With the conclusion of the U.S presidential election, the majority of the tokens that witnessed price rallies are now in a consolidation phase. Dogwifhat (WIF) happens to be in this category meanwhile NEIRO has gone completely bearish.
However, memecoin traders are quickly diversifying with Goatseus Maximus (GOAT), an AI memecoin that is currently causing a buzz among crypto enthusiasts. Here's why: Dogwifhat Price Consolidates: WIF To Rebound In A Few Weeks Dogwifhat price appears to be in a consolidation phase after witnessing an incredible surge last week, influenced by the U.S presidential election.
WIF’s price sentiment was neutral at the end of the election but is currently bearish, while the price has retracted over 5% to settle at $2.29 with an 8.03% volatility, since then.
However, technical indicators signal that Dogwifhat price will likely rebound by 235.06% to $ 7.68 in the coming weeks, once WIF breaks through key resistance levels.
Post-Election Declines: NEIRO Records Significant Price Drop NEIRO claims to be the crypto industry's first AI memecoin but at its core, NEIRO is a digital asset built on the Solana blockchain. It was launched in the wake of the passing of Kabosu, the iconic Shiba Inu dog who inspired the Dogecoin meme coin. The name "NEIRO" itself is a tribute to the new rescue dog adopted by Kabosu's owner.
Since NEIRO’s launch multiple NEIRO-related tokens have sprung up on both the Ethereum and Solana blockchains. This has led to significant trading volumes and price fluctuations. Just like with WIF, NEIRO is trading on the red with a price drop over 10% since the election ended.
NEIRO’s market cap and trading activity has declined significantly as well, with no resurgence in sight. Truth Terminal's Latest Discovery: Crypto Enthusiasts Go Crazy About Goatseus Maximus (GOAT) Goatseus Maximus (GOAT) has the crypto industry buzzing. The token was recently discovered by Truth Terminal , an automated account on X which tweets AI-generated posts, and it all started from a few bots talking together in a discord called Backroom.
Truth Terminal embraced the memecoin and began shilling it online, cultivating the first organically AI-inspired meme coin. 14 days later GOAT peaked at a $950M market cap because as soon as people realized GOAT was the token referenced in Truth terminal’s posts, they quickly launched the token on pump.fun.
Consequently, Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of GOAT on its exchange. The listing highlights Bitget’s approach of offering a platform for emerging and distinctive tokens in the meme and AI sectors, which continue to draw market interest. Considering the growing impact of AI technology on the world stage, this could be a narrative that continues to gain steam.
Lunex Network Could Be Next Although not a memecoin, Lunex Network is an AI token that has managed to garner significant attention from the crypto community in this memecoin season. Lunex Network is showing potential to be the next token to witness significant price gains and savvy investors are taking positions by joining Lunex Network's ongoing presale. Currently, Lunex Network tokens are priced at $0.
002 in stage 4 of the presale. Be a smart investor—join the LNEX presale now! Website: https://lunexnetwork.com Socials: https://linktr.
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