Meme-centered cryptocurrencies are still in development stages, and Pepe Coin (PEPE) further links explosive community reactions and internet trends to aggressive market movements. All the dominance DOGE and SHIBA enjoyed in the past is gone, and meme-based PEPE Coin is now on the rise. Some crypto enthusiasts as well as analysts are coming to the conclusion that PEPE could pump up to 30 times in value during the next bull market cycle.
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What is PEPE Coin?
A meme cryptocurrency project, PEPE Coin was launched on the legendary internet meme “Pepe the Frog.” PEPE has branded himself, “the most memeable meme coin,” trying to capitalize on the same wave of absurd humor and hype that made DOGE and SHIBA reach multi-billion dollar market caps. PEPE positions itself as a community driven initiative.
Eventually transforming into more than just a humorous affair, PEPE managed to build a strong community, secure exchange listings, and gain attention from mainstream crypto traders and influencers.
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5 Reasons PEPE Coin Could 30x
1. Meme Power + Community Hype
Meme culture is a force in crypto, and with this, PEPE’s underlying branding is very distinct. PEPE has managed to build a passionate community on X (Twitter), Telegram, and Reddit.
2. Initial Metric of PEPE Valuation
Even though PEPE is yet to reach the market cap heights of DOGE and SHIBA, it has begun breaking ground. Assuming it follows a similar trajectory, a 30x increase is certainly within the realm of possibility.