- Dogwifhat (WIF), a Solana-based memecoin, surged 18.33% in the last 24 hours.
- WIF’s rally signals a potential return of the memecoins season.
- Investors look toward BBG, as a target for massive profit in the upcoming bull run.
Dogwifhat (WIF), a Solana-based memecoin, surged 18.33% in the last 24 hours, per TradingView’s data, delivering early signals of a return of the memecoin season. The novel memecoin launched six months ago but was one of the most profitable cryptocurrencies in Q1 2024, rallying over 2,100% in its first bullish trend.
WIF’s Q1 rally is typical of memecoins behavior that distinguishes the crypto category as a speculative opportunity for digital asset investors. Most top memecoins typically have that one season of ballistic movement before settling into the broader crypto market dynamics.
After WIF’s significant rally in Q1 2024, many crypto users are paying close attention to the next viable option. Top on the crypto users’ list is the Barbie Girl (BBG) memecoin, based on Binance’s BNBChain.
For those who may have missed the initial WIF rally, the BBG could present an opportunity for significant profit-making in crypto investment. It is a memecoin project that launched towards the end of 2023 but is only beginning to ramp up activities that could lead to massive adoption.
BBG’s social status is growing significantly following the project’s attractive marketing strategies. At the end of April, BBG announced a bonus plan for referring users on its platform. The novel memecoin project offers a 10% bonus to existing users who convince others to buy the BBG token.
Crypto users seeking to benefit from the program would first sign up on the BBG website and buy at least $1 worth of the token to get a referral code. The users can share their referral codes unlimitedly and earn 10% of the value invested by anyone using them.
Many crypto users consider this a timely strategy, given the growing memecoins awareness and crypto users’ openness toward adopting the technology. WIF has signaled the potential return of the memecoin season, and crypto users are watching BBG as the next big thing regarding the memecoins rally.
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