{"id":520879,"date":"2024-05-14T12:47:07","date_gmt":"2024-05-14T12:47:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=520879"},"modified":"2024-05-14T12:47:07","modified_gmt":"2024-05-14T12:47:07","slug":"next-cryptocurrency-to-explode-tuesday-may-14-dogwifhat-book-of-meme-near-protocol-floki","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-tuesday-may-14-dogwifhat-book-of-meme-near-protocol-floki","title":{"rendered":"Next Cryptocurrency To Explode Tuesday, May 14 \u2014\u00a0 dogwifhat, Book of Meme, Near Protocol, Floki"},"content":{"rendered":"

Analysts and investors typically view a decline in Bitcoin’s bullish trend as a precursor to a potential rise in the <\/span>altcoin meme coin market. As such, the current market trend could mean that capital will move from Bitcoin to other cryptos.<\/span><\/p>\n

A small drop in Bitcoin’s market share shows a slight but important change. Analysts think this might produce more <\/span>explosive performance<\/span><\/a> for meme coins and altcoins. However, Bitcoin’s dominance has overall gone up this year, showing that the market is mixed.<\/span><\/p>\n

Next Cryptocurrency To Explode<\/b><\/h2>\n

Attention in the crypto market in the coming month will be directed toward altcoins and meme coins as the market grapples with fluctuations. Investors can capitalize on the moment and take a position in upcoming tokens like the 99Bitcoins token. 99Bitcoins token’s transition from the ERC-20 to the BRC20 token standard enables developers to create a new token standard. This post covers the details of its presale.<\/span><\/p>\n

1. dogwifhat (WIF) <\/b>[NO RECENT RELEVANT TWEETS]<\/b><\/h3>\n

Over the last day, the crypto market saw prices rise. Alongside this, Solana’s price and its associated memecoins also went up. For instance, the price of dogwifhat (WIF) increased by around 3.65% during this period.<\/span><\/p>\n

Despite crypto prices being more unstable lately, WIF’s price has stayed around $3.050, a level it’s been at for the past week. Not many people are strongly buying or selling WIF in the crypto market right now. But, if WIF stays above $3.050, the bulls (buyers) could start gaining strength again and aim to push the price to $3.9075 this month.<\/span><\/p>\n

\"dogwifhat<\/p>\n

Market conditions seem promising for WIF, and if things stay bullish, it may reach the $4.65 goal. According to a recent analysis by a popular cryptocurrency data tracker, meme tokens Dogwifhat and Pepecoin are leading in leverage among altcoins. The data shows that these tokens have the highest Open Interest to Market Cap Ratios, meaning there’s a lot of leveraged trading happening compared to their market sizes.<\/span><\/p>\n

At the same time, Binance is launching an appealing promotion for taker fees on spot and margin trading pairs. Starting May 21, 2024, users can enjoy reduced taker fees on various altcoin pairs, including WIF\/USDT. With this discount, Binance hopes to encourage more trading, which could boost trading volumes and involvement in the market for supported cryptocurrencies like Dogwifhat.<\/span><\/p>\n

2. 99Bitcoins (99BTC)<\/b><\/h3>\n

The <\/span>99Bitcoins Token (99BTC)<\/span><\/a> is a fresh initiative that offers a unique opportunity for learning and earning. Potentially predicted to skyrocket by 1,000 times in 2024, this token operates on the Ethereum network and intends to transition to a BRC-20 token.<\/span><\/p>\n