It’s been a busy week for meme coin traders, with tokens across the meme universe soaring in price. $PEPE is up more than 11% in the past week, while Dogwifhat’s $WIF token is up more than 2% in the last 24 hours.
Now, the race is on between the 3rd and 4th-largest meme coins to see which one will deliver a bigger pump for their token holders. We’ll help traders decide which one to buy today, plus take a closer look at an emerging meme coin that could pump bigger than $PEPE and $WIF combined.
$WIF Has More Room to Run, But $PEPE Has Explosive History
Traders deciding between $WIF and $PEPE are spoiled for good options right now. Both tokens appear set to deliver massive gains, so it’s just a matter of deciding which token offers the biggest profit in the shortest time frame.
$WIF’s outlook is extremely bullish. The token recovered this week from a consolidation pattern that saw it fall below $2.00, and many analysts are predicting that the current momentum could carry $WIF back to its all-time high of $4.85 and beyond.
Technical analysis indicates that $WIF could pump to $5.50-$6.00 in July, setting a new price record and delivering traders who buy today a potential gain of nearly 200%.
That bullish prediction is backed by other forms of analysis. CoinCodex, which uses past volatility to predict future token prices, thinks $WIF could soar to a price of $6.63 by the end of July.
However, don’t discount $PEPE’s ability to jump on an even bigger rocket to the moon. $PEPE is currently sitting just 28% below its all-time high and has shown repeatedly in the past that it can shoot higher without warning. CoinCodex predicts that $PEPE could jump 229% to a price of $ 0.0000416 by the end of July, roughly matching the predicted gain in $WIF.
On top of that, crypto whales are making notable moves around $PEPE. One crypto whale moved more than $14 million worth of $PEPE onto Binance, indicating that they could be preparing for a massive upside move followed by profit-taking.
In the past hour, whale "0x837" transferred 1.1T $PEPE ($14.2M) to the #Binance deposit address "0x0b1". Watch out if this will soon be unloaded to the CEX.
Note that the whale still has 300B $PEPE ($3.78M) left, and the estimated total loss from $PEPE is $1.7M (-5.69%).
Follow… pic.twitter.com/5TETNGmibD
— Spot On Chain (@spotonchain) June 26, 2024
Thanks to its higher market cap, $PEPE could encounter more resistance than $WIF on its push to a new all-time high. But this is a token with explosive history behind it, so it could show all the doubters that demand for $PEPE is stronger than ever.
Analysts Say New Meme Coin PlayDoge Could Deliver 10x Pump, Outpacing $WIF and $PEPE
While the gains in $WIF and $PEPE promise to be impressive, they could be dwarfed by the return early investors see in a hot new meme coin called PlayDoge.
PlayDoge is taking the ultra-popular doge meme and combining it with the 90s-era hit game Tamagotchi. It’s creating a play-to-earn game in which players receive a virtual doge as a pet, then earn $PLAY tokens as they care for their doge and take it on 20 adventures inspired by classic video games.
Tamagotchi sold more than 82 million devices in the 1990s and has remained popular even in recent years. So, PlayDoge could strike a chord with not only meme coin traders, but gamers and everyday people who haven’t traditionally bought meme coins in the past. The play-to-earn game will be available on iOS and Android devices, so PlayDoge’s potential audience is in the hundreds of millions.
Crucially, players will need $PLAY tokens in order to start earning in the PlayDoge game. That’s created a rush of demand for the PlayDoge presale, which is offering $PLAY at a discounted price of $0.00513 and staking rewards up to 125% APY. The presale has raised more than $5 million and looks likely to sell out early.
Crypto analysts like Jacob ‘Crypto’ Bury have called PlayDoge the next meme coin to 10x, and he’s not alone. PlayDoge has been hyped by analysts including Matthew Perry, Cilinix Crypto, Crypto Mischief, and many others.
This is a meme coin with the potential to deliver bigger gains than both $WIF and $PEPE combined. Don’t miss this opportunity to buy $PLAY before the PlayDoge game launches and the token delivers a truly enormous pump.
The post Dogwifhat vs Pepe – Which Meme Coin Will Pump Higher in 2024? appeared first on Finbold.
