Dogwifhat Lost Over 8% in One Week – Investors Focus on New Meme Coins


Even though it was forecasted to be one of the top performers in the summer bull run, Dogwifhat (WIF) is going through some setbacks currently with a solid drop over the past week.

What’s interesting is that WIF is one of the rare SOL-based meme coins that plummeted in May, with PEPE, BONK, and BOME all trading in green.

Although there’s a chance for WIF to recover its losses soon, investors are currently focusing on new meme coins for a chance to make a profit – Dogeverse ($DOGEVERSE), Sealana ($SEAL), and WienerAI ($WAI).

Let’s check out the details.

Dogwifhat Drops 8% Due to Several Factors – Can These New Meme Presales Outperform It in the Upcoming Weeks?

The price of the Dogwifhat (WIF) token has recently dropped, signaling that bears have taken control of the Dogwifhat market. This Solana-based meme coin experienced a significant decline, hitting monthly lows on Sunday afternoon.

To be specific, Dogwifhat (WIF) dropped by a bit over 8% in the last week.

Dogwifhat Drops

This drop below the crucial $3 support level raised concerns among investors. According to technical crypto analyst Seth Fin, this support level is pivotal. If WIF can maintain its current position above $2.50, it might see further gains. However, failing to hold this line could mean a decline towards $1.60.

The importance of the $2.50 support level can't be understated. It acts as a critical threshold, determining the potential for either a bullish reversal or a deeper bearish trend. Investors are closely monitoring this level to assess the market's next move.

With other meme coins based on the Solana blockchain trading in green, WIF isn’t considered a smart investment at the moment.

Instead, if you’re looking for profits, you should focus on Dogeverse ($DOGEVERSE), Sealana ($SEAL), and WienerAI ($WAI). Below, we’ll check out the details.

Dogeverse ($DOGEVERSE) Is Raising the Bar in the Meme Space as the First-Ever Multichain Token with Six Available Blockchains

Dogeverse is making headlines as the world's first multichain meme coin. Unlike traditional single-chain tokens, Dogeverse operates across multiple major blockchains, including Ethereum, BNB Chain, Polygon, Base, Avalanche, and Solana. This allows users to interact within various ecosystems, significantly improving its usability.

The coin revolves around Cosmo the Doge, adding an entertaining narrative to the project, and resonating well with the community.

The presale has been a tremendous success, raising over $250,000 within minutes, surpassing $4 million in just a week, and currently exceeding $15 million. This rapid fundraising indicates strong investor confidence and interest in the project's potential.

Furthermore, the token's design incentivizes holding through rewards and staking opportunities, promoting a sustainable model that enhances its long-term value.

Sealana ($SEAL) Brings South Park-Based Mascot and a “Direct-to-Wallet” Presale that Raises Over $2.2M in Weeks

Sealana is a new meme token on the Solana blockchain, following the humorous story of an overweight and lazy American Redneck seal. This character draws inspiration from the 'World of Warcraft Guy,' a popular figure from the South Park series.

Sealana is currently conducting a unique 'Send to Wallet' style presale. Investors can receive $SEAL tokens by sending SOL to Sealana’s wallet address. Alternatively, tokens can be purchased directly from the Sealana presale website. This easy process has attracted many participants.

To join the Sealana ICO, investors can transfer SOL tokens to the following wallet address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.

Once the transfer is processed, $SEAL tokens will be automatically deposited into your crypto wallet. Currently, 1 SOL will get you 6,900 $SEAL tokens. In just a few days, the ICO has already raised nearly $2.3, reflecting strong interest from the community.

While this meme coin may not have inherent utility, it thrives on its comedic appeal. Sealana is capitalizing on the recent surge in popularity of Solana-based meme coins, with other tokens like Solama and Popcat delivering impressive returns.

WienerAI ($WAI) Is the Latest Doge Sensation but With Added Artificial Intelligence Utility – Massive Profits Expected After Listing

WienerAI is a unique meme coin powered by artificial intelligence, offering users AI-related perks.

The token aims to present a softer, more approachable image of AI. Due to its AI-driven nature, WienerAI is upgradeable, allowing for the introduction of innovative new use cases over time.

The project’s tokenomics are straightforward. There are 69 billion WienerAI tokens in total. Of these, 20% is allocated for staking, another 20% for marketing, 10% for community rewards, 10% for DEX listing, and the remaining 40% is designated for the ongoing presale.

Since its ICO launch, WienerAI has raised over $2.4M. Currently, $WAI is available for as low as $0.000709, making it an attractive option for early investors. The combination of AI integration and simple yet effective tokenomics positions WienerAI as a promising player in the meme coin space.


Are you on the hunt for the next meme coin sensation in 2024?

If so, you might be evaluating whether some recent hits such as WIF might be worth an investment, but seeing its recent performances, analysts warn against it.

Instead, they say that massive profits are much more likely to happen with presale coins like Dogeverse ($DOGEVERSE), Sealana ($SEAL), and WienerAI ($WAI).

Just don’t wait too long to get in and risk missing out on the current low prices!

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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