Rising Crypto Stars BRETT and Axmint Shake Up Crypto Industry, Challenge Dogwifhat Dominance

by elynaezza on Jun 19, 2024 Business 60 Views

The crypto meme coin niche, having grown tremendously over the last couple of years, is dominated by popular coins like Dogwifhat (WIF). At the same time, it is filled with rising crypto projects like Brett (BRETT) and Axmint (AXM). Early investors of these rising crypto tokens often make a killing down the road.

Of particular interest to investors is Axmint. A new coin on the block, it sports innovative characteristics and features, having a total supply of 25 Million AXM tokens. The token burning event is done and reduced supply. and also The presale is Live now, and giving rewards for early investors.

Dogwifhat price slump: Indication of sliding meme market dominance?

Launched in late 2023 on Solana, Dogwifhat quickly rose to the top of the meme coin niche. As at March 2024, it became the third-largest meme coin, touching the $4 mark. However, recent price depreciations have sent WIF tumbling down, with other coins threatening its position.

The Dogwifhat price currently stands at $2 It’s down a staggering 20% in the last month, as the crypto market battled several bouts of volatility. Most of the depreciation happened in the last 10 days, which might signal trouble for WIF holders.

However, despite the Dogwifhat price slump, WIF’s trading volume remains solid. There might be trouble on the horizon, but its core indicators are still strong. WIF might make a comeback after all, the recent Dogwifthat price drop might be a temporary price correction.

Impressive BRETT rally slows down, sheds 16% in 7 days

The Brett project terms itself “one of crypto’s most significant cultural icons” in the meme coin space. It bears a distinct semblance to Pepe the frog meme, and is also the mascot of the Base chain, which is a rising crypto platform for advanced traders to execute DeFi strategies.

As a result, Brett has a strong community of teeming supporters. This has bolstered BRETT, making it one of the rising crypto tokens of 2024. Since its debut in March, BRETT has gone through a wave of price jumps, hitting an all time high of $0.19 in June.

This high is the culmination of BRETT’s impressive rally and was quickly followed by several corrections. As a result, BRETT dropped 21% in the last week, as holders and whales alike take profit from the impressive run.

BRETT currently trades at around $0.13, with the possibility of further slides in the near future. This has marred its status as a rising crypto token, with tokens like Raboo set to take its place.

Axmint: The rising crypto token for savvy investors

Axmint is crafted from the finest blend of cutting-edge technology. AXM, the native token of Axmachine Blockchain Services is positioned as the network currency of the Axmint Ecosystem. The recent burning of 20% of AXM tokens marks a pivotal moment in the token’s journey.

With 50 million tokens permanently removed from circulation, the remaining 200 million AXM tokens stand to benefit from increased value and market stability. This strategic move not only showcases the team’s dedication to enhancing the token’s ecosystem but also sets the stage for a promising future for AXM holders and potential investors.

The AXM Token Presale provides an exciting opportunity for early investors to participate in this revolutionary project. Secure your AXM tokens on the Polygon, Avalanche, and Arbitrum networks.

The AXM presale is selling out fast, with the token available at just USD 0.4. The listing price will be 1 to 2 USD/AXM, which is a remarkable feat. In essence, AXM token investors are already making decent profits while the presale is going on.

There are talks the token would appreciate by 233% before the presale ends. Currently, the AXM token is listed on exchanges such as Dextrade.. After the presale, the team plans to launch the AXM token on other major exchanges, potentially yielding a 100x return on investment, according to forecasts.

Conclusion

Recent Dogwifhat price may have threatened its dominance in the meme coin market but rising coins like BRETT are not making use of this opportunity. It’s Axmint the new token that is rising to the occasion. Offering ROIs in excess of 100x, it’s the rising crypto coin investors cannot afford to miss out on.

 

Article source: https://article-realm.com/article/Business/64438-Rising-Crypto-Stars-BRETT-and-Axmint-Shake-Up-Crypto-Industry-Challenge-Dogwifhat-Dominance.html

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