2023-7-6 17:34 |
Pepe 2.0 ($PEPE2.0) continues its explosive momentum, hitting an all-time high just a few hours ago. The token has been on a rapid uptrend over the past four days as traders look to gain exposure to its price ascent.
However, Pepe 2.0 isn’t the only meme coin trending – Wall Street Memes ($WSM) and Thug Life ($THUG) are also causing a stir due to the popularity of their presale phases.
Pepe 2.0 Dominates Meme Coin Market After Explosive RiseAccording to data from CoinMarketCap, $PEPE2.0 is now trading at $0.000000134 – up 90% in the past 24 hours.
This rapid rise has given $PEPE2.0 a market capitalization of $57.3 million, meaning it’s more dominant than established meme coins like Milady Meme Coin ($LADYS) and Kishu Inu ($KISHU).
Per Etherscan.io, a whopping 12,700 wallet addresses now hold Pepe 2.0, with over 200,000 transactions complete already – all in just nine days.
These metrics highlight the significant traction that $PEPE2.0 is experiencing within the meme coin community.
Crypto Sheriff, a Twitter influencer with over 25,000 followers, tweeted that $PEPE2.0 has increased by more than 3x since he bought it – and also highlighted that the token is now available to trade on Bybit.
Fellow influencer Tulio also tweeted about Pepe 2.0, even speculating that it could be bigger than the original Pepe ($PEPE).
$PEPE2.0 Taps Into Meme Culture to Promote Upwards MomentumBut why is Pepe 2.0 soaring – and can it maintain its current momentum?
The meteoric rise of the token can be largely attributed to its strategic marketing, tapping into the meme culture prevalent within the crypto community.
As its name suggests, Pepe 2.0 draws inspiration from the original Pepe, which rocketed over 10,000% in mid-April.
Due to this, Pepe 2.0 has immediately appealed to a broad user base – something that takes most successful meme coins weeks (if not months) to achieve.
Additionally, $PEPE2.0’s availability on well-known cryptocurrency exchanges, like Bybit, MEXC, and Bitget, has made it easier for retail traders to buy and trade the token.
However, to maintain its current momentum, the coin must find additional use cases or foster strategic partnerships to ensure it doesn’t fall by the wayside like trending meme cryptos in the past.
Regardless, the signs are promising for $PEPE2.0 – indicating that it’s one to watch in the weeks ahead.
Which Meme Coins Could Pump Next?As $PEPE2.0 continues its ascent, investors are also turning to potential newcomers in the meme coin niche.
Among the promising new entrants are Wall Street Memes and Thug Life, both of which bring a unique spin to the ever-evolving crypto sphere.
New Player Wall Street Memes Generates Huge Buzz & Raises $12.8m – Could it be the Next Pepe?Wall Street Memes ($WSM), a new entry to the meme coin market, is attracting considerable attention from crypto enthusiasts.
The project’s name is inspired by the “WallStreetBets” subreddit, famous for its role in the GameStop short squeeze in 2021.
$WSM aims to embody this spirit, delivering a token that captures the humor, creativity, and financial aspirations of those embroiled in internet meme culture.
Fortunately, the project already has the backing of over 1.1 million “degens,” thanks to the creators’ previous success with the Wall St Bulls NFT collection.
Per OpenSea, 1,868 ETH worth of these NFTs has been traded since they were launched – equating to a whopping $3,632,680.
Now, the creators are turning their attention to the crypto market, hoping to replicate that success with $WSM.
The Wall Street Memes roadmap outlines various development stages for the project, including plans for an exclusive “gated community” and partnerships with high-profile influencers.
There are even plans for Tier-1 CEX listings for $WSM once the presale concludes.
Right now, the presale is in Stage 21 out of 30, with $WSM tokens available for just $0.031.
However, with the token price rising incrementally between stages, investors must act swiftly to get involved at the lowest price possible.
You can visit the Wall Street Memes presale here.
Meme Coin Sensation Thug Life Elevates the Game With $500,000 RaisedThug Life ($THUG) is another project making a splash in the meme coin universe.
The project’s unique branding strategy, revolving around the iconic rapper Snoop Dogg, has given the token an edge in the saturated low-cap crypto market.
Snoop’s “Thug Life” persona is woven into popular culture, and his indirect association with the project brings a level of relevance that most other projects can’t match.
This has helped generate huge interest in $THUG, with the project’s presale raising $500,000 in just over one week.
Moreover, Thug Life’s roadmap is ambitious, with the developers laying out plans to hit a $100 million market cap for $THUG.
Not only that, but the development team has also scheduled a lucrative airdrop campaign for once the presale concludes, which could prove fruitful if the $THUG price were to rise following exchange listings.
These factors have helped boost the buzz around Thug Life even further, with the official Telegram channel seeing a wave of new members joining.
Given that community support is a crucial ingredient for the success of any cryptocurrency, it appears that Thug Life is definitely on the right track.
You can visit the Thug Life presale here.
The post As Pepe 2.0 Price Hits All-Time High, Traders Think These Meme Coins Could Pump Next appeared first on BeInCrypto.
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