WIF and BOME, two Solana-based meme coins, could be giving investors a second chance to increase their holdings following a slight dip in price. On the other hand, tokens like ETFswap ($ETFS) are boosting investor confidence by raising $750,000 in its token private sale.
Dogwifhat (WIF) Dips By Over 12% With The Start Of Q2
Buy the dip is a common saying in the crypto industry and an excellent strategy for some traders to hoard cryptocurrencies with potential value. In line with this, Solana-based meme coin Dogwifhat (WIF) experienced a decline of 12.42% on April 2, 2024, which took its price to $3.85. The slight decrease was accompanied by over 5% in the crypto market generally. WIF, before the dip, had recorded a massive 2167.87% surge in price over the past year and a 200% uptrend in the last 30 days, according to data from CoinMarketCap.
WIF had briefly retained its all-time high of $4.80, which it achieved on March 31, 2024, before the bears took charge and drove its price down. Early investors no doubt benefited from this massive surge in price, significantly increasing their ROI. However, with the price drop, new and old investors can increase their stash as the coin could see a bullish resurgence that could whip its price back to its all-time high. Nevertheless, WIF has continued to drop in price, sliding to $3.29 as at the time of writing, according to Coingecko.
Book Of Meme (BOME) Faces Major Breakdown In Price
Book Of Meme (BOME) has continued to show negative price action as it fails to break through its current resistance of $0.0184, which could indicate waning investor interest. In the past 24 hours, the token recorded a 13% drop in price, which followed a 1,300% surge in price just a few weeks ago.
With the current market sentiment, analysts predict that the coin could be in the red zone in the coming weeks. However, they also believe if the bullish market sentiment can push BOME price across the $0.0159 resistance level, it could empower the bulls to break through its $0.0184 current level of resistance. Nevertheless, if the bears take charge, BOME’s price could plunge to a lower support level of $0.0111 this month.
ETFSwap ($ETFS) Raises 750,000 In Private Sale
ETFswap ($ETFS) has recorded tremendous success in its private sale, where two institutional investors and three angel investors recognized its long-term value and invested a whopping $750,000. ETFswap ($ETFS), a project that tokenizes traditional ETFs (exchange-traded funds) intending to bridge Traditional Finance (TradFi) with Decentralized Finance (DeFi), also kick-started its stage 1 presale. During this event, it offers $ETFS, its native token, at a mouth-watering price of $0.00854 per coin.
At Stage 2 of the presale, the price will increase to $0.01831, assuring all who participate in Stage 1 of profit. Also, experts speculate the token has the potential to hit the $1 mark soon, an over 10,000% increase. In addition, token holders will be able to utilize the several functionalities on the platform, like a comprehensive marketplace for trading ETFs across various industries.
Seamless swapping services, 10x leverage on trading, and staking rewards which could serve as a means of passive income, are all unique offerings from ETFswap ($ETFS). And $ETFS, its native token, is the key to all these benefits.
So now is the time to join this presale at its formative stages to be able to gain a 100x yield on investment and also leverage its smart contract functionalities.
For more information about the ETFS Presale:
