With a nearly 100x bump in just a few days, Carlos Rodriguez’s new gaming meme coin has caught the crypto industry off guard.
And while the ambitions for this token are high, many analysts wonder whether the project has what it takes to compete with other presale “big dogs” like Wall Street Memes (WSM) and Sonik Coin (SONIK).
These two presale meme coins are projected to be the “new Pepe” due to their immense potential to rattle the industry and bring early investors a huge chunk of profits.
To better understand the landscape, let’s check out the latest news and details regarding these coins.
Carlos Rodriguez Sees Huge Success with SHIA Token – But Can the Profits Match the Potential of WSM and SONIK?
Carlos Rodriguez, known by his Twitter handle @CarlosR and as the former CEO of the renowned G2 Esports, has embarked on a new crypto venture and his token is already gaining significant attention.
To be specific, he is the creator of $SHIA, the native token powering the ShibaSaga meme coin gaming ecosystem. In just three short days since its DEX launch, this token has surged almost 100x, previously holding the top spot as the trending cryptocurrency on DEXTools. However, the value has since dropped off with a nearly 50% decrease in 7 Days.
The market capitalization of $SHIA stands at approximately $3 million, with over 4,000 holders and a 24-hour trading volume of $8 million. These figures underscore the considerable interest and activity surrounding $SHIA.
$SHIA offers practicality by fueling a platform that hosts multiple games, including ShibaCrush and ShibaKart. Additionally, it plans on introducing a Metaverse known as Shiaverse, NFTs, and staking features. Plus, Carlos’s involvement with $SHIA adds a layer of credibility to the project.
But can $SHIA continue to pump or is the profit period already over?
In the last seven days, the token dropped by over 40%, which brought down expectations among leading analysts.
Instead, they say that presale tokens like WSM and SONIK can bring much better ROI if you join the early investor club during the presale.
Wall Street Memes Passes $25M Milestone – Presale Soon Ending while Early Investors Look Forward to 70x-100x Gains
Wall Street Memes has come up as a significant player in the meme coin presales realm this year, garnering substantial support during the last two months, with early backers contributing over $25 million in presale funding.
The project has already amassed a community of 1M+ followers, and for many analysts, it’s poised for substantial growth upon its CEX launch that’s scheduled in less than 30 days.
In a nod to the anti-bank sentiment defined by Wall Street Bets investors, $WSM aspires to translate the powerful sentiment of this community into a tangible asset. Its aim extends beyond only tokenizing the anti-bank movement, but it seeks to redefine our understanding of digital value and meme coins overall.
Furthermore, a mystery crypto whale invested $1 million in the Wall Street Memes $WSM presale in early August, sparking speculation that it could’ve even been Elon Musk due to his recent engagement with WSM on Twitter. The whale’s address conducted five transactions totaling 460 ETH valued at $840,000, all executed within a span of six minutes.
Remaining true to its original anti-bank ethos, $WSM has allocated 30% of the token supply for community rewards, with an additional 20% dedicated to liquidity, and the remaining 50% available in the presale.
If you want to join the presale, there’s only a small window left to do so.
Sonik Coin (SONIK) Raises $2,000,000 in Record Time – Innovative Features Raise Investor Confidence in Big Gains
The Sonik Coin ($SONIK) presale has recently crossed the $2,0000,000 mark in record time.
The $SONIK presale kickstarted in mid-August, a period marked by notable turbulence in the cryptocurrency market. Despite these challenges, the presale successfully garnered over $2,000,000, a testament to the brewing around this project.
This project introduces a playful and somewhat absurd reinterpretation of SEGA’s iconic gaming character, Sonic the Hedgehog. Riding the wave of meme coins capitalizing on beloved characters, Sonik holds the potential to captivate a global audience and become a viral sensation.
The unique Stake-2-Speed mechanism has garnered the attention of experts, who speculate that a $100 million market capitalization is within reach. Their rationale lies in the expectation that a significant portion of the $SONIK supply will remain locked in the staking contract, creating a scarcity of available $SONIK tokens on the open market.
Consequently, individuals seeking to enter the market after the presale period may encounter higher prices due to the limited supply of tokens circulating outside the staking contract.
With all this in mind, now is the perfect time to invest in $SONIK and be among the early profiteers.
The Bottom Line
Even though Carlos Rodriguez’s SHIA token has seen a major increase over the last few weeks, the hype around the token is starting to cool down.
While there might be some additional profits to squeeze out, many are afraid it’s already too late to join the project.
Instead, analysts say we should focus on the two emerging meme coins Wall Street Memes (WSM) and Sonik Coin (SONIK).
These two tokens bring robust features, innovative ideas, huge community backing, and a team of professionals to the table, giving it a 100x profit potential narrative.
If this is true, now is the last chance to invest before the prices skyrocket!