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ONDO and Solana are two of the hottest cryptocurrencies of April. But they are slowly receding, with ONDO registering a 15% slip on Tuesday and Solana crashing 20% on the weekly chart. With the market getting back on its feet, they are expected to rise back soon.&nbsp;
Meanwhile, investors are hoarding MEW (cat in a dogs world), <a href="https://altcoin.care/b_dogeverse-en_73758" target="_blank" rel="noopener noreferrer nofollow">Dogeverse</a>, and <a href="https://altcoin.care/b_slothana_462328" target="_blank" rel="noopener noreferrer nofollow">Slothana</a>.&nbsp;
<blockquote class="twitter-tweet">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Hold onto your branches, Slothana faithful! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f33f.png" alt="🌿" class="wp-smiley" style="height: 1em; max-height: 1em;"> We're gearing up to drop some major news: the official launch date is on the horizon! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/23f0.png" alt="⏰" class="wp-smiley" style="height: 1em; max-height: 1em;"> Get ready to mark your calendars and set your alarms, because a countdown timer will soon grace our site. Let the hype for the Slothana…— Slothana (@SlothanaCoin) <a href="https://twitter.com/SlothanaCoin/status/1779586386489712910?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 14, 2024</a>
</blockquote>
<h2 class="wp-block-heading" id="strong-are-ondo-and-solana-going-down-strong">Are ONDO and Solana Going Down?</h2>
ONDO and Solana threatened to crash on Tuesday, slipping down the charts after the crypto market cap shed 5%. But the market is back in action, gaining 1% and touching $2.3T on Wednesday.&nbsp;
The price of high-cap assets like Bitcoin, Ethereum, and Solana are expected to show signs of progress over the next few days. Bitcoin halving will be the catalyst.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="784" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-854.png" alt="" class="wp-image-476786" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-854.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-300x147.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-1024x502.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-767x376.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-1536x753.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-2048x1004.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-306x150.png 306w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-714x350.png 714w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-788x386.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
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Solana 1-week price action, Source: CoinMarketCap
This is because the BTC price should rise above $80,000 post-halving for miners to stay profitable. If it keeps selling at the current price of $64K, miners will be discouraged from continuing their operations. Bitcoin halving, which occurs every four years or 210,000 blocks, cuts the block reward earned by miners by half.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1184" height="915" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-852.png" alt="" class="wp-image-476769" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-852.png 1184w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-300x232.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-1024x791.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-767x593.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-1536x1187.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-2048x1583.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-194x150.png 194w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-100x77.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-453x350.png 453w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-852-788x608.png 788w" sizes="(max-width: 1184px) 100vw, 1184px">
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Source: CoinMarketCap
The event has a history of uplifting the market as a whole, and this time is unlikely to be any different. For example, the May 2020 halving led to a rise in mining costs. To keep mining profitable back then, the price of BTC should have shot up to $30,000.&nbsp;
By Nov 2021, however, BTC was selling above $67K. Most high-cap cryptocurrencies followed suit, setting new highs.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="784" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-854.png" alt="" class="wp-image-476785" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-854.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-300x147.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-1024x502.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-767x376.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-1536x753.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-2048x1004.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-306x150.png 306w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-714x350.png 714w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-854-788x386.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure>
ONDO 1-day price action, Source: CoinMarketCap
Going by that trend, the Bitcoin halving event will kindle a bull wave in the broader crypto market. ONDO and Solana will reverse their losses over the next few days, aiming for new support levels. Established cryptocurrencies have good long-term investment outlooks due to the optimistic market predictions this year.&nbsp;
<h2 class="wp-block-heading" id="strong-mew-and-slothana-take-the-spotlight-strong">MEW and Slothana Take the Spotlight&nbsp;</h2>
<a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="Meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Meme</a> coin mania is expected to peak this week, with Doge Day on April 20. Capitalizing on the momentum, MEW, <a href="https://altcoin.care/b_slothana_462328" target="_blank" rel="noopener noreferrer nofollow">Slothana</a>, and <a href="https://altcoin.care/b_dogeverse-en_73758" target="_blank" rel="noopener noreferrer nofollow">Dogeverse</a> are trending.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="841" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-853.png" alt="" class="wp-image-476777" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-853.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-300x158.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-1024x538.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-767x403.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-1536x807.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-2048x1076.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-285x150.png 285w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-100x53.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-666x350.png 666w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-853-788x414.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
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MEW 1-day price action, Source: CoinMarketCap
MEW has pumped close to 40% on the daily chart, while Slothana sold out its $10M presale. Dogeverse is about to touch the $6M presale milestone. The rapid progress of the presale hints at an early sell-out.&nbsp;
<h2 class="wp-block-heading" id="strong-a-clear-meme-coin-trend-is-emerging-strong">A Clear Meme Coin Trend is Emerging&nbsp;</h2>
An analysis of the meme coin market shows the emergence of a new trend. The widespread success of tokens like Slothana and cat in a dogs world (MEW) indicates that the market is favoring ‘non-dog coins’ this season.&nbsp;
While meme coins like Dogecoin, <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="Shiba Inu" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a>, and Dogwifhat have been slipping over the last few days, Slothana and MEW are bucking the trend. In a market that has long favored dog coins, these two new coins dared to explore beyond. It helped them stand apart from the crowd and establish their market relevance.&nbsp;
While MEW has expanded to a $570M market cap over the last few days, Slothana has yet to make its exchange launch. The clock has started ticking:
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="898" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-857.png" alt="" class="wp-image-476810" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-857.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-1024x575.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-768x431.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-1536x862.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-2048x1149.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-624x350.png 624w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-857-788x442.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
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The presale of the lazy office sloth sold out ahead of schedule after investors began to hoard $SLOTH. The project’s theme which resonates with meme coin investors who are also working full-time alongside was an instant hit.&nbsp;
Investors can still buy the token for a fixed price (1 SOL = 10,000 $SLOTH) for a short window.&nbsp;
<a href="https://altcoin.care/b_slothana_462328" target="_blank" rel="noopener noreferrer nofollow">BUY $SLOTH</a>
<h2 class="wp-block-heading" id="strong-are-dog-coins-dead-dogeverse-momentum-suggests-otherwise-strong">Are Dog Coins Dead? Dogeverse Momentum Suggests Otherwise</h2>
After Dogwifhat pump ended, the dog coin momentum has been channeling to <a href="https://altcoin.care/b_dogeverse-en_73758" target="_blank" rel="noopener noreferrer nofollow">Dogeverse</a>. The name that captures the attention of the market has ignited a speculative wave around the project.&nbsp;
 Dogeverse is an interconnected meme coin universe centered around Cosmo the Doge. The project is launching on multiple blockchains to take advantage of their speculative and utility edges.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="458" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-855.png" alt="" class="wp-image-476794" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-855.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-300x86.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-1024x293.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-765x219.png 765w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-1536x440.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-2048x586.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-524x150.png 524w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-100x29.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-1223x350.png 1223w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-855-788x225.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure>
It is the first of its kind meme coin to attempt an extensive multichain architecture. Although dog coins are on a decline this month, the vision has earned the project massive support from the community.&nbsp;
MEW and Slothana are vying for the third place on the meme coin chart in April. But it could go to a dog coin again. The rapidly growing popularity of Dogeverse and the presale momentum suggest that the new dog coin has the potential to dethrone WIF and take the third spot.&nbsp;
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1600" height="716" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-856.png" alt="" class="wp-image-476802" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-856.png 1600w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-300x134.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-1024x458.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-766x343.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-1536x687.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-2048x916.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-335x150.png 335w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-782x350.png 782w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-856-788x352.png 788w" sizes="(max-width: 1600px) 100vw, 1600px">
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In addition to the multichain architecture, $DOGEVERSE supports staking. In the current presale stage, investors get up to 176% returns, p/a.&nbsp;
<a href="https://altcoin.care/b_dogeverse-en_73758" target="_blank" rel="noopener noreferrer nofollow">BUY $DOGEVERSE</a>
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The post <a href="https://captainaltcoin.com/are-ondo-and-solana-going-down-mew-and-slothana-take-the-spotlight-this-week/" rel="noopener noreferrer nofollow">Are ONDO and Solana Going Down? MEW and Slothana Take the Spotlight This Week</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Are ONDO and Solana Going Down? MEW and Slothana Take the Spotlight This Week

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