Solana Meme Coin Holders Ditch Trump Coin, Bonk and Dogwifhat As 20K Investors Race To Buy This New Crypto

Solana Meme Coin Holders Ditch Trump Coin, Bonk and Dogwifhat As 20K Investors Race To Buy This New Crypto
Trump coin has seen analysts forecast short-term rebounds from its current price; however, the likelihood of a bullish resurgence back to January highs is slim. Could this be the end for Trump coin?
Written By:
Market Trends
Published on

Trump coin is devastated as stagnation ensues following a dip of nearly 20% in the last two weeks. While TRUMP can still recover, it remains to be seen whether TRUMP will ever revisit its near $40 high in January.

BONK and WIF are also setting the stage for a recovery amidst waning confidence from traders. Among Solana meme coins, BONK is set to surge over 100x if meme coin hype makes a comeback. Dogwifhat (WIF) has just scraped the surface of $1 with its price at $0.98; however, is this enough to trigger a bull run?

Meanwhile, Remittix's RTX is gaining traction with its ongoing presale, raising over $15.5 million. Remittix is pioneering the future of cross-border payments in a move anticipated to see RTX surge over 3,000%.

Trump coin pulls back as hype train cools down

After emerging with a surge to highs of nearly 1000x, Trump coin is now pulling back, with its price hovering around $11.22. Trump coin is printing a succession of lower highs, and its price is now in a tight consolidative pattern as market momentum favors the bears.

Trump coin has seen analysts forecast short-term rebounds from its current price; however, the likelihood of a bullish resurgence back to January highs is slim. Could this be the end for Trump coin?

Image source: Coinmarketcap
Image source: Coinmarketcap

BONK rebounds slightly amid a macro downtrend forming

The price of BONK has sustained a downtrend of over 47% on its year-to-date chart, only rebounding by a paltry 3.5 % in the last 30 days. To incentivize engagement, Bonk coin has launched several initiatives, including a kill-to-earn shooter game on Solana's network. 

Image source: Coinmarketcap
Image source: Coinmarketcap

This play-to-earn approach has sparked a bit of interest, but it remains to be seen whether BONK will reclaim its position among Solana meme coins.

Dogwifhat shows signs of a recovery amid waning meme coin frenzy

After registering a precipitous drop from highs of $4 per WIF token, the dog-themed meme coin is now nearing $1 with its price at $0.98 a move that has sparked a fresh bout of excitement around WIF.

Image source: Coinmarketcap
Image source: Coinmarketcap

WIF price predictions forecast an uptick above $1 as the famous Solana meme coin reclaims a price above $3. While WIF's pullback from January highs has spread some anxiety about its future, onlookers are hopeful that WIF will sustain its uptrend.

Remittix's (RTX) on track to surpass most Solana meme coins

If you are holding Trump coin, Dogwifhat or Bonk coin, your investment hangs on the whims of meme coin hype cycles and that is why some savvy investors are looking at Remittix's (RTX) presale, raising nearly $15.5 million in a brief spell.

Compared to most Solana meme coins, Remittix is built on real-world utility through its PayFi protocol that bridges the gap between cryptocurrencies and traditional banking networks.

With Remittix, crypto holders can facilitate crypto-to-fiat payments in near-instant transactions that come at an affordable flat fee. There are zero hidden costs with each transaction and even businesses can set up merchant stores to accept crypto payments using Remittix's PayAPI.

Nearly 70% of RTX's allocated tokens are sold and analysts predict a 3,000% uptick for RTX at launch. Don't be left out.

Discover the future of PayFi with Remittix by checking out their presale here:

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net