Solana meme coin prices are surging, with dogwifhat (WIF) up a stunning 27% since the start of the week while an exciting new coin called Sealana (SEAL) has raised more than $3 million.
WIF retested $4.0 on Wednesday and looks likely to soon retest its 20224 highs around $4.80.
Solana meme coin dogwifhat has a chance of retesting yearly highs. Source: TradingView
It was last trading around $3.77. Meme coins have been doing well recently amid hopes the SEC’s approval of Ethereum ETFs will spark meme coin season.
The SEC’s approval of proof-of-stake crypto Ethereum opens the door for Solana to get an ETF someday. That’s a good narrative that could continue to fuel a Solana meme coin rally.
Dogwifhat’s market cap was last around $3.77 billion. Given Dogecoin has been able to attain a market cap of $23.7 billion, dogwifhat has plenty of room left to rise this bull market.
It could even still post 5x gains, making it potentially the best crypto to buy now.
That said, many meme coin investors are hunting larger gains of as much as 100x.
To secure 100x gains, traders need to get into a meme coin before it gains traction.
One good way to get in on the ground floor with a meme coin is to buy it in presale.
Analysts at Cryptonews spend a lot of time combing through the presale market. And they think that one new Solana meme coin called Sealana (SEAL) has huge potential.
Solana Meme Coin Sealana (SEAL) – Best Meme Coin Presale?
South Park-themed Seal cartoon character Sealana has been making a splash in meme coin trading circles since launching its presale.
The new Solana meme coin features an overweight, Solana meme coin trading degen seal called Sealana.
Bout to drop a bunker buster on these durka durkas #freedom!
Show some support for #Sealana by sending $SOL, and fuel the war on terrorism! #TeamAmerica #TopGun #Presale pic.twitter.com/LlcXgMVzrq
— Sealana (@Sealana_Token) May 29, 2024
SEAL has already attracted over $2.1 million in funds from avid investors.
That’s no surprise when you look at the great engagement Sealana has been getting on socials.
Sealana’s marketing team are great at keeping X users entertained with regular whitty and relevant posts.
That’s in part thanks to Sealana’s savvy marketing team, who are drumming up great engagement on social media.
Sealana has already garnered over 7,000 X followers, as well as close to 7,000 on Telegram.
Meme coin traders bet get moving quick. The Sealana presale could sell out quick.
Investors can bag their SEAL by connecting their web3 wallet on Sealana’s official website with SOL, ETH, USDT or USDC.
Non-web3/crypto-savvy investors can also get involved, with Sealana also available for purchase via card.
The post Solana Meme Coin Prices Surge – Dogwifhat Up 20% and Sealana Raises Over 3 Million appeared first on Cryptonews.