After a significant downturn that began last week, the market appears to be rebounding. Leading cryptocurrencies such as BTC and ETH have seen increases of 6% and 4% today, respectively, which may indicate the end of the bear market.
The effects of this recovery are particularly pronounced in the meme coin sector, where numerous top contenders have surged by double-digit percentages within the last 24 hours.
**Pepe-Inspired Tokens Surge as Pepe Rallies 13%**
Pepe (PEPE), the third-largest meme coin globally, has experienced a 13.17% rise in the past day, trading at $0.000007523 per token. Despite a 26.42% decline in daily trading volume, which now stands at $1,632,797,257, the excitement surrounding Pepe remains vibrant on social media.
Nevertheless, Pepe still faces challenges, having dropped 34.91% over the past week and 17.99% over the last month. Influencers on X (formerly Twitter), such as TOP GAINER TODAY, who has over 28,000 followers, are optimistic about the token’s potential for significant growth.
“$PEPE will reverse from here ✍️”
pic.twitter.com/7sAzUOq8I5
— TOP GAINER TODAY (@RoccobullboTTom)
August 6, 2024
Other tokens inspired by Pepe are also witnessing impressive gains. Brett (BRETT) has surged by a remarkable 35.25% in the last 24 hours, now priced at $0.09096. This growth can be partially attributed to the expansion of its native Base blockchain, with similar upward trends seen in smaller Pepe-themed tokens.
For instance, Hoppy (HOPPY) skyrocketed by 50.91% to reach $0.00005568, accompanied by a 14.06% rise in daily trading volume to $4,245,884. Meanwhile, the Asian Pepe, PeiPei (PEIPEI), saw a 43.62% increase, trading at $0.0000001935.
This demonstrates a strong investor interest in Pepe-themed tokens, but they are not the only ones experiencing growth.
**Bonk and Dogwifhat Bounce Back with Double-Digit Gains**
The fourth and fifth largest meme coins are also on the rise today. Dogwifhat (WIF) has climbed 9.62% to reach $1.42 each; however, it has experienced a significant drop in daily trading volume, which fell 43.05% to $719,289,552. This suggests that investors may be exploring other opportunities beyond WIF.
Despite being down 38.06% over the past week and losing over 25% of its value in the last 30 days (a decrease of 25.85%), long-term investors still see considerable potential in WIF.
“All things considered, $MOG and $WIF are doing alright despite the meltdown. $popcat appears structurally more vulnerable to me. When the market rebounds, these are going to surge, and you’ll have earned that money by holding through this turmoil.”
pic.twitter.com/QGZplnf0Ed
— Gart (@GartGang25)
August 5, 2024
Bonk (BONK), another doge-themed token, has risen by 14.49% in the past 24 hours. Similar to WIF, it has seen a decrease in daily trading volume, which dropped 36.80% to $334,503,811. However, Bonk appears to be more stable when viewed over longer timeframes, down 24.36% over the week and only 9.34% for the month.
As the market recovers, investors are increasingly interested in projects that have successfully raised funds despite the downturn.
**Pepe Unchained Presale Expands Amid Market Recovery, Approaching $7.5 Million**
Pepe Unchained (PEPU) is a new layer 2 meme coin aimed at addressing the key challenges in the Ethereum meme coin ecosystem. It offers a robust development environment for meme coins, featuring a block explorer, speeds 100 times faster than Ethereum, and minimal transaction fees.
To date, PEPU has raised over $7.4 million in its presale, with tokens priced at just $0.0089105 each. The project employs a dynamic pricing model, increasing token prices as funds are raised or as time progresses.
To provide assurance to investors regarding the safety of their investments, PEPU has successfully passed two security audits conducted by Coinsult and SolidProof.
Given the success of PEPE, BRETT, HOPPY, and other Pepe-inspired tokens, investors are eager about this new project that promises genuine utility. 99Bitcoins, a YouTube channel with over 700,000 subscribers, has been closely monitoring the initiative, dubbing it the “next Pepe” and anticipating substantial returns.
**Is PEPE UNCHAINED the Next 10X Meme Coin? $PEPU Raises $4,000,000**
With just one day remaining until the next price increase for PEPU, investors must act quickly to secure tokens at the current price.
Visit Pepe Unchained Presale.
