Ethereum-based meme coin MoonBull is seeing incredible demand with its whitelist filling up fast. This is all in the wake of a launch blunder in March 2024 that saw $10 million worth of presale tokens burned. Slerf & Doginme Fairlaunching their marketcap has increased significantly. DOGINME has literally gone dog on it and has seen a ridiculous rise in trading volume!
MoonBull’s emphasis on early adopter incentives seems to be the secret sauce behind MoonBull’s increasing popularity. Potential first-mover advantages and exclusive perks, like the ones that come with holding Shrapnel’s project Satoshi, appeal to participants in the meme coin ecosystem. The overly full whitelist is a testament to the considerable interest in the project even after its initial failure.
Doginme has gained a 7.72% increase in trading volume suggesting higher interest on the movement of the new meme coin. Its price has dropped 1.45% in the past 24 hours and 10.55% in the last week. This has investors undeterred by the price drop. We suspect this resilience comes from the utility it actually has and what Doginme represents culturally inside the meme coin community.
The accidental burning of $10 million in presale tokens during MoonBull's launch in March 2024 initially presented a significant challenge. The successful reclamation of that project and the subsequent regeneration of interest is testament to the unparalleled resilience found in meme coin communities. MoonBull’s current explosion in demand, as seen by its quickly filling whitelist, makes this point clear.
Slerf, too, recently showed signs of market traction, adding to the exciting development in the meme coin space. The simultaneous activity across multiple meme coins suggests a broader trend of interest and investment within this sector of the cryptocurrency market.
