New Elon Musk-Inspired ELONWIF Token Trending and Experts Say This Other Coin is Next
Solana meme coin markets show few signs of slowing down, as ELONWIF price analysis spotlights the latest Elon Musk themed token to explode, could this other coin be next to skyrocket?
This article will provide an analysis of ELONWIF’s current price trends and look to see whether an innovative new multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this time.
$ELONWIF is going like I’ve never seen
No signs of dumping in this so far@photofinishgame @zed_run pic.twitter.com/ImKPLcepXz
— Champagne Stars NFT Horses (@jasonch33451874) March 26, 2024
ELONWIF price moves garnered major traction after developers combined Elon Musk virality with a play on the recent rise of top Solana meme coin DogWifHat (WIF).
As price action continues to hammer to the upside, ELONWIF token is currently trading at a market price of $0.061 (representing a 24-hour change of +27,893%).
This comes after ELONWIF token exploded out of capitulative price action at around 14:00 UTC on April 28, in a sudden surge – fuelled by a rapid influx of more than $345k in trading volume.
A flurry of interest from retail traders saw ELONWIF gain quick-fire traction in the market, accelerating +26,153% in the first 3-hours to hit an initial high at $0.049 at 01:00 on April 29.
The substantial gains saw early traders take profit, triggering a brief localized retracement move down to lower support at $0.024.
However, a well-defender display by more than 1,300 holders saw ELONWIF explode out of consolidation this morning – with an ongoing second-rally leg now standing at +150% gains over the past 3-hours.
This leaves ELONWIF currently trading at a new all-time high of around $0.62, yet, with ELONWIF price analysts spotlighting an inflated
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