By 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.
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