PLERF is the newest Solana-based meme that went live, exploding by over 2,100% almost immediately. It reached a trading volume of over $4.3 million and reported gains of over 250% in just a few days. However, PLERF entered a price correction period after the initial push, losing over 60% in the past 24 hours.
It’s the latest sloth-themed meme to make headway on the meme coin markets, but the sudden price surge is nothing compared with the newest memes, such as Dogecoin 20 and Slothana. Let’s see why investors have been going crazy about new meme coins in the past few weeks.
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PLERF as The New Version of SLERF – Why Did it Explode?
PLERF went live last week on March 24 with an extremely low price of $0.00119 without any presales. The goal was to go through with a stealthy launch to catch investor’s attention and gain traction. It took about five days for PLERF to get the support it sought, but once it did, it took off like a rocket, resulting in 2,100% gains in a few hours.
The massive surge pushed the price of PLERF to an all-time high of $0.0058, resulting in one of the largest meme coin gains in the past month. PLERF is very similar to SLERF, the highest-gaining meme in late March, and it wanted to capitalize on SLERF’s design by calling itself the next part of the SLERF token. However, the initial hike of PLERF tokens was short-lived, and the gains turned into losses, as the token plunged by over 60% in the past 24 hours to a price range of $0.0021.
PLERF’s release was designed as a short-term investment option for traders who missed SLERF’s release, but it didn’t grow a steady holder base as its predecessor. SLERF, on the other hand, has over 75,000 holders and a market cap of over $205 million. Its daily trade volume in the past 24 hours was an impressive $270 million, so the chances of PLERF reaching similar numbers are slim. However, new meme coins such as Dogecoin 20 and Slothana show massive potential and could easily match, if not surpass SLERF’s impressive numbers.
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Dogecoin 20 – The Hottest New Dog-Themed Meme Coin Showing Huge Potential
Dogecoin 20 entered presale a few weeks ago, and it quickly grew a strong community and won the trust of thousands of investors worldwide. It’s the latest dog-themed meme coin inspired by the original Dogecoin, but it comes with a few significant upgrades that will ensure long-term sustainability and growth potential. The platform is built on the Ethereum blockchain, and it offers high token-staking rewards through the proof-of-stake mechanism.
Apart from providing users the option to stake their native DOGE20 tokens and earn high returns in the next few years, the platform has an excellent token allocation system that ensures long-term sustainability. The maximum supply of DOGE20 coins is limited to 140 billion, and over 15% will be given out through staking rewards over the next two years.
Moreover, DOGE20 tokens will go live on Dogecoin Day, a special date for all meme coins on the market, on April 20. The upcoming Bitcoin halving event will happen on the same date, giving Dogecoin 20 token owners the perfect chance to maximize their investments. Therefore, the launch of Dogecoin 20 aims to use the momentum to secure high gains for early investors, which is why the current presale event broke all records, raising over $10 million in a matter of weeks.
Dogecoin 20 Token Presale Extends Presale After Striking $10 Million Cap
The Dogecoin 20 token presale has been an enormous success. It reached the planned hard cap of $10 million a few weeks after going live. Hence, the developers redirected some of the tokens destined for marketing costs, allowing more investors to invest in DOGE20 coins early.
The presale is ongoing, so you can buy DOGE20 coins for $0.00022 by exchanging your ETH or USDT at the official website. The token is only two weeks from launch, so hurry up and secure your spot among the earliest investors to get the highest returns on Dogecoin Day.
Slothana – New Sloth-Themed Solana-Based Meme Expected To Explode
Slothana entered presale last week and has been one of the most successful Solana-based presales in the past couple of months. As the newest sloth-inspired meme coin similar to SLERF, it raised nearly $2 million during the first 48 hours and an impressive $7.7 million in the first week.
The project aims to ride the SOL-based meme coin craze, and its approach works like a charm. Slothana is based on a lazy sloth who has had enough of working a 9-to-5 office job and kicking back after work with a bowl of his favorite herb. He decided to enter the crypto market to break the cycle, and his goal is to reach a market cap of $420 million.
The platform will launch on Dogecoin Day, April 20, also known as 4/20, and considering the massive success it had in the first week, it is likely the next meme to explode in the upcoming period. Rumors say that Slothana is designed by the same team behind SMOG, so investors didn’t have any doubt of its success.
$SLOTH Tokens Selling at Record Rates
The official $SLOTH token presale raised over $7.7 million in the first week, making it one of the most successful SOL-based presales ever. Its low entry point of 10,000 $SLOTH per 1 SOL token is one of the reasons behind its success, as it guarantees that all early investors have fair chances of getting high returns once it goes live. The presale is selling out extremely quickly, so hurry up and invest today to join one of the fastest-growing meme communities in the world.
Final Words
Despite experiencing massive initial gains, PLERF is now in trouble, with a market cap of just over $1 million. It’s safe to say that it didn’t manage to repeat the success of its predecessor, SLERF, so if you missed your chance to invest early, PLERF is just too risky at the moment.
However, if you’re looking for meme coins with high chances of exploding after the Bitcoin halving event, Dogecoin 20 and Slothana should be on your priority list. Both memes have hugely successful presales and are about to launch in just two weeks, so don’t miss your chance to invest early to get the highest returns after April 20.
