The meme coin market is back at a fever pitch as Gorilla, catwifhat, and Super Trump all post significant gains.
And on the presale front, Sealana is stoking excitement as it raises $4 million on the path to its exchange launch.
Low Cap Meme Coins Surge Despite Wider Market Stalling
Some meme coins are not waiting for a green light to begin their next rally, with several booking double-digit gains today while other cryptos remain stagnant.
Gorilla is the biggest success, soaring by a whopping 28% in the last day. It is currently priced at $0.004793, and its recent gains have canceled out this week’s downward momentum caused by a market-wide selloff.
It is up 1% this week and 32% this month. The project currently holds a $4 million market cap and a $3.6 million 24-hour trading volume, up 473% today.
CoinMarketCap community member Ollie responded to its recent performance, speculating that its price will continue trending upward after retesting the bottom of its trading range.
Catwifhat has also enjoyed bullish momentum, up 17% today and 45% this month. Similar to Gorilla, today’s CWIF rally has erased most of this week’s selloff, with the weekly price down 12%—a great deal less than yesterday.
The project is priced at $0.000001128 with a $39 million market cap and a $8.8 million 24-hour trading volume, up 84% today.
One of the main selling points behind catwifhat is an auto burn mechanism, which has removed over 55% of its supply from circulation.
Also, market commentator Will highlights that catwifhat has a colossal 1.6 million holders.
The future of finance on @HTX_Global is deflationary. $CWIF is the hottest auto-burn project on Solana wif 1.6M holders. That’s more holders than $WIF & $SHIB combined. pic.twitter.com/vkeEB7WNYJ
— Will (Diamond Paws) (@I_Be_Wild_Will) June 15, 2024
Meanwhile, Super Trump has enjoyed strong momentum recently, with its price up 14% today, 5% this week, and 370% this month.
Its impressive upswing has catapulted it to a $35 million market cap, with its price at $0.01959 and its 24-hour trading volume at $4 million, down 45% today.
In an analysis on X, Crypto Rover highlighted Super Trump’s strong momentum and predicted a 10x is likely from its current price.
Another meme coin gaining pace is Sealana. The project has raised $4 million at presale, but the event will end in nine days.
Sealana Tipped to Surge as IEO Edges Closer
Due to its monumental presale interest, leading industry analysts are backing Sealana as the next meme coin to explode.
And with the small-cap meme coin circuit gaining pace, the stars are aligned for the new presale.
Sealana’s primary blockchain is Solana, but it also launched on Ethereum, making it widely available across the hottest on-chain markets.
The project’s mascot is an overweight seal inspired by South Park’s “World of Warcraft guy.” He has an insatiable appetite for junk food, apeing meme coins, and posting controversial memes online.
Indeed, Sealana’s persona echoes the “Wild West” characteristics that the Solana network is known for, so it is no wonder its presale has fared such a hit.
The future of finance on @HTX_Global is deflationary. $CWIF is the hottest auto-burn project on Solana wif 1.6M holders. That’s more holders than $WIF & $SHIB combined. pic.twitter.com/vkeEB7WNYJ
— Will (Diamond Paws) (@I_Be_Wild_Will) June 15, 2024
In addition to the $4 million Sealana has received in presale investments, the project has enjoyed massive support from well-known industry analysts.
For instance, CryptoBoy suggests that Sealana could be the next Slothana, which is a Solana meme coin that 5x’d after its presale.
However, others are even more bullish. Analysts from the Crypto News YouTube channel anticipate up to 100x gains could be on the horizon.
But with just nine days until the presale ends, those seeking the current fixed, discounted rate must act quickly.