Pepe

NEXT GEN PEPE

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Pepe surges over 70% this week, outpacing the broader crypto market amid Ethereum ETF news, while Dogeverse gains traction with its multichain approach.</p>
<p>Pepe has surged over 70% this week, posting a decisive outperformance against the broader crypto market. Is the meme coin poised to continue rising or will it run out of steam?</p>
<h2 class="wp-block-heading" id="strong-pepe-shows-strength-on-eth-etf-rally-strong"><strong>Pepe shows strength on ETH ETF rally</strong></h2>
<p>The United States Securities and Exchange Commission’s green light to Ethereum spot ETFs has enabled Pepe’s recent parabolic rally.</p>
<p>Currently, the frog-themed memecoin is trading at $0.00001695, up 14% today, 79% this week, and 183% this month. It holds a $7.1 billion market cap and a $2.7 billion 24-hour trading volume, up 39% today.</p>
<p>Based on its market cap, Pepe stands as the third-largest memecoin and the 18th-largest cryptocurrency. However, its trading volume makes it the largest memecoin and the seventh-largest cryptocurrency.</p>
<p>This market cap and volume discrepancy reflects a steadfast interest in Pepe, with the Ethereum spot ETFs recently catapulting it into the limelight.</p>
<p>Immediately following the ETF approvals on 23 May, Pepe began outperforming other Ethereum ecosystem tokens.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">🎯 <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> it was <a href="https://t.co/FjeFMaQHyH" target="_blank" rel="noopener noreferrer nofollow">https://t.co/FjeFMaQHyH</a> <a href="https://t.co/CwDkoJQTWr" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/CwDkoJQTWr</a></p>— HORSE (@TheFlowHorse) <a href="https://twitter.com/TheFlowHorse/status/1792661176943353957?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 20, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>However, the momentum has continued, and now leading analysts are backing Pepe for further growth. Jameson recently suggested that Pepe will “flip” Shiba Inu’s market cap and compared its current price action to Dogecoin’s in 2021.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$PEPE</a> looks IDENTICAL to doge'21<br><br>It is CLEARLY the chosen meme of this cycle and I expect it to PUMP like doge did in 2021<br><br>10B &amp; SHIB flippening are IMMINENT at this point<br><br>Prepare yourself for what is to come<br><br>SO much higher <a href="https://t.co/IyJtqYoijt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/IyJtqYoijt</a> <a href="https://t.co/7WIL9QOduS" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/7WIL9QOduS</a></p>— Jameson (@JamesonEth) <a href="https://twitter.com/JamesonEth/status/1793798047849128318?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 24, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>CryptoKnight anticipates an explosive uptick toward $0.00003958, marking a 136% increase from its current price.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$pepe</a> memecoins game is stronggg <a href="https://t.co/QuGvzWcwIt" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/QuGvzWcwIt</a></p>— KNIGHT $INJ TO 100$ (@cryptoknight890) <a href="https://twitter.com/cryptoknight890/status/1794863249122607611?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 26, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Meanwhile, prominent trader Bluntz suspects Pepe is a leading ETH “beta” alongside other ecosystem memecoins. This refers to Pepe mimicking ETH’s price but with more volatile swings.</p>
<p>The analyst also noted that Ethereum is gaining pace on Bitcoin, suggesting that Pepe could provide significant returns.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">11 weeks of red candles erased in 8 days for eth/btc.<br><br>absolutely love to see it.<br><br>imo, eth based memes are gonna be the highest beta, <a href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$pepe</a> <a href="https://twitter.com/search?q=%24floki&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$floki</a> etc…. not the typical L2 coins that ppl expect<a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://t.co/H5tzfWkr3w" target="_blank" rel="noopener noreferrer nofollow">https://t.co/H5tzfWkr3w</a> <a href="https://t.co/weWEEHcat4" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/weWEEHcat4</a></p>— Bluntz (@Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1794962273339093440?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 27, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>But alongside Pepe, other emerging Ethereum-based memecoins are also on the rise.</p>
<p>One of the most promising is the newly launched Dogeverse, a multichain memecoin available on the six hottest smart contract-enabled blockchains.</p>
<h2 class="wp-block-heading" id="strong-could-dogeverse-be-the-next-big-memecoin-strong"><strong>Could Dogeverse be the next big memecoin?</strong></h2>
<p>By taking an unprecedented multichain approach, <a href="https://thedogeverse.com/en?clickId=fx_b73791_571255c3a5959654e56a98bf1d590530_1" target="_blank" rel="noopener noreferrer nofollow">Dogeverse</a> has direct on-chain exposure to Ethereum, Solana, Base, Avalanche, BSC, and Polygon.</p>
<p>So, while Ethereum’s ETF narrative is bolstering its ecosystem token prices now, Dogeverse will also benefit when the next narrative arises, even if it is on a different chain.</p>
<p>The token is currently in its presale and has raised over $15 million so far. This makes it one of 2024’s hottest ICOs, laying the way for huge post-exchange launch potential.</p>
<p>However, the campaign is in its closing stages and will end in seven days. This leaves little time for traders to buy DOGEVERSE at its fixed and discounted presale price.</p>
<p>Dogeverse’s multichain utility ushers in a slew of exciting benefits, like the potential for massive community growth and on-chain investment.</p>
<p>But to extend its long-term potential, the team has also established a staking layer that rewards users for locking up their tokens.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="Dogeverse Analysts Predict 20X Increase In The Price Of Dogeverse! Don't Miss This!" width="1020" height="574" src="https://www.youtube.com/embed/2XGfD2DuWIk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>Stakers can currently earn a 48% APY, but this will decrease as more tokens are deposited.</p>
<p>The project’s use case has drawn a vibrant community, with over 20K followers on its <a href="https://x.com/The_DogeVerse" target="_blank" rel="noopener noreferrer nofollow">X</a> account and over 14K <a href="https://t.me/The_DogeVerse" target="_blank" rel="noopener noreferrer nofollow">Telegram</a> members.</p>
<p>To learn more, <a href="https://thedogeverse.com/en?clickId=fx_b73791_571255c3a5959654e56a98bf1d590530_1" target="_blank" rel="noopener noreferrer nofollow">visit the Dogeverse presale</a>.</p>
<p>Read more: <a href="https://crypto.news/memecoin-dogeverse-nears-exchange-listing-after-raising-15m-in-presale/" rel="noopener noreferrer nofollow"> Memecoin Dogeverse nears exchange listing after raising $15m in presale </a></p>
<p>Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>

Pepe price soars over 70% this week with continued momentum

Mục lục

crypto.news

Các bài viết khác được xuất bản trên 27 thg 5, 2024

Is Solana Becoming The Preferred Choice For Ethereum Developers? SOL’s Uptrend Suggests A Shift

This Dog Coin Is Up 53% And 'Still In Ripper Mode'... But It's Not Dogecoin

FLOKI skyrockets 21%, What’s behind this surge?

PEPE Investors See Significant Gains

Ethereum ETF Approval To Spur 'A Basket Of Crypto Tokens Within A Year,' Says TD Cowen

Industry support and the Silk Road founder release: what Trump promises to the crypto community

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!