Weeks following the U.S. presidential elections, meme coins are still leading the bull market charge, and of course, Pepe ($PEPE), which recently jumped for an incredible 95% in just 24 hours.
Last week, PEPE’s value exploded to $0.00002479, up from $0.00001275 the day before, pushing its market cap beyond $10 billion.
Now it’s the third-largest meme coin, but still behind Dogecoin (DOGE) and Shiba Inu (SHIB).
What’s so Special About PEPE
This frog-themed token has lately been on the run – 91.3 in the last two weeks and an astonishing 1563.9% since the year’s start. That sounds like some investment, especially for those who have bought it for the symbolic $0.00000000001057.
According to CoinGecko, The PEPE price now is $0.00001899 and it doesn’t seem to be over. All this was part of a much bigger trend since most assets on the market are moving toward their ATHs.
But if you’ve missed the PEPE’s pump, and are still looking to secure some profits during the current rally, you should focus on what could be the next Pepe coin.
Since there are many frog-themed tokens out there, seasoned investors are after presales and low-value tokens, typically under a penny, that could skyrocket their portfolios.
According to many analysts, tokens such as Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), and Flockerz ($FLOCK) could be on the way to outperform PEPE in popularity, especially after the massive presale, which boosted the investor confidence once again.
The Frog Craze Is Yet to Come.
Since the PEPE price hit an ATH last, many have started questioning its limits, especially with modernized contenders ready to hit the market. But PEPE is still there, with its community and popularity, aiming even higher.
Platforms such as Robinhood and Coinbase recently listed PEPE, making it accessible to a broader audience, trying to exploit the bullish trend in the market.
What Makes Meme Coins Tick?
Meme coins are a Completely innovative type of token, born from internet jokes and memes, but now one of the most serious players in the crypto market.
Its expansion has completely changed the market, catching even seasoned crypto veterans off guard with its explosive growth and massive popularity that keeps expanding daily.
PEPE, inspired by the “Pepe the Frog” meme, is no exception, it thrives on social media hype, just like its community.
Investors Are Lurking as Always
PEPE’s recent rally mirrors the early days of other meme coins like DOGE and SHIB, which captured investor attention with their explosive growth. Interestingly, data shows that Pepe regularly has higher volume metrics than Shiba Inu, suggesting new surges by the end of the month.
But, the real question here is if it can keep the attention for the long term.
Moving Forward Requires Innovative Systems
After a decline of more than 22% in the last 7 days, PEPE is currently in a steady mode, with many industry experts suggesting that the biggest problem might be at its core, Ethereum.
Since it’s the main platform for these kinds of coins, the trouble remains the same. High fees and slow transactions are not cool anymore, especially with some of the coins bringing innovative systems for the whole industry.
Is There the Chance to Go Again
Pepe’s going through another bullish cycle with many expecting the frog-themed craze to reach new heights.
But even in these market conditions, you should wisely choose your assets – not all of them could boost your crypto wallet.
Right now, it seems like choosing the lowest price when buying the token can be the key solution for some bigger gains.
