As Solana meme coin markets stay hot, a new meme coin, LIGMA token, has seen huge +188,000% gains in less than 24-hours.
And now, market attention is shifting to this other coin.
This article will provide an analysis of LIGMA’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising investment opportunity.
$LIGMA node is either one of the best investments to make right now ($1.1M) or worst.
If the claims are true (Faster preformance than deeznode), you will see this token skyrocket to $100M+ overnight.
Is it worth the risk? I don’t know. But i just bought $1k worth of it.
— DemCrypt (@demfitsu) March 26, 2024
Yet, despite its testicular name, this new meme coin could be on the verge of major gains, with investors’ optimism growing amid LIGMA’s claims of soon launching the fastest nodes on the Solana network.
LIGMA Price Analysis: What’s Next For Node Utility Solana Meme Coin?
As price action stabilizes following a dramatic launch, LIGMA is currently trading at a market price of $0.00173 (representing a 24-hour change of -7.1%).
LIGMA launched at midnight (UTC) on March 25, in a move that saw impressive traction in the first two hours.
A huge influx of over $3.28m in volume flooded in, with Solana meme coin investors flocking to the project’s promise of genuine infrastructural utility.
The surge in buys fuelled LIGMA price on an aggressive +188,000% climb, with the price hitting an all-time high at $0.0031.
However, with the price dramatically over-extended, in the hours since, a -74% retracement move set in.
But, in a remarkable display, this has been incredibly well-defended by more than 2.78k holders – with price action consolidation above strong support at $0.001.
This creates opportunity, with genuine utility still at the heart of the hold effort, and a market cap of $1.51m, still creating ample opportunity for as much as 10x gains in the near future.
A $130k liquidity pool backs confidence, although retail investors should exercise some caution over its unlocked nature.
Yet, while LIGMA offers a solid entry, for investors trying to make the biggest returns, it pays to get ahead of the pump – and this is driving growing interest in the DOGECOIN20 presale.
DOGECOIN20 Presale Goes Viral: Explodes to $10M Raised in First-Week as Retail Investors Race to Next DOGE
Investor excitement is hitting a fever pitch as a new meme coin presale has gained viral traction, skyrocketing to over $10m raised on the promise of reliving the legendary success of Dogecoin.
Breaking into the double-digits, the frenzied presale is rapidly heading for a dramatic sell-out, and today marks the last window of opportunity to get in as an early-bird Dogecoin20.
What a way to start the day! #DOGE20 raises over $10 Million!
Now that is a spectacular milestone!
Last chance to get it! pic.twitter.com/pgPhpSWq14
— Dogecoin20 (@DOGE_COIN20) March 26, 2024
Dogecoin20 is a successor play to the top coin in the vertical Dogecoin (DOGE), and the presale’s dynamic run has been triggered largely by the chance to buy the next DOGE at just 0.0001% of Dogecoin’s market cap.
To put things in perspective, if DOGECOIN20 replicates just 1% of Dogecoin’s success, and hits a $192M market cap – investors could be sat atop a 50x return.
Revolutionizing Meme Coins: Beckoning with the hope of retail investors, Dogecoin20 is poised to revolutionize the meme coin vertical, with over $10m raised in its first 2 week of presale, this innovative token pays homage to the OG meme coin while blazing its own trail of innovation and utility.
Innovative Tokenomics: Dogecoin20 sets the stage for success in its tokenomics; it’s a powerhouse of innovation. Featuring a capped supply and an ingenious staking mechanism, this token rewards active participation and shields against inflation, setting a new standard for meme coins everywhere.
Mission & Roadmap: Leading the charge into the 2024 bull run, Dogecoin20 champions the idea of “Do Only Good Everyday.” With a roadmap focused on charity, community support, and real-world impact, this project aims to redefine the crypto landscape and pave the way for a brighter, more inclusive future.
Join the Revolution: Be part of something special. Follow Dogecoin20’s journey on X or join their Telegram for the latest updates. Ready to dive in? Visit their website to acquire and stake tokens today!
Don’t miss out on the next big thing in crypto—join the Dogecoin20 revolution now!
The post New Solana Meme Coin Rival ‘LIGMA’ Skyrockets 188,000% in 24 Hours – Is This Other Coin the Next Dogecoin appeared first on Cryptonews.