Coinbase recently announced the launch of Pepe ($PEPE) and DogWifHat ($WIF) perpetual futures, making meme coin enthusiasts’ dreams come true.
The move will expand the platform’s derivatives market, Aroused strong investor interest in these two meme coins. Both have performed well over the past week, showing bullish sentiment.
Last week Pepe grew by 54% and DogWifHat by 28.58%.
At this speed, Both tokens may soon gain spot spot on Coinbase, which may further push its price higher. If the positive trend continues, $PEPE could drop another zero and $WIF could break above the $3 mark.
Built-in lever Perpetual futures High risk, high reward, but The prospect of earning passive income without buying or selling tokens Very attractive.
Next on the Coinbase perpetual futures market could be two other meme coins. One raised over $10.7 million in pre-saleanother one that grew 7,000% in the past year.
Let’s discuss these two projects below.
Dogeverse ($DOGEVERSE) – Coming soon to CEX, worth $0.0003
dog universe Is the world’s first multi-chain meme coin. It is released on Ethereum, BNB Chain, Polygon, Avalanche and Base. Solana should launch in the coming weeks.
According to the white paperthe project is working with Portal Bridge and Wormhole technologies to bring multi-chain functionality, which means:
- Faster speeds and lower costs bring a better trading experience
- Smooth inter-chain navigation and interoperability
- Excellent flexibility on six major blockchains
- An inclusive ecosystem where all investors can participate
$DOGEVERSE is currently worth $0.000301 USD and has Upregulate Over $10.7 million And it is quickly moving towards CEX listing. The project is in the final stages of its roadmap and based on current investor interest, Could be the next meme coin launched on Coinbase.
Over the past two days, investors bought $89,798 and staked $12,784 worth of $DOGEVERSE, for a total of $102,582.
If this project becomes one of New Coinbase Listing In perpetual futures, it will Allow investors to develop long-term trading strategiesgiven that these contracts do not expire.
investors who Buy Dog Universe It can be staked immediately with a reward rate of 103%. So far, holders have staked over 15.5B tokens.The project’s tokenomics show a staking allocation of 20B, so Early Investors will receive long-term passive income.
Visit the official pre-sale website Learn more about this project and see if it’s worth investing in.
CatCoin ($CAT) – 7,000% year-over-year growth
cat coin have Already listed on MEXC Trading volume in the past 24 hours was $41 million.Feline Token bills itself as “the most memetic memecoin on the blockchain” as it gathers 85,000+ followers on X (More than DogWifHat).
2 minutes of silence for those who don’t believe #catcoin and
-$1 million MCAP
-$2 million MCAP
-$5 million MCAP
-$10 million MCAP#catcoin Currently MCAP exceeds $30 million and is expected to soon exceed $1 billion MCAP, becoming the top #mememcoin of #cryptocurrency… pic.twitter.com/YAfmgQ2Fkh— Cryptodial.eth (@wallstreetpapa) April 23, 2024
The project’s market value has also exceeded $34 million and is currently trading at $0.000000000589. Growth last year was 7,000%, historical growth is 13,800%.
Last month showed a 50% downtrend, but based on community sentiment, $CAT may recoup the losses and reach a market cap of $100 million in the next period.
CatCoin’s total supply is 50 trillion tokens, and its liquidity is locked.this means The project destroys all liquidity tokens And give up contract ownership, making CatCoin a community project with a long-term vision.
According to the price increase of Pepe and DogWifHat, If CatCoin launches on Coinbase’s perpetual futures, we could see huge buyer interest and a bull season.
$CAT currently trades on DEXs such as Raydium, Uniswap and PancakeSwap, as well as two CEXs: MEXC and SecondBTC.
in conclusion
Pepe and WIF are launched as perpetual futures on Coinbase, marking a new beginning for Meme coins, Re-energize buyer interest and bring projects into the spotlight.
The same goes for Dogverse and CatCoin, if they are listed on perpetual futures. Cryptocurrency enthusiasts and investors are attracted by the flexibility of contracts with no expiry dates and perpetual futures trading.
However, this Derivatives markets are volatile and complexrequires a solid understanding of market conditions and performance patterns. We widely recommend DYOR to you Before participating in perpetual futures or buying memecoins.
