Fwog | Crypto Meme szn just get started Bitcoin pumped hard, and the meme season is just getting started
Whales have recently started accumulating FWOG, a frog themed meme coin launched four months ago, pushing its price to a new record. Following its listing on SolCex, FWOG became the highest performing meme coin among the top 25 meme coins on Solana, with its market cap almost tripling compared to Ethereum Layer 2's Scroll
The current price of Fwog is $0.47, with a 24hour trading volume of $ 33 million
Fwog has risen by 20% over the past day and a maximum supply of 975,635,328 FWOG coins
In October, FWOG was the second best performing meme coin, gaining over 262%, second only to SPX6900. The notable price surge on Nov. 5 was driven by whale accumulation. These whales purchased over $2.35 million worth of FWOG using a dollar cost averaging strategy, swapping USDC, WIF, POPCAT, and SOL tokens. Whale accumulation of an asset often leads to price increases, drawing in retail traders hoping for short term gains
Fwog Jumps to New Heights: Watch Out, Pepe!
The frog themed meme coins Pepe and Fwog are attracting significant attention as both gain nearly equal interest within the crypto community.Both Pepe and Fwog have shown upward momentum, but Fwog has exhibited stronger growth since its July launch.
While Pepe has declined by 40% since May, Fwog has surged by over 2000 %, even though Pepe's market cap is 19 times that of Fwog.Pepe, as a more established meme coin, bottomed on September 5 and has since followed an upward trendline. Each time it touches this line, the price has moved higher, suggesting that the uptrend could continue through the rest of the year. Investors entering at Pepe’s current resistance level may see gains if the trend persists. With both coins drawing similar recognition, there's rising debate about which will outperform.
The competition between these two coins highlights their potential market impact and innovation, making them strong contenders in the “battle of the frogs”
Fwog, meanwhile, is showing even greater upward momentum, moving away from its support trendline, which suggests it might retrace slightly before continuing to climb. Fwog's MACD shows significant buying pressure, putting it in a stronger position for gains than Pepe.
In contrast, Pepe’s MACD reflects weaker buying strength, with minimal volume bars, despite its upward price trend.While Fwog may seem more promising for short-term gains, Pepe’s established track record and substantial $4 billion market cap could appeal to investors looking for stability.
Open interest and performance comparison
Pepe shows a positive OI weighted funding rate of 0.0105% with its open interest rising to $175 million, indicating more interest from traders due to its established presence.
However, Fwog has a volume2marketcap ratio of 10%, compared to Pepe’s slightly higher ratio of 12%
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FWOGUSDT trade ideas
FWOG Top 10 Meme for 2024-2025 Cycle Review of FWOG Technicals:
FWOG follows a unique cycle of growth and accumulation, providing opportunities for both short-term and long-term investors. FWOG has exhibited a steady upward trend (Green), often characterized by sharp bullish movements (on the RSI green arrow) followed by periods of consolidation or "accumulation." (Yellow Arrow and Yellow Rectangle)
This pattern suggests that the coin is building strong support levels, allowing for healthy growth without severe volatility. The accumulation phases are seen as a period where buyers consolidate their positions, preparing for the next leg up.
Next Move:
ReAccumulation for now to end of October with a move forward as this meme/alt coin cycle keeps pushing up. I can see market cap reaching 300k in the next month.
Current: $0.1687
Price target: $0.33 - $0.37 for this next move
Longer term: $0.89 - $1.2
Fundamentals
Current Analytics:
162 Million Market Cap
21.5k Holders
Growing CEX listing list: MEXC, CoinEx, XT, Gate.io
New Listings: Crypto.com, Bitmart, LBank
Social Media: x.com
Followers: 21.9K
Meme Community Outlook:
Look at their twitter the creative and engagement is insane. x.com
Memes are all about growing the cult community and having a reason to stay. The steady increase in holders, closely mirrors the number of followers on Twitter. This correlation suggests that as more people discover and engage with FWOG on social media, they are also taking the step to become holders, reflecting growing confidence and community support around the coin.
Easily can grow to more followers = Increase in Holders = Price growth = Market Cap increases = more public acknowledgement = FWOG grows to Top 10 meme in this 2024 - 2025 cycle.
Holders:
In recent days, there has also been a surge in large-scale purchases of FWOG. On-chain data reveals that more significant investors, or "whales," are buying substantial amounts of the coin, reinforcing the upward trend. This activity indicates strong market sentiment, with key players accumulating FWOG during its consolidation phases, possibly in anticipation of further price increases. The combination of growing user numbers and large-scale buying reflects a healthy demand for the coin, supporting its recent upward movements.
If you do not know how to look at insider trades you need to learn how to use solscan.io and look at the holders page solscan.io
Look at big addresses to see there transfers and portfolio for insider information.
Wisdom:
BUY FWOG - Strong Community - Whales are taking profits on small projects and reinvesting in their fwog positions. Strong Creative.
You are not Late at 162 Million Market Cap this coin can grow into 500 Million Market Cap in the next months and reach 1 - 3 Billion Market Cap at the top of the cycle. You are early!
Picking your Meme winners that you have conviction in and holding will get you the gains you want and deserve for this cycle. $FWOG
