Pepe Coin Sees Massive Volume Pump of $300 Million
Pepe Coin, the token that initiated the meme-coin frenzy, has experienced a significant increase in trading volume, reaching $300 million. The coin has benefited from its social attributes and the recent resurgence of XRP. Another meme coin, Wall Street Memes, has raised $14.7 million in its presale round. Pepe Coin has also received positive reactions on its official Twitter page, suggesting the possibility of further price increases.
Pepe Coin Price History and Prediction
Pepe Coin gained popularity in April 2023, leveraging the meme factor of “Pepe the Frog” to rapidly increase in value and surpass a $1 billion market capitalization. However, like many meme coins, Pepe Coin experienced a significant correction of over 80%. Despite being listed on major exchanges, the coin traded at all-time lows. Recently, Pepe Coin has rallied again, but it is uncertain whether it will reach its all-time high. Technical analysis suggests a 167% increase is needed to reach the peak.
Alternative to Pepe Coin – Wall Street Memes
Amidst the volatility of Pepe Coin’s price trends, Wall Street Memes presents itself as a better investment option. The token’s presale has already raised over $14.8 million and has gained a significant following on social media. The project has even interacted with Elon Musk, adding to its credibility. Experts believe Wall Street Memes has the potential to become a 10x crypto, making it an attractive investment opportunity.
Hot Take
Pepe Coin’s recent surge in trading volume and positive sentiment indicates a temporary revival. However, its long-term prospects remain uncertain. Wall Street Memes, on the other hand, appears to be a promising investment option with its strong community support and social media presence. Investors should carefully consider their options and weigh the potential risks and rewards before making any decisions.
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