Disclaimer: This is sponsored content. The information on this page is not endorsed or supported by U.Today, and U.Today is not responsible or liable for any inaccuracies, poor quality, advertising, products or other materials found within the publication. Readers should do their own research before taking any actions related to the company. U.Today is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.
Traders are slowly gaining more caution as the market acts unexpectedly, with BOME trending downward and DogWifHat (WIF) retracing from recent highs, memecoin investors are eyeing new presales, hoping for potential gains.
BOME's social dominance and volume have been showing mixed dynamic, impacting its price trajectory. However, it's not necessarily mean that the asset is losing steam.
If BOME finds support at current levels, it could rally towards $0.00705 in the coming weeks, with a base support around $0.005773. Meanwhile, it's currently trading at $0.009036, signaling an uptrend.
Dogwifhat lands on support
While WIF recently traded at $3.46, a drop from its weekly highs near $4.30, the ascending Solana-based meme coin seems poised to test its 21DMA support around the $2.10-30 range.
A dip to the 50DMA at $1.70 is possible, but recent recovery to $2.70 indicates growth potential.
Godlenfish as alternative
The concept of GODLENFISH could be interesting for investors. In a market saturated with meme coins featuring animals, celebrities, and fleeting trends, GODLEN offers a new proposition. It aims to set a new trend or even establish a mascot for meme coins across platforms like Solana, Base, and beyond.
GODLEN onboarded substantial amount of participants, accumulated large numbers of wallets for airdrops and counting.
Utility and features
Just a meme: GODLEN's primary utility is delivering top-tier memes, positive vibes, and the excitement of a fresh mascot.
Staking: They offer diverse staking options, allowing users to stake GODLEN tokens and NFTs. Early stakers in limited pools are going to be rewarded accordingly.
Game: GODLEN game will feature compelling mini-games. From PVP battles to single-player challenges requiring NFTs, players will stake their tokens and skills for rewards. No free rides here; if a contract is revoked, tokens get burned to maintain scarcity.
GODLEN launch on Solana, which was driven by several strategic considerations. Solana boasts a vibrant and expansive community, particularly when it comes to supporting memecoins. Furthermore, Solana's potential for growth is undeniable. With its scalable infrastructure and commitment to low transaction fees, it stands as a formidable competitor to Ethereum. As one of the most socially active blockchains, Solana's engagement metrics serve as a leading indicator of its rapid expansion.
Godlenfish Token Presale:
The Godlenfish presale is ongoing which offers an opportunity for investors to get early. Users can join the live presale here: godlenfish.com
Vladislav Sopov
Dan Burgin
U.Today Editorial Team