- WIF topped meme coin gainers early Monday as the crypto market mirrored a swift spike above $63k for Bitcoin.
- As the market eyes a potential July bounce, could Solciety (SLCTY) be the next Solana meme coin to explode?
According to data from CoinGecko, Dogwifhat (WIF) is outperforming most top meme coins in the market over the past 24 hours. Meanwhile, new Solana meme coin Solciety (SLCTY) has reached $550k in presale as interest skyrockets. Here’s a price forecast for WIF and what that could mean for Solciety.
Dogwifhat surges as meme coins rebound
With nearly 10% gains in the period at the time of writing, WIF is outshining Dogecoin, Shiba Inu, Pepe, Bonk and Floki. Dogwifhat is also the top performing meme on Solana in the past 24 hours and its $566 million trading volume exceeds that of top meme coin DOGE.
The surge on WIF price comes as the altcoin market signaled a potential recovery as prices echoed BTC’s upside.
Analysts at market intelligence platform Santiment recently pointed to negative sentiment and Bitcoin’s low RSI as likely indicators of a fresh bounce. While WIF remains negative over the past month, bulls breaking above $2.50 could reignite interest and allow buyers to dominate the market.
WIF price is up 45% in the past week and a similar trajectory in coming weeks could see the meme coin closer to the all-time high of $4.83 reached in March.
Solciety – the new SOL meme eyeing PolitiFi dominance
Solciety is a new meme coin on Solana that’s already creating waves in the PolitiFi space.
After opening its presale on June 18, the project has quickly attracted over $550,000 from early investors eyeing a potential gem.
As the 15-stage presale picks momentum, it’s inevitable the kind of interest Solciety is garnering could see it become the next top Solana meme coin. Dubbed the “political party for degens,” Solciety enters the market as investors eye meme coin summer and as political heat intensifies ahead of US 2024 election.
What sets Solciety apart from other PolitiFi tokens?
Constitution DAO (PEOPLE), MAGA (TRUMP) and Jeo Boden (BODEN) are currently among the top PolitiFi tokens, which have seen decent gains as investors savour the mix of politics and memes.
While parody, viral moments and satire drive these and other projects, Solciety enters the ecosystem with a novel approach likely to propel it…