their last word. Six of them have exceeded a billion-dollar market capitalization, two of which are in the top 30 best cryptos on the market.
Dogwifhat (WIF), Bonk (BONK) and Peanut the Squirrel (PNUT) win all the stakes while the price of BONK has gained 16% in the last hours. Finally out of its consolidation phase, this one reveals itself as the next meme coin that will explode.
As for CAT, the licensed token of the famous Simon's Cat, it continues to establish its domination on the BNB blockchain while also landing on that of Solana. A strategy that could attract new investors and give rise to a generous bull run.
The moral of the story: whoever finds good Bitcoin coins finds a treasure.
Disclaimer
Disclaimer: In accordance with The Trust Project guidelines, this price analysis article is intended for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased information, but market conditions may change without notice. Always do your own research and consult a professional before making any financial decisions.
