The trend of cat-themed memes in the cryptocurrency world is growing rapidly, with the latest coin, Nezuko Cat (NEZUKO), experiencing an overnight surge of 8,000%. In this article, we will analyze the current price trends of NEZUKO and explore the potential of another meme coin called Dogeverse.
Nezuko Cat has seen tremendous success in the Solana meme coin market, thanks to its unique tokenomics that offer incentives to holders, such as ongoing NEZUKO token buy-backs. As a result, retail investors have shown a bullish attitude towards the project.
Currently, Nezuko Cat is trading at a market price of $0.000346, with a 24-hour change of +48%. However, it has experienced a significant retracement of -92%, falling from its all-time high of $0.018 to a lower support level above $0.0015 in the past 12 hours.
Despite this retracement, Nezuko Cat is consolidating and has established a strong support zone between $0.00015 and $0.00052, indicating the potential for further upside movements in today’s trading. With a market cap of just $315k, it presents an attractive opportunity for late-stage retail investors looking to gain 5-10x returns in the next 24 hours.
However, caution should be exercised due to NEZUKO’s modest liquidity pool, which currently stands at $81k. As a result, some retail investors are turning their attention to the DOGEVERSE presale, which has gained viral success and raised over $12.5 million in funds.
DOGEVERSE, built on BASE and deployed on multiple chains, aims to become a top meme coin on BASE quickly. It offers investors the opportunity to be part of the early stages of a potentially successful token, similar to the experience of investing in NEZUKO at its initial stage. Interested investors can join the DOGEVERSE community and participate in the presale.
It’s important to note that cryptocurrency investments are high-risk, and this article is for informational purposes only and not investment advice. There is a possibility of losing all invested capital.