Meme coins have established a distinct niche in the constantly changing cryptocurrency market by capturing investors’ attention with their humorous titles and endearing branding. Two well-known names have long dominated the debate, even among the multitude of meme currencies fighting for attention: Dogwifhat (WIF) and Shiba Inu (SHIB).
However, a new player has entered the market, upending the established order and attracting the interest of both investors and analysts. This piece delves into the ascent of $HUMP, a relatively unknown cryptocurrency, and examines the reasons behind its commendation as the top meme coin for April 2024.
The Legacy of Dogwifhat (WIF) and Shiba Inu (SHIB)
Before we delve into the newcomer, let’s take a moment to reflect on the legacy of Dogwifhat (WIF) and Shiba Inu (SHIB). Both coins burst onto the scene with fervent enthusiasm, riding the wave of the meme coin craze that swept…