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GameStop, the unique meme inventory that exploded simply earlier than Dogecoin took off in 2021, roared again to life this month. The inventory jumped from $11 at the start of Could to a excessive close to $50 earlier than settling into new help.
The transfer has many merchants questioning—may 2021 repeat itself? If that’s the case, a surge in meme coin costs may quickly observe as GameStop merchants shift to the crypto market.
GameStop Token Continues to Soar
The surge in GameStop shares got here on the heels of a tweet by dealer Keith Gill, higher generally known as Roaring Kitty after his deal with on X and Reddit. Roaring Kitty posted a picture of a gamer sitting ahead and retweeted his unique thesis about GameStop inventory from 2020, indicating that issues have been about to warmth up round $GME inventory.
— Roaring Kitty (@TheRoaringKitty) Could 13, 2024
His prediction rapidly got here true as merchants heeded the decision to motion and pushed GameStop practically 500% greater in simply 2 days of buying and selling. The inventory has since fallen to help round $20—roughly 70% above the price stage it had been buying and selling at previous to Roaring Kitty’s tweet.
To many inventory analysts, meaning the pump isn’t over but. Trading quantity in $GME stays nicely above regular, and it’s probably that the inventory will fall under $15 when its meme momentum absolutely runs out.
Within the meantime, merchants are already attempting to find out what may pump subsequent. Whereas some are pointing to different meme shares like AMC and Robinhood, the consensus is that the crypto market is the probably to surge subsequent as meme merchants search for their subsequent goal.
Which Meme Cash Might Pump Subsequent? 4 Tokens To Watch
In 2021, meme merchants migrated from $GME to $DOGE, pushing the worth of Dogecoin up greater than 10,0000%. Many merchants predict the identical factor may occur once more, however with newer meme cash as a substitute of $DOGE.
Meaning the race is on to find out which token will turn out to be the face of this cycle’s meme rush. Listed below are 4 tokens to look at which have the potential to ship monumental pumps.
Dogeverse
Dogeverse is an thrilling new multi-chain meme coin launching on 6 blockchains concurrently: Ethereum, Solana, Avalanche, Binance Good Chain, Polygon, and Base. The $DOGEVERSE token presents multi-bridge utility that makes it extremely simple to maneuver property between chains with low gasoline charges.
That’s an enormous deal for blockchain interoperability. $DOGEVERSE may set a brand new commonplace for cross-chain DeFi, buying and selling, gaming, and extra, all whereas entertaining with its doge-inspired memeness.
The challenge caught the eye of many crypto merchants and buyers even earlier than the GameStop pump. Its presale raised greater than $15 million, and it’s headed into its remaining days with plenty of momentum. Analysts like Jacob ‘Crypto’ Bury predict that $DOGEVERSE will rocket greater after it lists on DEXs on 6 of the preferred networks on the identical time.
The presale ends in simply 3 days, so merchants need to hurry in the event that they wish to purchase $DOGEVERSE earlier than the pump begins.
Go to Dogeverse Presale
PlayDoge
PlayDoge is one other doge-themed meme coin that’s already catching merchants’ consideration simply 48 hours into its presale. Over the primary 2 days of the $PLAY ICO, the challenge has raised greater than $440,000—a formidable feat for a brand-new token.
PlayDoge’s potential derives from its distinctive and thrilling play-to-earn crypto sport, which rewards gamers with $PLAY tokens for caring for a digital doge companion pet. Gamers also can earn $PLAY for finishing aspect adventures with their doge. The sport is a bit like Tamagotchi, the 90s-era hit sport, however with higher graphics, extra methods to play with the companion pet, and a meme-inspired theme.
At its peak within the Nineties, Tamagotchi bought greater than 82 million items. Right this moment, in a extra linked world and with cellular apps for iOS and Android, PlayDoge may probably attain tons of of tens of millions of gamers.
Early buyers within the PlayDoge presale can lock in $PLAY at a price of solely $0.005. Plus, the presale presents staking rewards up to 689% APY.
Go to PlayDoge Presale
Sealana
Sealana is among the latest Solana meme cash and lots of analysts assume it has the potential to problem $WIF, $BONK, and $MEOW for meme dominance on this red-hot blockchain. Sealana has raised greater than $3 million in its ongoing $SEAL token presale.
The challenge appeals on to merchants with a meme-worthy seal who’s lined in fish bones and pizza grease. He’s too busy chasing the following explosive meme cash within the ‘Solana Sea’ to wash up after himself—a lightweight roasting of crypto buying and selling tradition that merchants are certain to understand.
Not like many different new meme cash, $SEAL doesn’t supply utility or staking. It’s all about constructing hype and delivering pumps, which makes it a perfect goal for meme merchants searching for the following gold rush.
The Sealana presale has no price tiers and no onerous cap. The token can launch at any time with out warning. So, merchants have to hitch $SEAL as quickly as doable in the event that they wish to seize this meme coin earlier than it pops.
Go to Sealana Presale
WienerAI
WienerAI is an thrilling meme coin that takes a twist on the doge meme. As a substitute of a shiba inu as its mascot, this meme coin makes use of a sausage-shaped wiener canine. The mascot lends itself to some wonderful puns, together with calling the WienerAI group the ‘Sausage Army.’
WienerAI can be constructing instruments for crypto merchants, together with an AI-powered buying and selling bot that may assist give $WAI token holders an edge out there. The bot will have the ability to ship real-time alerts that merchants can placed on auto-pilot or act on manually. WienerAI’s built-in swap presents fee-free swaps, serving to customers squeeze much more income out of each commerce.
WienerAI’s presale has been scorching, elevating greater than $3.5 million in its first few weeks. The following price improve is only a day away, however merchants can nonetheless purchase $WAI at a cut price price of $0.000712. On high of that, WienerAI is providing staking rewards up to 297% APY.
Go to WienerAI Presale