Costco Hotdog Coin ($COST) is back on the rise after the big drawdown from March. Will this memecoin do what it is programmed to do? And will capitulators buy back in higher? It could be, as the memecoin army of $COST is pushing its message across all social media. In this article, we take a look at another memecoin which revolves around a hotdog of the famous American supermarket, Costco.
Costco Hotdog Coin’s Success
Costco Hotdog Coin could do well this summer, fueled by the enduring legacy of the $1.50, 100% Beef Combo that has been available since 1984 at a stable price. This makes it a true store of value for many people, and for crypto enthusiasts, it is sufficient reason to launch a coin to honor it.
The Hotdog, with its existing cult following and wide base of enjoyers, is poised to resonate with new market participants and establish itself as a blue-chip memecoin. We see growth on the Solana network that has attracted speculators who bet on funny ideas over products.
Will Costco Hotdog Coin – $COST go to $1.50?
Nobody can know the future, and making a prediction on the price of a memecoin is as risky as it gets. However, we can expect upward price growth if new market entrants find their way over to Costco and more social media attention is brought to this meme.
Could the bun stay at historical levels, or will it exceed inflation-adjusted levels? Time will tell. But remember that price predictions should be taken with a lot of salt.
