Shiba

Raydium

Shiba Inu

MEME

New memecoins are attracting funds from investors who are cashing in their profits in tokens such as Book of Meme (BOME) and Shiba Inu (SHIB).
<a href="https://dexscreener.com/solana/2hf38zwuquw83p47yphee6rpjuv4jk5mpc5emdppbjyy" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">DinoCat (RAWR)</a> and <a href="https://dexscreener.com/solana/5f2bcd6uokmyyg5awvxr4wb97uhb81vskfksqbyjoxih" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Furrari (FURRARI)</a> are tokens that were both launched on 10 April, and they’re set to benefit massively from investors in other, larger memecoins, such as Book of Meme (BOME) and Shiba Inu (SHIB).
This is because these investors are redeploying their profits into smaller cap tokens, as they have potential for explosive growth due to their small market capitalizations.
For example, <a href="https://dexscreener.com/solana/2hf38zwuquw83p47yphee6rpjuv4jk5mpc5emdppbjyy" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">DinoCat</a> has a market capitalization of just $9,000, while <a href="https://dexscreener.com/solana/5f2bcd6uokmyyg5awvxr4wb97uhb81vskfksqbyjoxih" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Furrari</a> coin’s market cap is around the $14,000 mark.
And, with both of these coins set to announce bullish catalysts later in the week, their price is poised to surge 2,200% and 1,800%, before the end of next week.
This would still give them a market cap below $250,000 each, meaning both Furrari (contract address: 9oG3T8UMkFcjEEBQaEsU71B6Sa9grMbbP2SmKu6ed1T4) and DinoCat (contract address: 9khQG9Esv15TWf2F4kdx2ULmbhDvJQS7sDGPBpKLEA4G) would have plenty more potential for further, explosive gains.
These two tokens are currently only available to be traded on decentralized exchanges, such as Raydium and Jupiter.
The rise of these two new, cat-themed memecoins comes amid Book of Meme (BOME) and Shiba Inu (SHIB) trading sideways and posting sluggish gains in recent weeks.
For example, BOME is down 18% in the last 7 days, while SHIB has posted gains of just around 4%.
And, with smaller cap memecoins offering astronomical potential returns to early investors, it is not surprising that many memecoin traders are ditching SHIB and MEME for DinoCat (RAWR) and Furrari (FURRARI).
<a href="https://www.cryptointelligence.co.uk/crypto-intelligence-blockchain-council/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Discover the Crypto Intelligence Blockchain Council</a>

DinoCat (RAWR) and Furrari (FURRARI) Poised to Surge 1,800% Amid BOME and SHIB Decline

Crypto Intelligence

Other articles published on Apr 11, 2024

BlackRock's Tokenized Fund Gets USDC Cash-Out Option Via Circle Integration

Gunstorm Project Gears up for Takeoff With Imminent Pre-Sale Launch

China’s Harvest May Be First Fund Manager To Launch A Spot Bitcoin ETF In Hong Kong Later This Month

Montenegrin court approves Do Kwon’s extradition once again

Solana’s Momentum Slows Down as Users React to Network Congestion

Bitcoin Price Dynamics: Analysts Weigh In

Join our free newsletter for daily crypto updates!