Meme coins rallied on Monday, making a sharp turn up the graph and yielding a nice 7D candle for several altcoins. Solana Dogwifhat (WIF) is up 10% for the trailing seven days, Solana Popcat (POPCAT) up 14%, and Ethereum Coinbase Brett (BRETT) up 15%. Meanwhile, Ethereum’s new vote-to-earn meme coin, Flockers (FLOCK) is blowing out its presale.
Compare the meme segment’s performance over the recent seven-day period to Bitcoin (-0.55%), Ethereum (-3%), and XRP (-4%). It turns out meme coins are leading the rally in crypto again and in higher-percentage gains and losses than the larger pools. So don’t get hurt out there. You get what you pay for when you trade in time with the markets.
Meme Coins Pulling Ahead Again
The Popcat meme on Solana delivered first-in-class profits among all major cryptocurrencies to altcoin gem traders in Q1, according to CoinGecko data. Winners tend to win again. While most coins have traded sideways since the overall crypto market peaked in March, Popcat has continued to consolidate gains at higher support levels over the year.
It surged up as Bitcoin and Ether began to recover Monday. It takes more capital to move those seas of highly capitalized currency than it does for newer currency markets like the present cohort of high-volume meme coins rapidly adding to Ethereum and Solana’s warchests.
The reasons for Popcat’s outstanding percentage gain among meme coins is primarily market-driven rather than news-driven. It’s a known winner that gives a good bounce when meme coins are up. There’s really not much to it than that. In Q1 the fattest part of the Popcat rally was a market gain of 3,424%.
Meanwhile, Ethereum Coinbase’s Brett (Based) (BRETT) token is up 15% for the week. It delivered higher ROI than any other Top 100 crypto by market cap in Q2 this year with a 99% quarterly gain, according to CoinGecko data. With Coinbase stock down 5% for the week, it paid to be in blockchain meme coins instead of blockchain stocks.
Solana Dogwifhat (WIF) ran up the charts 10% this week. It came in behind Popcat in Q1, but was the top gaining Top 100 crypto with an outstanding 2,721% gain in Q1, according to CoinGecko data. It ranks #47 out of all cryptos by market capitalization with $1.6 billion on Tuesday, Sept. 10. That was nice for crypto investors who missed Solana’s Bonk in Q2 2023.
Missed Pepe? Check Out Flockerz (FLOCK)
If you missed out on early stage prices for Ethereum’s Shiba, Floki, and Pepe meme coins, that have delivered similarly unbelievable ROIs in exchange for the time and weight of your savings in the Ethereum ecosystem, one new meme coin that follows the blueprint that made these currencies market winners is Flockerz (FLOCK).
FLOCK is a currency with a vote-to-earn feature that rewards peers for governance as well as staking for yield, while devoting 20% of its token economy to presales at a fixed, low, pre-market price to incentivize a fast start to this new Ethereum economy’s growth.
Presale FLOCK is rounding $200,000 in sales at a price of $0.0055 per token. You’ll need MetaMask on desktop or BestWallet on mobile. The price goes up every few days so the earliest backers get the greatest multiplier effect on their returns.