• Doge2.0 has seen a surge of 5,000% since it was listed on Uniswap in a pairing with Wrapped Ethereum (WETH).
• Investors have already begun to shift their attention to Wall Street Memes (WSM), which is currently holding a presale and has raised $11.1 million.
• However, DOGE2.0’s rally appears to be running out of steam, as its price has been flatlining around the $0.006608 level for the past few hours.
Doge2.0 Shoots Up
Doge2.0 has risen by more than 700% in the past 24 hours, with the new meme token having gained by as much as 5,000% since it first listed on Uniswap in a pairing with Wrapped Ethereum (WETH). DOGE2.0 is the latest in a long line of meme coins to have emerged this year to enjoy apparently massive gains, with the likes of PEPE, SPONGE and WOJAK easily beating the market on numerous occasions (as well as falling harder than the market). However, despite its initial surge, it now seems that DOGE2.0 has run out of steam a little, given that it’s actually down by 69% from its all-time high of $0.022, which was set yesterday.
Next Crypto To Explode?
Investors are therefore already turning to other likely candidates, with one new meme token – Wall Street Memes (WSM) – currently in the middle of a presale that has raised in excess of $11.1 million. There really isn’t much to say about DOGE2.0, other than it’s another anonymously launched meme token that has nothing to do with its source material (i.e