As ‘AQUACAT’ reignites Solana Meme Markets, Dogeverse Readies for Exchange Debut with $13M Raised
In a surprising turn of events, the Solana meme coin market has been set ablaze by the new cat-themed coin ‘Aqua Cat on SOL’ (AQUACAT), which saw an overnight price surge of 33,895%. Meanwhile, the soon-to-launch meme coin, DOGEVERSE, is gearing up for its exchange debut after raising $13M.
Explore the latest trends in the Solana meme coin market, including the meteoric rise of AQUACAT and the promising potential of DOGEVERSE.
AQUACAT’s Unprecedented Price Surge
AQUACAT, a unique sea-otter coin masquerading as a cat, has taken the Solana meme coin market by storm. After launching at 17:00 UTC on May 5, AQUACAT’s price climbed by an astounding +338,000% to hit an all-time high of $0.00134 at 13:00 UTC on May 6. Despite a subsequent consolidation, the coin’s price has remained in a well-defended range between support at $0.0007 and resistance at $0.0012.
Is AQUACAT the Next POPCAT?
Given AQUACAT’s current market cap of $891k and the potential for a 100x move, it’s possible that this new entrant could follow in the footsteps of POPCAT and dominate the cat coin vertical. However, with buy-sell pressure evenly balanced and minor bearish divergence in the RSI, a dip lower could be the catalyst for the next upside move.
DOGVERSE: A Promising Investment Opportunity
While AQUACAT is making waves in the cat coin market, DOGEVERSE is poised to take the dog coin vertical by storm. Built on Solana and deployed on multi-chain launch, DOGEVERSE recently raised $13m in a presale, with a limited number of tokens remaining for purchase ahead of a series of CEX launches. As the first multi-chain DOGE incarnation, DOGEVERSE aims to quickly become a top meme coin on Solana.
Conclusion
The Solana meme coin market is witnessing some exciting developments, with AQUACAT’s unprecedented price surge and DOGEVERSE’s promising potential. While AQUACAT could follow in the footsteps of POPCAT and dominate the cat coin vertical, DOGEVERSE is poised to make a significant impact in the dog coin market. As always, investors should exercise caution and conduct thorough research before diving into these high-risk assets.
