Home web3.0 Pepe-Inspired Tokens On The Rise As Pepe Pumps 13%

Pepe-Inspired Tokens On The Rise As Pepe Pumps 13%

Aug 07, 2024 am 06:05 AM
BONK PEPE Dogwifhat Bear Market

The third biggest meme coin in the world- Pepe(PEPE) is up 13.17% over the last 24 hours, trading at $0.000007523 per token.

Pepe-Inspired Tokens On The Rise As Pepe Pumps 13%

The crypto market seems to be rising back up again after a massive crash starting last week. Crypto giants like BTC and ETH are up 6% and 4% today respectively, signaling the bear market might be over.

Nowhere is this impact felt more than in the meme coin space, where we see all of the top performers up double digits over the last 24 hours.

Pepe-Inspired Tokens On The Rise As Pepe Pumps 13%

The third biggest meme coin in the world- Pepe(PEPE) is up 13.17% over the last 24 hours, trading at $0.000007523 per token. Pepe has seen daily trading volume fall down 26.42% to $1,632,797,25. However, social media is buzzing with Pepe.

Still down 34.91% over the last week, and falling a total of 17.99% over the past month, Pepe isn’t quite out of the woods yet. But X (Twitter) influencers like TOP GAINER TODAY with over 28,000 followers expect the token to grow significantly from here.

$PEPE will reverse from here ? pic.twitter.com/7sAzUOq8I5

Other Pepe-inspired tokens are also growing, with Brett (BRETT) spiking a massive 35.25% over the last 24 hours to a price of $0.09096. While part of this is due to the growth of its native Base blockchain, we see similar growth with smaller Pepe-inspired tokens.

For example, Hoppy (HOPPY) pumped 50.91% to $0.00005568, it even saw an increase in daily trading volume of 14.06% to $4,245,884. The Asian Pepe- PeiPei (PEIPEI), grew 43.62% over the last 24 hours, trading at $0.0000001935.

This shows high investor interest in Pepe-inspired tokens, however, they aren’t the only ones growing.

Bonk and dogwifhat Rally Back Double Digits

The 4th and 5th largest meme coins are also rising today, dogwifhat(WIF) is up 9.62% to $1.42 each. However, it’s worth noting that it did experience a significant dip in daily trading volume, dropping 43.05% to $719,289,552. This shows investors are cooling off on WIF and looking for opportunities elsewhere.

The token is still down 38.06% over the past week and has lost more than a quarter of its value over the last 30 days, falling by 25.85%. However, long-term investors see a lot of value here, as WIF still has a lot of room to grow.

All things considered, $MOG and $WIF doing alright depsit the meltdown. $popcat structurally more suspect to me. When the market is back, these are going to rip so fuckin hard and you'll have earned that money holding through this bullshit pic.twitter.com/QGZplnf0Ed

Another doge-themed token, Bonk (BONK,) is up 14.49% over the last 24 hours. Similar to WIF, we see a drop in daily trading volume, this time by 36.80% to $334,503,811. However, Bonk is a little more stable looking at longer timeframes.

The token is down 24.36% over the last week, and unlike most top meme coins is only down single digits over the month – 9.34%.

With the market recovering, investors are looking at projects that managed to raise funds despite the crash.

Pepe Unchained Presale Grows as Market Rebounds Nears $7.5M

A brand new layer 2 meme coin that aims to solve the biggest issues plaguing the ETH meme coin space is Pepe Unchained (PEPU). It provides a comprehensive meme coin development environment, offering a block explorer, 100x faster speeds than ETH, and minimal transaction fees.

PEPU has raised over $7.4 million in its presale thus far, selling for just $0.0089105 per token. However, Pepe Unchained follows a dynamic pricing model, where token prices are raised every time a given amount of money is raised, or when enough time passes.

To ensure investors feel safe about where their funds are going, PEPU has complied with two security

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