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SKI on Base continues to outperform meme coin market, hitting new highs during bull market dip – and now analysts believe 99BTC is next.
Study the tokens that perform well, even when the overall market is down. Bitcoin is leading the charge on this market-wide dip, having touched $62,000 on this Monday morning.
There is a lot of bearish sentiment on the timeline, but a few meme coins refuse to take part. Base and Solana are still the hottest chains for meme coins, animal-themed coins especially.
The front page of Dexscreener is dominated by Cats and Dogs on both Base and Solana and one of the best-performing coins in this category is SKI.
SKI – The Mask Stays On
Ski Mask Dog on Base has one of the best meme coin communities in crypto right now. The original developer dumped his bag early on, leading to a community takeover.
The results have been incredible, up over 10x since then and the constant presence of the Ski Mask Dog on X has helped to onboard some notable people.
Jesse Pollak, the creator of Base and a senior Coinbase employee has bought a bag of SKI on his public wallet while praising the project publicly on social media.
Even more bullish than this is global superstar Camila Cabello changing her profile picture on Instagram to the Ski Mask Dog logo.
She has just shy of 67 million followers on Instagram, and the exposure from this is unbelievable. It puts SKI firmly in the hot seat to become the top meme coin on Base.
(SKIUSD)
SKI has been on an upward trajectory and one of the best performers in the market over the past few weeks, while the majority of the market has been bleeding.
History tells us that coins that show strength during dips in the market will over-perform once the rest of the market turns green again.
The Ski Mask Dog chart looks to be a prime example of a bullish chart in a sea of red. SKI currently has a market cap of $30m and is processing nearly $2m of volume per day.
Meme Coin Distribution Drama Engulfs BRETT Community
Another hot topic surrounding meme coins recently is distribution. Following the drama around BRETT on Base, which recently crashed over -50% in a day due to reports that the team sniped 80% of the supply at launch and began dumping their bags late last week.
SKI has a very well-distributed supply, meaning no bad actors holding large percentages of the token can crash the chart singlehandedly.
$SKI distribution is one of the best I’ve seen for a Base coin under $30m.
(NFA, I am one of the top holders) pic.twitter.com/geadPKhTeW
— CJH (@chrisjheth) April 28, 2024
Better Play? 99BTC Presale is Still Ongoing and Close to Hitting $1m in Raised Funds!
Don’t miss out on a chance to secure your bag of 99BTC, 99Bitcoins’ very own Learn-2-Earn tokenized project.
There are less than 24 hours to go before presale moves onto the next stage, increasing the price-per-token! Secure your bag, and while you wait for the token launch, you can stake your tokens and earn more than 99BTC instantly.
Exclusive access to advanced modules is available for $99BTC token holders. 🏆
Dive into topics from sophisticated trading strategies to in-depth #Blockchain technology applications.
Join the #Presale now!
👉 https://t.co/NXD7DAamqr#99Bitcoins #Bitcoin #CryptoNews pic.twitter.com/M5p0dtDc9f— 99Bitcoins (@99BitcoinsHQ) April 28, 2024
The 99Bitcoins token has an insane amount of utility planned. The team is building a crypto learning platform that will offer token rewards for working through the curriculum, along with a community-driven crypto trading signal platform.
Another bullish aspect of the project is that 99BTC will be built on the super-hot BRC-20 network.
Read more in-depth about what the team has planned by clicking the ‘Whitepaper’ tab here.
Secure your presale tokens here.
EXPLORE: Is BTC Set for a Quiet Spring After Bitcoin Halving Event? Here’s Why Traders Eye Altcoins in Q2
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
