back to top
HomeBitcoinAre Bitcoin memecoins subsequent to rally in 2025? Why ODOG may rally...

Are Bitcoin memecoins subsequent to rally in 2025? Why ODOG may rally subsequent

-

  • The Bitcoin ecosystem has trailed Solana in memecoin traction. 
  • Can Bitcoin Canines [ODOG] profit from the continuing meme mania? 

Because the U.S. elections, memecoin traction and market dimension doubled from $60 billion to just about $120 billion.

Solana [SOL] has maintained the lead in memecoin narrative, with high 100X animal-themed gems like dogwifhat [WIF], Bonk [BONK], and the most recent Chill Man [CHILLGUY]. 

Solana instructions about $21 billion of the memecoin market share, whereas Bitcoin memecoins not too long ago clocked $1.5 billion.

Can Bitcoin [BTC] memecoins like ODOG observe the WIF and BONK development with a 100X rally, too? 

Bitcoin canine

In keeping with CoinMarketCap, the one Bitcoin-based token that noticed a current wild upswing was PUPS Ordinals [PUPS]. As of this writing, it had risen almost 700% up to now 24 hours. 

Given the outstanding efficiency of animal-themed meme cash, particularly dog-like meme cash, Bitcoin Canines [ODOG] may benefit from the traction. 

In addition to leveraging the digital pet tradition, the venture additionally has a Web3 gaming platform to onboard new customers, much like Notcoin’s technique. 

Nonetheless, on the worth entrance, ODOG’s present market dimension was about $3 million per CoinMarketCap.

This meant that ODOG had restricted liquidity but was grossly underpriced ought to the worth surge 100X from present ranges.

Bitcoin memecoins

Supply: ODOG/USDT, TradingView

On the worth chart, Bitcoin Canines’ value motion since September chalked a falling wedge sample.

Typically, the sample is a bullish formation, with a breakout potential of 350% beneficial properties for ODOG. In a breakout state of affairs, such a possible achieve may elevate hopes of a possible 100X for the Bitcoin-based meme-coin. 

Nonetheless, given the sturdy Solana meme coin moat, such a projection within the Bitcoin ecosystem stays to be seen.

Moreover, a spike in Bitcoin Ordinal Inscriptions could sign a renewed curiosity within the meme coin sector and possibilities of a probable 100X gem within the ecosystem. 

Subsequent: FLOKI surges as 2 key areas see development: What occurs now?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

CAPTCHA


LATEST POSTS

Your Complete Answer for Superior AI Help, Creativity, and On a regular basis Productiveness – Blockchain Information Web site

In an period when synthetic intelligence is reshaping the way in which we dwell, work, and join, ALNO AI emerges as a revolutionary platform that...

China says it’s prepared to speak with US to push ahead bilateral commerce By Reuters

BEIJING (Reuters) -China is prepared to conduct energetic dialogue with the US based mostly on the ideas of mutual respect and promote the event...

2024 Worldwide Textile Innovation Convention held in Keqiao, Shaoxing – Blockchain Information Web site

Not too long ago, specialists, trade leaders, and worldwide enterprise representatives from eight nations and areas, together with the USA, the UK, Switzerland, Portugal, Austria,...

Because the boohoo share value falls, might it develop into a penny inventory in 2025?

Picture supply: Getty Pictures Over the previous 5 years, the boohoo (LSE:BOO) share value...

Most Popular