In the recent craze surrounding Solana meme coins, ETF token has surged by an impressive 207% in just 24 hours, indicating a growing interest in crypto ETFs. The article explores the current price trends of ETF and compares it to a new meme coin called Dogeverse to determine which one may be a more promising investment opportunity at the moment. ETF token was launched recently with much excitement, and its price growth seems to be organically driven following a successful prelaunch marketing campaign and airdrop of tokens. The current market price of ETF token is $0.00134, with a significant 24-hour change of +202%.
The price action of ETF token has shown a strong upward trend, with the token reaching a market price of $0.00134 after an impressive surge in the chart that saw 8 consecutive green hourly candles. Although the initial upside surge was initially stalled at resistance around $0.0013, a successful defense by bulls at the lower support level of $0.0008 prompted a second rally leg that pushed the price up by an additional 48% to a local high of $0.0014. The market cap of ETF has also surged to over $1.3 million, creating the potential for a 5-10x leap in the coming hours. Buy pressure is maintaining dominance at 53% of taker buys in the past hour, indicating continued interest in the token.
As the price action for ETF remains high, attention is now shifting to an upcoming launch from the Dogeverse presale, which has gained significant popularity in the crypto community. The Dogeverse presale has raised over $15 million, suggesting a growing interest in the project. Dogeverse distinguishes itself from Dogecoin by being the first multichain meme coin and deploying on various platforms such as Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base. Additionally, Dogeverse supports staking, allowing presale investors to diversify their income streams and earn passive gains and DOGEVERSE yields.
Investing in meme coins like ETF and Dogeverse comes with a high level of risk, as the crypto market is volatile and unpredictable. While the potential for significant gains exists, there is also the risk of losing the entire investment. It is essential for investors to conduct thorough research and consider their risk tolerance before investing in meme coins or any other crypto assets. This article is provided for informational purposes and does not constitute investment advice. Investors should exercise caution and seek guidance from financial advisors before making investment decisions in the crypto space.
