In the rapidly developing crypto market, a new competitor has taken the spotlight – Pepe 2.0 ($PEPE2.0).
This meme coin, inspired by the original Pepe ($PEPE), has stunned investors with its recent rally and has continued to climb, gaining 30% in value in the past 24 hours.
As we explore the sudden rise of Pepe 2.0, we’ll also delve into a sea of meme coins to uncover projects that may follow in its footsteps.
Pepe 2.0 Skyrockets & Outshines Generated Meme Coins
At the time of writing, $PEPE2.0 was trading at $0.00000005052 – up over 30% in the past day.
for every CoinMarketCap Data, the coin boasts a market capitalization of $19.6 million, putting it ahead of more established meme coins such as Samoyedcoin ($SAMO) and Vita Inu ($VINU).
A total of 9,642 unique wallet addresses now hold $PEPE2.0, compared to just 5,410 on June 29, showing the growing interest of retail investors.
Moreover, the data from Etherscan.io It reveals that some big hitters are taking note of the coin, with many buy orders over $10,000 arriving in the past few hours.
These numbers highlight the growing demand for $PEPE2.0 and the significant position it is carving for itself in the volatile meme coin market.
Its popularity is even reflected in the amount of its trading volume, which exceeded $12.9 million in the past 24 hours, according to Queen Gekko.
Pepe 2.0’s ability to continuously grow is clearly only strengthening, indicating that the best may yet be yet to come for this nascent meme currency.
Uncover the dynamics of Pepe 2.0’s Stellar Ascent
When delving into the reasons behind the rise in popularity of $PEPE2.0, several factors stand out.
First and foremost, the legacy of the original Pepe icon plays an important role in sparking interest in its successor.
As the initial upward move of $PEPE saw the token’s price explode by more than 10,000%, investors are naturally drawn to $PEPE2.0, hoping to repeat the performance.
Moreover, the current bullish trend in the meme coin space provides a productive environment for a rally of $PEPE2.0.
information from CoinCodex It reveals that the meme coin market is now valued at around $16.2 billion – and it’s growing bigger by the day.
Thus, the impressive gains from other memecoins have created a sort of “multiplier effect,” encouraging retail investors to look for the next project that can produce exponential returns.
Overall, the fiat bull market and Pepe’s masked legacy seem to provide a solid platform for the current momentum of $PEPE2.0 – which is showing no signs of slowing down.
Could these meme coins reverse the boom of Baby 2.0?
While Pepe 2.0 has been making headlines, it’s not the only meme currency poised to make a huge impact in the crypto scene.
Two other projects, Wall Street Memes and Thug Life, are currently gaining momentum.
Wall Street memes continue to rise after raising $12.4 million through pre-sale
Wall Street Memes ($WSM) is harnessing the power of community and the appeal of LGBTQ culture to create a storm in the crypto space.
Having already raised an impressive $12.4 million during the pre-sale, Wall Street Memes is carving a unique path in the market – setting it apart from the hundreds of alt coins that are released each week.
Wall Street Memes aims to create a community-driven ecosystem centered around taking on Wall Street’s financial heavyweights.
This plan appears to be working, as evidenced by the rapid growth of the project Telegram channel.
As the pre-show of Wall Street Memes draws to a close, there is palpable excitement surrounding the upcoming debut of the WSM token at Tier-1 CEXs.
Investors globally are keen to unlock the potential of $WSM – with many crypto influencers (including cipher jimmy) Join as brand ambassadors.
If the project maintains its post-listing momentum, WSM could have an excellent second half of 2023.
Visit Wall Street Memes Presale
Thug Life Stacks Up $325,000 In Record Time, 13 Days Left To Buy In Presale
Thug Life ($THUG) is another meme coin that is quickly gaining attention in the crypto community.
Described as a way to “pimp the money game,” THUG has been seeing a steady rise in community engagement since its launch last week — with more than 2,900 people now following the official. Twitter account.
The team behind $THUG is banking on the viral appeal of its unique brand image and the growing popularity of meme coins to drive its growth.
Also, the team is actively fostering an active community – evidenced by the fact that 70% of the total supply of USD THUG has been allocated to pre-sale investors.
Like Wall Street Memes, the price of Thug Life could skyrocket if it continues to pop up with coin fans all over the world.
All in all, $THUG’s unique brand and rapidly growing community undoubtedly make it a clear contender for the Pepe 2.0 boom.
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