DOG on the rise! The new wave of memecoins is here; Stay tuned

While most memecoins face a fall this Thursday (13). DOG•GO•TO•THE•MOON (DOG) is on the rise. According to data from CoinGecko, in the last 24 hours, memecoin DOG has risen more than 7%. At the time of writing this article, the cryptocurrency is costing US$0.0079.

What is DOG•GO•TO•THE•MOON (DOG)?

$DOG, also known as DOG•GO•TO•THE•MOON, is a meme cryptocurrency based on the Bitcoin blockchain. It uses the Runes protocol, which allows for the efficient issuance and management of fungible cryptocurrencies in the Bitcoin ecosystem.

$DOG seeks to be a community-driven currency, with a mission to “reach the moon”. The currency not only offers fun to its users but also the security and trust associated with Bitcoin.

During the Bitcoin halving in April 2024, $DOG was officially launched. The team distributed all tokens to Runestone holders for free. This helped create a solid user base from the start.

DOG rises and BRETT retreats

While DOG rises, other memecoins that were on the rise retreat. The biggest “loser” of the day in terms of price, considering the Top 100 cryptocurrencies, is BRETT, with a daily decline of more than 12%. At the time of writing, the cryptocurrency costs US$0.14, its lowest price since June this year.

The BRETT memecoin is inspired by the comic book “Boy’s Club” by Matt Furie. Recently, the cryptocurrency reached a significant milestone by becoming the first meme cryptocurrency to reach a market cap of $1 billion on the Coinbase-incubated layer-2 blockchain network, Base.

The rise of BRETT coincided with an increase in the total value locked on the Base network, which reached a record $1.78 billion, according to data from DeFi Llama.

MEME also retreats

Another meme cryptocurrency to record a decline this Thursday (13) was Memecoin (MEME). In the last 24 hours, the price of the 177th largest cryptocurrency on the market fell by almost 10%. At the time of writing, the token costs $0.021.

Memecoin (MEME) describes itself as a meme currency, with no use, no scripts, no promises and no expectations of financial return. “Just 100% meme.” MEME is the native token of the Memeland ecosystem, the independent web studio 3 of 9GAG, the largest meme platform. Its mission is to become an entertainment token worldwide.

PlayDoge

While already launched memecoins rise and fall, investors are still looking for meme cryptocurrencies that have not yet hit the market. This is because these assets still have a low presale price. Therefore, they can make good profits if they increase in value when listed on exchanges.

One such case is the PlayDoge memecoin, which has already raised more than US$4.2 million in its pre-sale. Memecoin came up with a proposal that combines the modern with the new and caught the market’s attention. The project is inspired by Tamagochi, a popular game in the 1990s. And, just like the famous Japanese game, at PlayDoge it is possible to participate in games within the platform and earn additional tokens as rewards.

PlayDoge is also the name of the pet that you control on the platform and must feed, put it to sleep and make it perform certain tasks. As it is still in pre-sale, this memecoin can offer great returns, especially for those who purchase their tokens before the price rises.

WienerAI

Another case of pre-sale memecoin is that of WienerAI, which has already raised more than US$5.6 million since the opening of the sale of its token. This number shows that the idea of ​​a memecoin using AI to facilitate trading operations was well received by investors.

WienerAI is a memecoin whose mascot is the famous “sausage” dog. Unlike other memecoins, they have real uses. WienerAI is based on one of the most innovative areas today: Social Artificial Intelligence (ASI). ASI’s goal is to solve one of the biggest obstacles to the advancement of AI: lack of social skills.

In this sense, WienerAI seeks to be users’ personal cryptocurrency trading assistant. And based on the right criteria, it has the autonomy to carry out trading operations with a high level and accuracy. The network has a trading robot that uses AI to calculate the best entry and exit points in digital asset trades. Access the official website now and secure your tokens.