While Doge2.0 Shoots Up 5,000% Crypto Experts are Stacking This New Meme Coin as the Next Crypto to Explode – What Do They Know?

cryptonews.com:

Doge2.0 has risen by more than 700% in the past 24 hours, with the new meme token having gained by as much as 5,000% since it first listed on Uniswap in a pairing with Wrapped Ethereum (WETH).

DOGE2.0 is the latest in a long line of meme coins to have emerged this year to enjoy apparently massive gains, with the likes of PEPE, SPONGE and WOJAK easily beating the market on numerous occasions (as well as falling harder than the market).

However, despite its initial surge, it now seems that DOGE2.0 has run out of steam a little, given that it's actually down by 69% from its all-time high of $0.022, which was set yesterday.

Investors are therefore already turning to other likely candidates, with one new meme token – Wall Street Memes (WSM) – currently in the middle of a presale that has raised in excess of $11.1 million.

There really isn't much to say about DOGE2.0, other than it's another anonymously launched meme token that has nothing to do with its source material (i.e. Dogecoin).

DOGE2.0 had operated under the radar for several weeks before it was seemingly discovered yesterday, with its price rising to a then-record high of about $0.0054 early in the morning, before seeing two even bigger surges later in the day.

However, as noted above, its rally to an ATH of roughly $0.022 has run out of steam, even if it is still technically up in the past 24 hours.

As its chart shows, its price has flatlined fore the past few hours, hovering around the $0.006608 level as it struggles to attract new investors.

It would be tempting to conclude that it has run out of steam already, even if it's still pretty early days in its life.

That said, of all the meme tokens to have appeared this year, DOGE2.0 is particularly lacking in an associated