Benzinga - Popular crypto trader Mayne asked his audience how one could turn $100,000 into $1 million with meme coins such as Dogecoin (CRYPTO: DOGE) and Dogwifhat (CRYPTO: WIF).
What Happened: In his tweet, Mayne mentioned the consensus price target for Dogecoin is $1 before the current cycle ends. He also noted Dogwifhat was emerging as “one of the premier new memes” in the market.
Another notable crypto trader, Hsaka, tweeted an image indicating “four” with his fingers, possibly suggesting that the price target for Dogwifhat could be $4.
Also Read: Dogwifhat Surges 15%, Chases Floki Inu: ‘Stupidly Bullish’ Investor Asks ‘Coinbase List WIF Next?’
Crypto Community Responses to Mayne: Crypto trader Cold Blooded Shiller responded with humor: “nice attempt to get me to produce financial advice fed,” while others, like Based16z and trader Josh, suggested “Shib.”
Some traders, including Ansem, emphasized going all-in on Dogwifhat, while others suggested diversifying into Coq Inu (CRYPTO: COQ), Popcat (CRYPTO: POPCAT), MOG Coin (CRYPTO): MOG and SLERF (CRYPTO: SLERF).
A trader named wudavide suggested allocating $60,000 to Dogecoin and $30,000 to WIF, reserving the remaining $10,000 for bills “if I go broke.”
Crypto Mocho recommended a 60/40 split between both tokens and indicated potential rotation towards the underperforming asset, likely Dogecoin, to a 70/30 split.
Yet another trader opted for a dog meme on Doge:
You allocate to $omnomThe highest beta of doge, the 1st dog meme on doge, the 1st dog meme.
Dogeᵈᵒᵍᵉ, dogeception.
And you turn your $100k into
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