Pepe ($PEPE) is making waves once again, as the token has seen a staggering 17% price surge in the past 24 hours.
Copycat Pepe 2.0 coin ($PEPE2.0 in USD) has also ignited excitement in the community, leading early investors to hope that it can reverse (or exceed) the gains made by the original token.
Meanwhile, Wall Street Memes ($WSM) are experiencing their own wave and have now raised $12 million, raising hopes that they may be the next cryptocurrency meme to explode upon listing on exchanges in the near future.
Pepe Coin’s resurgence seems set for further price growth
for every CoinMarketCapOver the past 24 hours, more than $182 million of PEPE has been traded – an increase of 103% over the previous day.
Moreover, the total number of unique wallet addresses holding the $PEPE token has increased in the past six days, highlighting the renewed interest in the token.
This increase in activity reflects the market’s growing confidence in the potential of the USD PEPE price, as evidenced by the recent 12% pump in the token’s price.
At the time of writing, $PEPE is now hovering around the $0.0000018 level – as on May 20th.
However, more important for the USD PEPE bulls is that the price has breached a bull flag pattern on the daily chart, which indicates the possibility of a sharp bullish trend.
This dramatic turnaround in $PEPE’s fortunes has silenced critics of the token and sparked renewed optimism among its supporters.
The imitation phenomenon Pepe 2.0 is taking flight in the Meme Coin space
Amidst the notable resurgence of the Pepe token, a new imitator has emerged – Pepe 2.0 ($PEPE2.0).
This meme currency, inspired by the success of its predecessor, is rapidly gaining momentum in the market.
according to Queen Gekko0, the price of PEPE2.0 rose 36% in the past day, with a volume of more than 12.4 million dollars.
Although the token is only available on a handful of exchanges, such as Uniswap and Bitget, that hasn’t stopped meme coin enthusiasts from scrambling to get their hands on it – hoping for similar price hikes to the original $PEPE.
These metrics highlight the growing frenzy surrounding $PEPE2.0, cementing its position as a contender in the rapidly evolving meme currency niche.
What other meme coins are rising?
As price hikes of $PEPE and $PEPE2.0 continue to entrap the market, another notable player has emerged – Wall Street Memes ($WSM).
With their unique charm and appeal, Wall Street Memes have already experienced significant growth during the ongoing pre-sale phase, attracting investors to participate before they are first released on the open market.
Wall Street’s rising star memes bust $12 million during ongoing pre-sale
Wall Street Memes ($WSM)with its combination of financial glamour and hype-worthy meme culture, is making a huge splash in the cryptocurrency market.
Just over a month into its pre-sale phase, this dynamic project has already managed to raise a staggering $12 million, sparking interest from cryptocurrency investors all over the world.
Aiming to create a community-driven ecosystem, Wall Street Memes Telegram channel It’s already buzzing with members eagerly discussing the potential of $WSM – given that Tier-1 CEX listings are fast approaching.
Moreover, the members are also excited about the fact that the Wall Street Memes team has already achieved great success in the digital asset space by launching Wall St Bulls NFT Collection.
Since its launch in 2021, 1,867 ETH NFTs have been in circulation with a value of approximately $3,658,000 USD.
Now that the team has turned its attention to the cryptocurrency market, several high-profile influencers have taken note and given their thoughts on the future of $WSM.
CryptoWendy0, who has an audience of 191,000 people on YouTube, has uploaded a video Where she discussed why she was so optimistic about the token’s prospects post-listing.
The project was also mentioned by a Twitter influencer Nadiawhich she says got “so inflated” that she bought a bag of WSM dollars.
With Wall Street memes continuing to attract the attention of influencers and investors alike, there is little doubt that the project is positioning itself to change the meme currency space.
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