How to Find the Next Meme Surprise?

Pepe (PEPE) price correlated to Bitcoin (BTC) on a seven-day chart. While the price of the new ERC-20 token backed by the Ethereum blockchain fell on the days when BTC happened, it rose along with BTC on Friday over the weekend.

Bitcoin’s price drop over the past week was a two-month low. Moreover, this was the worst cryptocurrency week of the year.

Good feeling man

As CoinMarketCap notesPepe coin launched in 2023 is different from Pepe Cash (PEPECASH):

“Pepe should not be confused with Pepe Cash, another meme currency launched in 2016 that is used to buy and sell rare Pepe artwork on the Counterparty platform.”

Pepe Coin (PEPE) did not exist before April 16, 2023. Its anonymous creators launched deflationary supply, a fungible meme token with no marketing muscle or pre-sale.

Meanwhile, the new blockchain tadpole has ballooned to $1 billion in a matter of days. Moreover, within 20 days, PEPE coin price has jumped so much that the total market cap has exceeded $1.6 billion.

After recovering from a fast launch career, Pepe is still drawn in over $700 million.

That’s an impressively fast market value.

Strong Paper: A Quick Look at the Economics of PEPE Coins

Pepe Coin is more than just a logo and a clever name referencing a legendary internet meme. The meme coin Ethereum smart contract has some smart economics built in.

PEPE’s supply is deflationary, with an upper limit of 420 trillion tokens. It also has a burning mechanism to support scarcity by burning LP tokens from liquidity providers and canceling contracts.

Moreover, PEPE follows a “No Taxes” policy, which means very low fees for executing transaction orders. In addition, PEPE Series Redistribution is built to benefit long-term investors to stave off inflation.

The first appearance of the coin on cryptocurrency trading platforms is designed to be as fair as possible. While many new crypto projects have allocated an unfair amount of supply to founders and developers, 93.1% of tokens have been allocated liquidity for sales. Meanwhile, 6.9% remained in the strategic deployment multi-signature portfolio.

The first phase of the project, “Meme”, has been completed and has been a resounding success. The rapid influx of capital into PEPE put the project on par with the memecoin blue cryptocurrency chips. In less than a month, you have become a peer of popular DOGE, SHIB and NFT pools like BAYC.

With an economy stimulus like this, PEPE cash bears will be hard-pressed to keep their shorts covered.

Mimi Queen is a force

The Pepe meme is one of the most epic memes on the internet, with a thriving community dating back many years. There’s no telling who the most devoted members of Pepe are, but anyone who’s ever used Reddit can tell you a lot of them, and the users who post Shiba Inu memes are the same people.

As a result, it wasn’t really surprising that the Pepe coin was launched with the kind of success it has. It was specifically designed to appeal to and serve a vast, anonymous market of seasoned cryptocurrency investors with deep pockets full of exciting ROI from other meme coin investments.

Crypto whale investor support for Pepe has been mixed. The whales acquired $10 million worth of tokens, storing 7% of PEPE’s supply a week after its launch. They controlled about a third of the liquidity in the markets at the beginning of the rally.

About 30 “smart wallets” (large, active traders) bought $1 million worth of the new coin at the start of its rally, according to Nansen Ethereum blockchain data. During last week’s price drop, some whale titles took profits. Meanwhile, three crypto whales were spotted buying $4 million worth of PEPE by Lookonchain.

Elon Musk, CEO of Tesla, SpaceX, and Dogecoin bull, bolstered PEPE on Saturday with a memo from Pepe “explaining the constitutional amendments.” The meme included two parts with the frog meme instead depicted as a very cute surfer of wet memes and a modern combat soldier on the battlefield.

Grab production memes $ beep https://t.co/iVKu7YX82g

– Pepe (@pepecoineth) May 13, 2023

How do you find the next Pepe?

Pepe’s successful debut on Ethereum is an exciting development for crypto investors. It’s also an excellent case study on how to get into hugely successful projects early on.

Many of Pepe’s early investors managed to turn a few hundred dollars into a million in just a few days. A trader using the pseudonym dimethyltryptamine.eth bought $263 worth of PEPE which turned into almost $12.8 million overnight.

This kind of profit from a single investment can suddenly change many people’s lives. Here are some daily practices that you must maintain that will increase your odds of getting home like this.

Get alerts of new currency list.

When new cryptocurrencies arrive on the exchange, you will receive an alert.

Google search volume for “pepecoin” skyrocketed on Google Trends from the day it was launched. So there was some commotion around the community about it the day PEPE was sold.

With a currency list alert, you can stay informed of new opportunities. But please be aware that there are multiple new listings per day. So you will need an efficient process and business, a time-tested system historically to screen leads in this way.

Use Uniswap and get notifications for updates from DeFi Exchanges.

One pattern in the Pepe coin saga is how many first buyers they got on Uniswap. Divi volumes for Pepe exchanges rose before the price of Pepe coin rose in parabola on May 1st.

Here is a short guide with warnings about the risks of using Uniswap.

Trader who made millions of dollars profit on $263 investment used Uniswap. Binance, KuCoin, Huobi, Gate.io, and MEXC are other exchanges on which PEPE is currently listed.

Conclusion: Frog Coin Flies

Pepe Coin’s super bullish appearance validates the thesis of meme coin investors who buy and trade coins like Dogecoin and Shiba Inu. Moreover, this is irrefutable evidence of the massive and relentless internet appetite for Ethereum savings storage services.

It is remarkable here that, as the blockchain industry has excitedly proclaimed, these open source finance platforms are open for use by anyone learning how to write Ethereum scripts and design financial products.

In addition, blockchain platforms are autonomous, decentralized, and artificially intelligent. Anyone can create a Devi (Decentralized Finance) app and go to work in Ethereum without needing any approval or support from other humans.

The software is designed so that it can be used by anyone with sufficient working knowledge of How-to manuals For Ethereum (ETH) programming.