In the latest DEX-launched Solana memecoin pump, Achiwifhat token has seen a 630x skyrocket move in the past 24-hours, yet, with AWIF token on the move, explore AWIF price analysis to discover possibility of a second bounce.
This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless Solana memecoin moon-shots garnering significant attention, including 2024′, SOLAREUM, Joe on SOL, BINK, BONG, MUSK, FLUB, PUMA and HOPPY.
A new developer has taken over @AchiwifhatDog
Let’s see how it goes $AWIF#Solana #SolanaMemecoin #solanaairdrops #SolanaCommunity
— Crypto ₿aba (@cryptobaba_) January 22, 2024
Second momentum comes as a new developer picks up the Achiwifhat mantle, in a promising development that could fuel more growth in the project.
AWIF Price Analysis: As New Developer Takes Over Achiwifhat Can AWIF Price Mount Comeback?
As price action battles to starve off capitulation, Achiwifhat is currently trading at a market price of $0.00011221 (Representing a 24-hour change of +4,423%).
This comes after AWIF launched from a starting price of $0.000017 at 11AM (UTC) on January 21, in a move that saw the Solana memecoin gain almost instantaneous traction as AWIF price accelerated +10,762% in the first hour.
The seismic launch of AWIF drew in traders, skyrocketing the trading volume to over $4.21m.
This influx propelled AWIF’s price up by +257%, yielding a staggering +37,382% return for early investors as it hit an all-time high of $0.001972.
However, as early backers cashed in, AWIF experienced a sharp -97.25% drop, nearly capitulating.
Still, with a market cap of $100.75k, AWIF shows promise for further growth.
Typical breakout Solana meme coins reach around $1.5m in market cap, indicating a potential 15x growth for AWIF.
The current $33.56k liquidity pool against a $100k market cap raises concerns about AWIF becoming unsellable, which could drive more growth.
But, the unlocked liquidity pool poses a risk for long-term holders, who may find themselves in a honey-pot scenario.
While AWIF has potential, its liquidity issues prompt some investors to explore other high-growth meme coins like Sponge V2.
Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform Solana Memecoin Like AWIF?
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
How to Acquire Sponge V2
Acquiring Sponge V2 is unique:
Stake Sponge V1: Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens.
Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.
Read more:Best Crypto to Invest In 2024
Staking Mechanics and P2E Integration
Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
Moreover, this P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
Unique Aspects of Sponge V2 Over AWIF Price Analysis
Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
Permanent Transition: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch.
Roadmap and Future Prospects
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
The post AWIF Token Is Up 630x in 24 Hours and Experts Say This Meme Coin is Next appeared first on Cryptonews.