A Potential 3,500% Rally: The Case for Investing in Swole Doge (SWOLE)
Introduction to Swole Doge (SWOLE)
Swole Doge (SWOLE) currently has a market cap under $100,000, meaning it has immense upside potential and could turn thousands into millions of dollars if its market cap hits $10 million.
The upcoming 3,500% rally
Swole Doge (SWOLE) is gearing up for a 3,500% rally in the next 14 days, as this memecoin – which was launched in late 2021 – re-emerges and attracts a new wave of investors who are cashing in their SHIB and DOGE profits.
Contrasting large meme coins
SWOLE has rallied around 200% in the last day, but it has huge further potential to rise, as its current market cap is still under $100,000, in stark contrast to large memecoins like Shiba Inu and Dogecoin.
Trading environment of SWOLE
The coin is only trading on a handful of Solana decentralized exchanges, like Jupiter, and the token’s price is set for explosive growth amid reports that the coin’s first centralized exchange listing, on MEXC, will be announced early next week.
Anticipation of CEX listing
In anticipation of this, shrewd memecoin investors are pouring money into SWOLE, in expectation of its price surging throughout April and May.
Impact of CEX listing
A CEX listing for SWOLE will give the coin exposure to hundreds of millions of new traders, and could result in massive inflows into the coin which will cause its price to skyrocket.
Potential return on investment
However, even before the CEX listing is announced, it is expected that SWOLE will rally further and potentially breach the $0.0001 mark by Sunday or Monday. This would result in investors who buy in at the current price achieving a circa 700% return on their investment.
Investor strategy
However, given the token’s massive medium-term potential and scope for bullish catalysts, most investors won’t be planning to take profits before Q3 and Q4.