Dogwifhat, Book of Meme gain as new memecoin Sealana raises $300k

Dogwifhat and Book of Meme see significant gains in the Solana memecoin market, while new contender Sealana raises over $300k in its presale.

The Solana memecoin circuit continues to gain momentum, with Dogwifhat and Book of Meme surging 11% and 9% today. Meanwhile, emerging presale Sealana has breached the $300k total raise mark, stoking excitement that this could be the next big Solana meme coin.

WIF, BOME surge as VanEck bolsters memecoin excitement 

The $89 billion asset manager VanEck has sparked a FOMO-fueled frenzy by launching its “Meme Coin Index,” which tracks the price of the six largest meme coins.

Community members anticipate that this could lay the way for further institutional penetration into the highly profitable memecoin domain, causing prices to soar today.

Currently, the total market cap of memecoins is up by 3.5%, outperforming the total crypto market cap, which is up 2.2%. However, Dogwifhat and Book of Meme have enjoyed outsized, bullish performances.

For Dogwifhat, it is currently trading at $3.16, up 11% today and 12.8% this week, but remains down 9% this month. It holds a $3.1 billion market cap and a $461 million 24-hour trading volume.

Analyst Achilles.sol speculates that WIF could be primed for monumental gains in the coming months, noting its relative strength against other top cryptos. “WIF looks incredible against both SOL and PEPE. It has made a clean breakout against SOL after months of coiling with a bullish MACD cross.”

He continued, “It has made a bullish divergence against Pepe with a bullish MACD cross and restest of prior range highs. Dogwifhat will continue to outperform whether you like it or not.”

Meanwhile, Book of Meme is trading at $0.01163, up 9% today and 20% this week but down 8% this month. It has a $802 million market cap and a $241 million 24-hour trading volume, up 24% today.

Analyst DeFi Chads noted that Book of Meme has entered an accumulation phase but could be poised for a parabolic breakout in the coming months. “The longer the Base = higher into space? BOME entered a multi-week accumulation phase, but will it translate into a mega run?” he wrote.

Indeed, with today’s uptick outpacing the market average, it seems that BOME could be gearing up for a historic breakout. However, the Solana memecoin ecosystem continues to present new opportunities. 

As Book of Meme emerged as a presale sensation, another new project vies to repeat history. It is called Sealana and remains in its presale phase, having raised $350K so far.

Can Sealana surge like BOME after its exchange launch?

Igniting a Solana presale mania, BOME debut made presale investors outrageously rich, becoming the fastest-ever crypto to a $1 billion market cap (in just two days) and turning 5-figure presale investments into 7-8-figure portfolios.

But now, there is a hilarious foul-mouthed, South Park-inspired meme coin on the block, and it looks just as promising as Book of Meme did.

Sealana, a seal-themed meme coin who swapped his sea-dwelling lifestyle for the pursuit of meme coin riches, now lives in his mom’s basement, where he chomps on canned tuna and chips and dreams of one day stepping out into a rose-gold Lambo.

The community loves this witty backstory and has rushed into its presale. However, analysts like Jacob Bury have speculated it could 100x, and juggernaut media outfits like Coinpedia, CryptoPotato, and CoinCodex have all covered it.

While there’s no doubt that this new project holds lots of potential, the presale follows a similar mystical setup to earlier phenoms like Book of Meme, Slerf, and Slothana. That is, no predetermined hard cap, and users can send SOL to the presale wallet address to enter.

However, traders can also invest in the Sealana presale using the buy widget on the project’s website, which enables them to connect their wallets and pay directly.

To learn more, visit the Sealana presale.