Shiba Inu, Dogecoin, Pepe, DogWifHat Prices Surge as Experts Hint at Next Big Hit
The Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE) and Dogwifhat (WIF) prices have been surging in recent sessions as euphoric sentiment in the Bitcoin market bleeds across to the meme coin sector, though experts are hinting that a lesser-known coin called Smog (SMOG) could be the next big hit.
SHIB, DOGE, PEPE and WIF are up 100-400% each in the past seven days, as per CoinMarketCap.
PEPE and WIF have surged to respective market caps of $3 billion and $1.3 billion.
DOGE and SHIB, meanwhile, have hit market caps of $25 billion and $18.5 billion.
Given their now very bloated market caps, Dogecoin and Shiba Inu may struggle to post further gains of more than 2-3x.
PEPE and WIF, meanwhile, could feasibly still rally in the region of 10x.
But meme coin investors hunting for 100x gains will need to find lesser-known coins where they can get in early.
With so many new meme coins popping up on the market each day, it’s tough for investors to discern which coins present opportunity, and which should be avoided.
The team at CryptoNews spends a lot of time parsing the market for promising meme coin projects.
One coin they think has a lot of potential is a new meme coin called Smog ($SMOG).
Here’s why the team favors the coin, and why experts are hinting that it could be the next big hit.
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— SMOG (@SMOGToken) March 3, 2024
Recently launched Solana-based meme coin Smog ($SMOG) has been turning a lot of heads recently.
In the month since its DEX launch, $SMOG has reached a market cap of over $80 million, $2 million in organic liquidity and nearly 50,000 token holders.
https://twitter.com/SMOGToken/sta
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