Will Cardano Hit $2 by the End of 2024?

Cardano’s governance reforms have the crypto world on edge, as founder Charles Hoskinson plans to introduce decentralized representatives to significantly alter the treasury’s control within 90 days of the Chang hard fork.

However, a shifting tide is diverting attention toward upstart juggernauts currently dominating their presales.

While Cardano is making strategic moves, projects like PlayDoge ($PLAY), Sealana ($SEAL), WienerAI ($WAI), and BaseDawgz ($DAWGZ) are attracting significant attention from influential backers.

Their presales are drawing high investments, and industry experts are excited about their rapid growth. These new projects could potentially surpass Cardano and achieve major success in the upcoming month.

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Cardano Price Prediction – Can $ADA Soar Above $2 by the End of the Year

Cardano’s futures trading volume surged by a massive 29% in the last 24 hours, reaching over $500 million according to CoinGlass. This spike outpaced the spot market activity of $466 million on exchanges.

The heightened derivatives trading points to a more speculative approach rather than a long-term investment. Amidst the broader crypto market turmoil with $250 million in liquidations, 87.5% of the $400,000 in liquidated Cardano positions were long positions.

Analysts predict the coin could reach $2 by year-end if the recovery momentum continues. Currently trading at $0.657, Cardano presents a buying opportunity as it could soon cross $1.

The DeFi sector’s growth, increasing large transactions, and Cardano’s upcoming bullish events in 2024 are fueling the optimism. However, after potentially creating a new swing high of $2.02, $ADA could settle around $1.37 by late 2024 due to exhaustion.

But, even though $ADA seems to be on the right path, many industry experts and major investors are shifting their focus toward the meme coin sector.

PlayDoge ($PLAY), Sealana ($SEAL), WienerAI ($WAI), and BaseDawgz ($DAWGZ) are all showing great bullish signs and are dominating their presales, presenting themselves as potential high gainers.

Let’s take a closer look at what these tokens bring to the table.

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PlayDoge ($PLAY) is Riding the GamiFi Wave of Success With Their Innovative P2E Feature

PlayDog ($PLAY) is a nostalgic Play-to-Earn (P2E) meme coin that has raised over $4 million in just two weeks of its presale. The retro game allows players to care for a virtual Doge pet, earning $PLAY tokens for positive efforts. With staking options on BNB Chain and Ethereum, early stakes enjoy up to 242% APY.

The project taps into the growing meme coin and P2E markets, which have seen significant investment despite the 2022 crypto winter. PlayDoge combines nostalgia for 90s digital pets with modern Web3 gaming. Its audited smart contract and potential Binance listing provide security for investors.

With 4.7 billion $PLAY tokens allocated to the presale, investors can purchase the tokens using BNB, ETH, or USDT before the launch potentially driving up demand. The innovative blend of meme culture, gaming, and crypto makes PlayDoge an intriguing opportunity in the space.

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Sealana ($SEAL) Already Raised Over $4 Million in ICO Presale Ends June 25

Sealana ($SEAL) is making waves in the crypto arena, offering tokens at $0.022 each to early investors. The project has garnered significant attention, raising over $4 million in a month and a half.

Running on Solana’s network, Sealana takes a lighthearted approach, emphasizing humor over utility. With its presale ending on June 25, many believe the token has strong potential to surge after launch. Investors can buy $SEAL with ETH, USDT, BNB, SOL, or fiat currencies.

The project has gained traction among Trump supporters due to its all-American theme, positioning it well in the meme coin market.

As part of Solana’s vibrant meme coin ecosystem, Sealana could achieve substantial growth, potentially reaching a $100 million market cap.

Early buyers will receive their tokens via airdrop, ensuring a smooth transition post-presale. Buy $SEAL now before the expected launch on June 25 and the price uptick that follows!

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WienerAI ($WAI) is The Next Big AI Meme Coin Already Smashing Through $5m in Presale

While established crypto projects capitalize on the AI trend, WienerAI ($WAI) is gaining notable investor interest. This meme coin features a robot-style dachshund mascot and combines humor with practical AI utility.

Its key feature is an AI-powered trading bot that identifies and executes trades, offering frontrunning protection. Additionally, WienerAI’s staking protocol allows holders to earn passive income, with over 5.1 billion tokens already locked.

Still in its presale phase, WienerAI has raised over $5.6 million, attracting attention from prominent YouTubers like Michael Wrubel, who highlighted $WAI as a top AI meme crypto for 2024.

The token is available for $0.000717 each, purchasable with ETH, USDT, BNB, or credit/debit cards.

With another price increase scheduled soon, now might be a good time to consider joining the presale.

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BaseDawgz ($DAWGZ) is One of the Hottest New Meme Coin Additions Positioning Itself as the Next 100x Token

Base Dawgz ($DAWGZ) stands out in the competitive memecoin landscape on the Base chain, having raised over $1 million in its ICO.

With a focus on multi-chain interoperability across Ethereum, Solana, Binance Smart Chain, and Avalanche, it ensures seamless navigation in the decentralized space. The project integrates technologies like Wormhole and Portal Bridge to support this expansive ecosystem.

Investors can participate in the presale, earning $DAWGZ through staking and social media engagement. The token’s share-to-earn concept incentivizes community involvement, boosting its market appeal.

With robust security features and a non-upgradable smart contract audited by Solid Proof, Base Dawgz aims for long-term stability.

Positioned for growth within the Base chain’s rapidly expanding community, Base Dawgz presents a promising opportunity amidst the rising demand for meme coins. Stay connected with the Base Dawgz community on social media for the latest updates and discussions.

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Final Words

Cardano ($ADA) shows promising signs of surpassing the $2 mark by year-end amidst its strategic advancements.

However, emerging meme tokens like PlayDoge ($PLAY), Sealana ($SEAL), WienerAI ($WAI), and BaseDawgz ($DAWGZ) are rapidly gaining attention and could yield significant returns before 2024 concludes.

These tokens have already demonstrated strong presale performances and innovative features, appealing to both investors and enthusiasts alike. With their unique propositions in gaming, AI, and community engagement, they represent compelling opportunities.

Explore these promising meme tokens now while prices are still favorable, before an anticipated major surge in the near future!

Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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