New crypto Frogwifhat, inspired by Dogwifhat (WIF), pumps on Uniswap listing

With its quirky imagery that mixes the “wifhat” meta narrative with a frog character, Frogwifhat (FWIF) has develop into the most recent meme coin sensation following its launch on Uniswap on Feb 26.

Additionally spelled Frog Wif Hat, the brand new meme coin has been using its quirky attraction and the present curiosity in direction of Bitcoin and has surpassed $1 million in market capitalization inside 48 hours after its stealth launch on Uniswap. 

Regardless that Frogwifhat’s imagery is interesting, does it have sufficient punch to develop into the subsequent large meme coin of this yr? 

Frog with a La Beret and a Baguette

“Vs.” and “2.0” narrative meme cash took the cake late final yr, and cash like Pepe 2.0 and Shiba V Pepe climbed the worth charts rapidly as followers of memes got here collectively to share jokes throughout social media. 

2024, nevertheless, appears to be devoted to the “wifhat” narrative, meme coin characters with hats on. Frogwifhat is a challenge that merges the previous narrative with the brand new. 

Whereas his sporting a “le beret” provides to the brand new crypto’s “wifhat” narrative, a baguette in his hand that’s getting used to smack Doge additionally offers it a “vs.” attraction. $FWIF additionally seems to be aiming to be a 2.0 model of Dogwifhat, which has been pumping exponentially this week after Elon Musk talked about meme cash on his X feed once more.

Including to it’s the distinctive tone this meme coin has taken, which tells of Frog Wif Hat as a personality that’s bored with “no-class” meme cash and needs so as to add extra grace to the meme coin area of interest. 

Coupled with this distinctive tone is a novel method of representing the token. An accent-filled content material accentuating the “French” -ness covers the official web site, highlighting the “bourgeois toad who loathes at this time’s nouveau riche”. This content material reveals that your entire objective of this challenge is to overhaul all the key meme cash at the moment flooding the market.

New crypto FWIF explodes after Uniswap itemizing

Regardless that Frogwifhat arrived as a stealth launch, the neighborhood sniffed it out and got here collectively to push it to its all-time excessive. Inside six hours of launch, the frog-inspired meme coin elevated by greater than 800% to succeed in $0.004. 

Then, the brand new meme token’s worth is corrected, as is widespread with explosive new Uniswap listings. Nonetheless, degens reacted rapidly, and people new patrons have at the moment pumped its worth again over the $0.002 mark.

Regardless that the pattern round this very new crypto token, in response to the four-hour chart above, remains to be extremely unstable, the neighborhood hopes for one more surge to reach that would assist it develop into one other Dogwifhat.

A better take a look at the Frogwifhat roadmap – Subsequent Dogwifhat?

Frogwifhat’s potential may very well be gathered by taking a look at its simplified roadmap, which has three levels. 

The primary stage was the brand new crypto’s launch on Uniswap, establishing a social media presence and creating posts partaking the neighborhood by memes and “swears”. 

The second stage is pushing the challenge’s advertising efforts in a bid to make sure that there are a minimum of 1000 holders. At press time, the challenge has attracted upwards of 760 holders. This stage may also embrace launching Frogwifhat on the Solana blockchain by way of PortalBridge. 

Within the third stage, the challenge goals to generate sufficient virality to surpass the $100 million market capitalization, get 10,000 holders, and purchase high-end NFT artwork. 

The final stage signifies that this challenge may have some NFT-related utilities within the pipeline, however one thing of that kind has but to be spoken by the crew. 

The challenge is hilarious – Zach Humphries

Zach Humphries is a crypto YouTuber with greater than 125,000 subscribers. Final month, he gained a lot traction on social media and in some crypto circles by protecting SMOG, one other meme coin with a novel attraction. 

He has additionally reviewed and commented on the challenge, calling it a hilarious meme coin. Nonetheless, he did state that the challenge had some dangers, largely as a result of his evaluate was when Frogwifhat didn’t actually have a working Twitter account but. 

Crypto Beneficial properties is one other YouTuber to have lined Frogwifhat, and his views in direction of this new cryptocurrency are extra optimistic. In his view, memes will make a comeback, and he desires to get in now when nobody is paying a lot consideration. 

General, Frogwifhat presents an fascinating prospect for meme cash. Plus, it’s launching when the curiosity in new meme cryptos is in full swing, and the worry and greed index is pointing to excessive greed, making it time to purchase. 

These can go to the official web site frogwifhattoken.com to make a purchase order forward of its upcoming CEX listings or go to DEXScreener to see the most recent worth chart.

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