A freshly-launched meme token dubbed FrogWifHat (FWIW) is causing a stir in web3 circles, aiming to replicate the viral triumph of its predecessor Dogwifhat (WIF). Three cryptocurrency experts anticipate this new coin could experience a 50x surge in March.
FrogWifHat (FWIW) made its debut on Uniswap on Monday, swiftly soaring to a $4 million market cap within hours. Despite a subsequent pullback to approximately $1.2 million, the token presents an enticing opportunity for investors to capitalize on the dip, with analysts forecasting promising prospects for the token in the coming month.
According to the frogwifhattoken.com website, FWIF seems strategically crafted to emulate the achievements of meme coins like Dogwifcoin, Bonk, and Smog. There are even speculations circulating that FWIF might share founders with these aforementioned meme coin success stories.
Prospective buyers are encouraged to conduct thorough research, but there are several appealing aspects of the coin worth noting.
Firstly, over $320k in liquidity has been securely locked. This is a crucial factor for coins listed on decentralized exchanges (DEXs).
Locked liquidity ensures there is no possibility of a rug-pull, where the project team absconds with the funds belonging to token holders.
Furthermore, Frogwifhat was launched fairly, entailing that all 1 billion tokens were promptly made available on the open market.
The absence of token allocations for the development team or “marketing” purposes diminishes the likelihood of a token dump.
3 Crypto Experts Predict This New Coin Might 50x In March
Renowned crypto YouTuber Crypto ZUES, with a substantial following exceeding 70,000, emphasized that it’s still in the nascent stages to engage with Frogwifhat, hinting at its potential to ascend as a top-tier meme coin. He suggested that Frogwifhat could reach a market cap of $100 million.
Another notable figure in the crypto space, British crypto presale analyst Jacob Crypto Bury, expressed belief in the token’s potential for at least a 10x increase. He likened Frogwifhat to the trajectory of Dogwifhat, highlighting Dogwifhat’s current market cap of approximately $700 million, indicating the possibility of monumental gains, potentially in the hundreds of times over, for FWIF.
Despite Frogwifhat having only around 300 Twitter followers and 300 Telegram subscribers at present, its mention by numerous web3 influencers underscores how early it is in its development. This early stage has led investors to speculate that this new coin could experience a 50x surge in March.
How to Buy FWIF?
Individuals intrigued by the potential of Frogwifhat can explore it on Uniswap.
To make a purchase, they simply need to connect their web3 wallet (typically Ethereum-based) and ensure they have some ETH.
ETH can be acquired through any prominent cryptocurrency exchange, and setting up a web3 wallet, such as MetaMask, is free of charge.
