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

The Way forward for Ethereum Buying and selling World – Blockchain Information Web site

El Salvador, twenty first Nov 2024 – Because the panorama of finance shifts in direction of decentralization, one platform is setting the bar excessive: Viether,...

BancFirst director Martin Scott sells $3.07 million in shares By Investing.com

In a current transaction filed with the Securities and Alternate Fee, Martin William Scott, a director at BancFirst Corp (NASDAQ:), bought 24,607 shares...

Bitcoin rally intact regardless of long-term holders cashing out – How?

Lengthy-term Bitcoin holders have accelerated promoting exercise as BTC types successive new highs. Spot Bitcoin ETFs are absorbing the sell-side stress, giving room for BTC to...

As ETH/BTC pair hits new low, THESE teams seize the chance

As ETH/BTC reaches its lowest level since 2021, traders, notably from Korea and the U.S., start to build up. By-product merchants are additionally taking positions, putting...

Most Popular