The crypto market is unpredictable, and investors are scratching their heads. A few coins, like ONDO, are dipping, and giants like Solana are trying to get back on track.
While the crypto market continues to experience unpredictable moments, with some coins like ONDO dipping and others like Solana attempting to regain momentum, a new meme coin has emerged, boasting some of the best P2E features in 2024.
As reported by a recent analysis, here's a closer look at how ONDO, Solana, and WW3 Shiba are expected to perform in the upcoming weeks.
ONO Dips Again
Despite a recent price drop of 8.8% on the 7-day chart, ONDO still manages to hold on. Did you know that ONDO is part of the Ethereum ecosystem and is supported by Coinbase! Currently, ONDO has a market capitalization of $1.4 billion and is trading at $1.08 per ONDO (at the time of writing).
This price decrease comes as ONDO continues to be involved in the decentralized finance (DeFi) market, enabling users to earn interest on their crypto holdings through lending and stablecoin offerings.
However, interest seems to be decreasing, as the ONDO ranking has slipped to 54th on CoinMarketCap. Over the last thirty days, the price has dropped by 24% and is still decreasing.
Will Solana Break the Bearish Trend?
Over the last 30 days, Solana has dipped by 19%. At the time of writing, it has reached $134. Earlier, on June 27, Solana encountered another blow with a sudden massive 90% drop in the daily value of USDC stablecoin.
This volume quickly raised questions about Solana’s credibility, with many speculating that the trades could have been a result of “wash trading.”
According to CoinMarketCap, the current Solana price is about $134 (at the time of writing). From its all-time high of $259, Solana has seen a decrease in value of just under 50%.
Analysts are still bearish on the price and are advising investors to be cautious in this volatile market.
WW3 Shiba: The New Favorite Memecoin
After catching the attention of retail traders, WW3 Shiba has secured its place as a top new altcoin to watch in the second half of 2024.
Fans of Web3 are flocking to WW3 Shiba in anticipation of SocialFi’s integration into blockchain gaming.
If WW3 Shiba’s practical roadmap is executed successfully, the meme coin will quickly rise to the top of the crypto market.
The project has allocated 8% of its total token supply for listing on major DEXes and CEXes to facilitate higher trading volume and a price surge.
Moreover, because WW3 Shiba is built on Ethereum, investors are discovering that purchasing WW3S tokens during the presale is more accessible.
Considering the presale projection of 580% gains, it’s certainly a possibility.
Conclusion
Some analysts believe Solana can break the bearish trend and continue to grow despite the recent dip. However, ONDO is continuing to dip, testing investors' patience.
On the other hand, the new socialFi meme coin, WW3 Shiba, is currently in its presale stage, attracting more investors and traders, making it one of the best meme coins to buy now.
If you're interested in learning more about the presale,
Website: ww3shiba.com
Twitter: https://x.com/WW3SHIBA
Telegram: https://t.me/ww3shiba_portal
This article was paid for. Cryptonomist did not write the article or test the platform.
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