HARIBO Token Surges 11,000%, Leading Meme Coin Rally as Rival Raises $9 Million

Solana meme coin markets show no signs of slowing down post-halving, fueled by a wave of 4/20-inspired confectionery-themed tokens that have exploded over the weekend, with HARIBO price leading the pack.

This article explores how HARIBO’s price surged 11,000% and identifies the next major meme coin poised for significant growth in the macro summer.

$Haribo careful!
Dev put 100% of supply to LP and then immediately used a different wallet to buy over 66% of the total supply. Then used those to spread between many wallets.
Basically you are getting soft rugged by over 66% of supply. Do what you want with that. More details in… pic.twitter.com/bdapsq7FTT

— Kakashi (@kkashi_yt) April 21, 2024

Despite the impressive gains, Solana meme coin analysts on Crypto X have raised alarms, warning of a potential soft-rug pull by the developer.

HARIBO Price Analysis: Will the #3 Solana Meme Coin’s Soft Rug Prophecy Come True?

As price action re-tests upside resistance, HARIBO is currently trading at a market price of $0.05098, representing a 24-hour change of +35.95%.

This follows HARIBO’s launch at 13:00 UTC on April 21, a move that gained instant traction amid a breakout trend for candy-themed cryptocurrencies.

Frenzied volume saw HARIBO price shoot up +11,000% in just three hours of trading, with the price rallying to hit an all-time high of $0.1244 around 15:00.

In the hours since, early backers took profits, fueling a -90% retracement move, further exacerbated by added sell pressure from the developer.

However, after an impressive display of consolidation above the bottom support level at $0.0068, recent hours have seen upside momentum resume, with HARIBO price climbing +515% to retest resistance at $0.07.

A successful break above this level could leave HARIBO with a bullish technical pattern, suggesting a bullish structure for the day ahead.

Furthermore, with an attractive market cap of just $449k, late-stage investors could still earn up to 10x returns.

Retail investors are defying the slow rug risk to participate, with buy pressure representing 51% of transactions over the past hour.

Yet, with red flags in developer behavior, smart money traders are shifting their attention to a better opportunity: the DOGEVERSE presale.

Discover DOGEVERSE as Presale Surges Past $9 Million Ahead of Explosive Multi-chain Launch

While HARIBO faces risks of a slow rug, DOGEVERSE continues to gain viral traction as the fastest-growing meme coin presale surges past $9 million raised.

But what is driving retail investor excitement for this new cryptocurrency presale?

The answer is simple: the unification of DOGE across all major blockchains.

You heard that right – while the original Dogecoin has inspired a huge family of spin-off tokens, no DOGE-linked meme coin has ever delivered multi-chain trading.

#Cosmo, the pioneer of multichain meme utility, strives to unite the #Crypto meme community.

As the first #Doge #Memecoin on six #Blockchains, Cosmo wants to shine on every #DEX, #CEX, and meme haven.

With interstellar convergence, Cosmo redefines trending on #DEXTools. pic.twitter.com/rkM4fVcFVW

— DogeVerse (@The_DogeVerse) April 22, 2024

DOGEVERSE is here to fill a huge void in the era of omnichain cryptocurrency.

DOGEVERSE will operate on Ethereum, Polygon, BNB Chain, Solana, Avalanche, and Base, a multichain feature that supporters believe will drive prices in 2024.

Moreover, holders cite DOGEVERSE’s capped supply of 200 million, combined with staking, as attractive attributes.

These features are likely to create a supply squeeze, progressively lifting prices over time.

Buy DOGEVERSE Here

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