PEPE Continues to Rally: Will It Become the Top Meme Coin?
Ethereum-based meme coin PEPE hit a new all-time high on May 22nd, attracting more retail investors and driving interest in the token. With meme coin mania in full swing, many are speculating on PEPEโs potential to become the top meme coin of 2024. But will this multi-chain meme coin take the lead?
Pepe Price Analysis
On May 22nd, PEPE surged by 27% to reach a new peak of $0.00001422 in just 24 hours, reflecting a 7% increase over the past day. The positive regulatory news and hopes for a spot Ether ETF approval have fueled this surge, making Ethereum investment opportunities more accessible to institutional investors.
- PEPE has seen gains of 26%, 104%, and nearly 200% in the past week, month, and six months respectively.
- With a current market cap of $5.62 billion and trading volume of $3.71 billion, PEPE is on a strong upward trajectory.
Dogeverse (DOGEVERSE) โ The Next Big Meme Coin
DOGEVERSE is positioning itself as one of the top meme coin presales of 2024, having raised over $15 million and nearing the end of its presale phase. The big question now is whether it will sell out before listing, with the potential for a significant price surge upon launch.
- DOGEVERSE is the first multi-chain meme coin running on six chains, offering users flexibility and accessibility.
- Stakers can receive a 53% APY with 6088.28 $DOGEVERSE for each ETH block solved.
Closing Thoughts
As the meme coin market continues to surge, tokens like PEPE and DOGEVERSE are capturing investor interest with their unique features and potential for growth. Whether PEPE will surpass Shiba Inu or DOGEVERSE will become the next big thing remains to be seen, but both projects are worth keeping an eye on for crypto enthusiasts looking to diversify their portfolios.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.