In the latest Solana meme coin pump, new coin Peshi Cat (PESHI) has exploded in a 120x skyrocket.

This article will provide an analysis of PESHI’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this time.

$PESHI SAID: SEND IT! pic.twitter.com/e549Ut1ekx

— $PESHI (@peshi_sol) April 15, 2024

PESHI price moves appear to be a straight-up no-utility meme coin play, with upside gains fuelled by pure viral traction across the crypto community on platforms such as X.

PESHI Price Analysis: As Peshi Cat Token Explodes An Astronomical 120X – Is This Other Coin Next?

As price action fights for lower support, Peshi Cat is currently trading at a market price of $0.00000066 (representing a 24-hour change of -47.9%).

Launched at just 18:00 UTC on April 14, the PESHI price gained strong traction in its first day of trading, hammering up +25,000% to hit an all-time high of $0.00000027.

Lower support was established between $0.00000010 and $0.00000017, and this set the stage for a second-retest of resistance around the all-time high on April 15.

However, a strong rejection at this level has since seen price action bleed-out -47.9% in the hours since – with Peshi Cat tumbling through lower support into capitulative territory.

Yet, with buy pressure remaining dominant at 52% of transactions over the past hour – 2.38k holders remain in hope – with a now alluring $265k market cap offering a potential 10-20x move for late-stage investors here.

But while PESHI holders ride-or-die over the next 24-hours, a more lucrative long-term value accrual play is emerging in a viral multi-chain Solana meme coin presale.

One DOGE to Rule Them All? New Multi-Chain Crypto Dogeverse Seeks To Deliver Dogcoins to Cross-Chain Trading

Dog-themed meme coins are big business in the 2024 crypto market, and a new project – Dogeverse (DOGEVERSE) – is making a name in the market with a unique offering: delivering cross-chain dogcoin trading.

The idea; which taps into the shift towards cross-chain ecosystems, has clearly supercharged excitement amongst retail traders – with the ongoing Dogeverse presale now standing at a whopping $5,352,581 raised.

Imagine being able to effortlessly transfer your meme wealth between Ethereum, Avalanche, BASE, Solana, and BSC – Dogeverse seeks to deliver just that – providing bounds of upside potential for the new meme ecosystem. 

Embarking on a journey through the #DOGEVERSE, the pioneering multi-chain #Doge #Token, inspired by #Cosmo‘s epic adventures.

Leading in #Blockchain connectivity, uniting diverse #Crypto communities with Doge memes and a vision of a unified ecosystem across chains! pic.twitter.com/Woe1wYvxqh

— DogeVerse (@The_DogeVerse) April 16, 2024

Dogeverse’s developers believe that this approach democratizes access, and anyone can acquire the coin, turbocharging growth – and becoming a force across the crypto market.

Looking at events in the market, the in-demand Dogeverse presale will likely reap massive benefits as more users flock, searching for potent meme coins.

Supporters claim Dogeverse could be the next BONK and BOME, securing a $1 billion market cap in the coming weeks.

Don’t miss out on the next pump – follow Dogeverse on X to get the latest news and connect with the presale community on Telegram.

Join The DOGEVERSE Presale Here

The post PESHI Cat Coin Skyrockets 120x: Discover the Next Crypto Sensation as This Multi-Chain Meme Coin Makes Waves Across Platforms appeared first on Cryptonews.