“Searching for the next DOGE” – Crypto analyst Michael Van de Poppe shares his views on Solana’s BONK meme craze and Floki’s real-world asset bet
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Altcoins And even coins are Currently navigate agitated waters In THE cryptocurrency walk. This follows Bitcoin BTC/USD price roll Coaster, Or THE summit cryptocurrency enriched has $49,000 last week After THE launch of BTC exchange traded funds (AND F) In THE WE., only has experience A fast slow-down has $41,000, as A 'sell THE news' effect kicked in.
Decline Of Summit Piece of money Shots Altcoins Difficult
Altcoins as Ethereum ETH/USD, Cardano ADA/USD, And XRP XRP/USD, among other cryptocurrencies, to have recently tumbled. Even coins as Dogecoin DOGE/USD And Shiba Inu SHIB/USD were not saving either, experiment similar drops.
Analyst Michael Van of Poppe spoke has Benzinga about how even coins, specifically by Solana BONK BONK/USD, Floki FLOKI/USD, And TokenFi TOKEN/USD, are navigate THE cryptocurrency walk landscape In 2024.
BONK experimented A meteoric increase, soaring by 9900% In 2023. Initially destined as A token For relief help, BONK took advantage of It is robust community support And THE recurrence of THE Solana ecosystem, catapult he has become A of THE years the most efficient assets.
THE Pursuit of THE Following Viral Even Cryptocurrency
Van of Poppe said, " GOOD, THE even piece of money In THE Solana ecosystem, has watch A massive back to the top, through which A plot of people research has leap on THE car, And traders research has trade THE active has TO DO Of course that they can get A come back. »
He further explain that traders are bet on even coins as Floki, TOKEN, BONK "In research For THE following Dogecoin", Sparks A rushing has capitalize on potential gatherings.
Look in front, Van of Poppe doubt that utility would be be A primary driver For even coins, he suggested community strength And topical threshing as key factors. “Memecoins are probably going has be conduct due has community strength And THE threshing of THE day," he added.
See Learn more: Dogecoin HODLER Are Beat Shiba Inu With 57% Landing In Profits, In the block Data Reveal
HAS Tokenize Or Not HAS Tokenize, That East THE Question
In A industry more and more look has tokenize real world assets (RWA), even coins are discovery new foot. He said, "HAS be fair, If A even piece of money decided has be TO DO something with RWA And has that as A buzzword including A strong community, you go see he TO DO GOOD When RWA do well."
Last year, Floki developers spear A tokenization platform TokenFi TOKEN/USD dedicated has THE rising RWA segment In A effort has position THE ancient memecoin project as A serious Challenge competitor, align with wider industry moves towards tokenization foreseen by leaders such as Larry Snitch of Black rock.
Snitch...
Altcoins And even coins are Currently navigate agitated waters In THE cryptocurrency walk. This follows Bitcoin BTC/USD price roll Coaster, Or THE summit cryptocurrency enriched has $49,000 last week After THE launch of BTC exchange traded funds (AND F) In THE WE., only has experience A fast slow-down has $41,000, as A 'sell THE news' effect kicked in.
Decline Of Summit Piece of money Shots Altcoins Difficult
Altcoins as Ethereum ETH/USD, Cardano ADA/USD, And XRP XRP/USD, among other cryptocurrencies, to have recently tumbled. Even coins as Dogecoin DOGE/USD And Shiba Inu SHIB/USD were not saving either, experiment similar drops.
Analyst Michael Van of Poppe spoke has Benzinga about how even coins, specifically by Solana BONK BONK/USD, Floki FLOKI/USD, And TokenFi TOKEN/USD, are navigate THE cryptocurrency walk landscape In 2024.
BONK experimented A meteoric increase, soaring by 9900% In 2023. Initially destined as A token For relief help, BONK took advantage of It is robust community support And THE recurrence of THE Solana ecosystem, catapult he has become A of THE years the most efficient assets.
THE Pursuit of THE Following Viral Even Cryptocurrency
Van of Poppe said, " GOOD, THE even piece of money In THE Solana ecosystem, has watch A massive back to the top, through which A plot of people research has leap on THE car, And traders research has trade THE active has TO DO Of course that they can get A come back. »
He further explain that traders are bet on even coins as Floki, TOKEN, BONK "In research For THE following Dogecoin", Sparks A rushing has capitalize on potential gatherings.
Look in front, Van of Poppe doubt that utility would be be A primary driver For even coins, he suggested community strength And topical threshing as key factors. “Memecoins are probably going has be conduct due has community strength And THE threshing of THE day," he added.
See Learn more: Dogecoin HODLER Are Beat Shiba Inu With 57% Landing In Profits, In the block Data Reveal
HAS Tokenize Or Not HAS Tokenize, That East THE Question
In A industry more and more look has tokenize real world assets (RWA), even coins are discovery new foot. He said, "HAS be fair, If A even piece of money decided has be TO DO something with RWA And has that as A buzzword including A strong community, you go see he TO DO GOOD When RWA do well."
Last year, Floki developers spear A tokenization platform TokenFi TOKEN/USD dedicated has THE rising RWA segment In A effort has position THE ancient memecoin project as A serious Challenge competitor, align with wider industry moves towards tokenization foreseen by leaders such as Larry Snitch of Black rock.
Snitch...
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