The top-performing Solana (SOL) memecoin Dogwifhat (WIF) has been powering through the memecoin ranks with its 1,400% surge to ATH since the beginning of the year. But recently, market volatility saw the token tank by 49%, triggering speculation of a bearish correction. Despite the decline, the leading crypto exchange, Binance, recently listed the token, and investors are now questioning its potential to rebound.
While WIF dumped, investors gravitated towards fast-rising memecoins like Meme AI (MEMEMAI) and Nugget Rush (NUGX), searching for promising alternatives. Meme AI recently rallied by 90%, earning a spot as the 3rd most trending token on the market. Meanwhile, Nugget Rush opened the launchpad stage of its crypto ICO with massive demand, which has helped it raise over $2.8 million. Both memecoins have successfully made it on the radar of top investors, priming them as potential alternatives to Dogwifhat.
Let’s explore Dogwifhat’s rebound potential while discussing alternatives in Meme AI and Nugget Rush.
Nugget Rush (NUGX) Shines With Early Milestone Performance
It’s common knowledge among smart investors that the best crypto to invest in is a token that is still in its early stages. Investors who bought giant tokens like Dogwifhat while it was just starting now have an asset worth millions of dollars. This growth potential is what Nugget Rush excels at. The memecoin is tied to a platform that offers a highly anticipated play-to-earn gaming experience and Web3 features, giving the NUGX memecoin tangible utility.
Players will have the opportunity to earn income while engaging in exhilarating in-game mining activities. This works because mined assets can be exchanged for real cash, making Nugget Rush the best crypto to invest in for gamers. Players will also be able to earn through NFTs baked into the gaming experience. There are two NFT collections: one based on gaming characters and the rare RUSHGEM collection that can be exchanged for real gold.
Nugget Rush charged by over 5% to kickstart the launchpad round of its ongoing presale. This rally followed the 90% surge it delivered throughout all five rounds. Investors interested in buying the token can get it for just $0.019. A discount price will earn investors massive returns when the token debuts on exchanges immediately after the crypto ICO ends. After launching, investors will secure a 20% APY after staking their NFTs on the platform.
Meme AI (MEMEMAI) Bullish Uptrend Boosts Its Upside Potential
Part of Meme AI‘s explosive growth comes from its use case. The platform’s AI can create funny memes that can then be minted as NFTs and traded on the Meme AI marketplace. Investors are all for it. Meme AI‘s trendy features have triggered a solid following that has seen the token surge quickly. The Meme AI surge is perfect timing because it aligns with the recent AI frenzy. The jaw-dropping surge in the demand for AI tokens has helped MEMEAI surge by over 90% in weeks. AI tokens now command over $24 billion in market cap and $5 billion in daily trading volume, giving tokens like MEMEMAI an edge over giant cryptos.
Dogwifhat (WIF) Exchange Listing Prepares It For a Meteoric Surge
Dogwifhat has achieved multiple successes, earning it a cult following in the memecoin sector. This dedicated support isn’t showing signs of waning anytime soon because WIF recently secured the long-awaited Binane listing, confirming projections of an incoming explosive bull run. Despite the 49% decline that Dogwifhat suffered recently, the token’s growth trajectory is pointing upwards. Thanks to the massive flow of liquidity pouring into the token, experts are optimistic that WIF could hit $5.00 before the end of the year. This conservative projection of over 190% means the token could rebound. WIF is already up more than 73% weekly, suggesting a push to new highs.
Final Thoughts
The bearish correction of Dogwifhat has done nothing to stop its upside expectations. The recent Binance listing can skyrocket its value double-fold, giving it the potential to rebound to a new ATH. Dogwifhat is already trading at a premium, and investors interested in an alternative investment option that’s still at a discount should consider Meme AI or Nugget Rush. Nugget Rush holds more potential because of the liquidity its play-to-earn platform will enjoy after launch, which could turn early investors into millionaires.
