Investors Are Flocking to Traditional Meme Coins
New Cultural Meme Coins Could Overtake Dog-Themed Cryptocurrencies Like SHIB and DOGE
Investors Are Still Flocking to Traditional Meme Coins Kang’s predictions haven’t stopped investors from flocking to animal-themed meme coins, or joke-based cryptocurrencies.
Investors have poured tens of millions of dollars into animal-themed Solana tokens over the past few weeks.
Sloth-themed Slothana is the latest example, with traders sending more than $10 million in SOL to the cryptocurrency’s presale at lightning speed.
Dogwifhat (WIF) recently overtook frog-themed Pepe (PEPE) as the third-largest meme coin with a market cap of more than $4 billion.
Dog-themed Dogecoin 20 (DOGE20), a DOGE derivative, has been hot in its presale, raising more than $10 million in less than two weeks.
Its development team has extended the presale until April 20, International Dog Day.
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