Pepe Price Pumps 19% to All-Time High, Next Pepe Meme Coins to Reach $1 Billion Mcap?

2 weeks ago 15

Pepe has rocketed 19% in the past 24 hours, cruising past its previous all-time high (ATH) in the process.

But as attention fixates on Pepe coin, this opens the door for Pepe alternatives to also soar.

Pepe Enters Top 20 Cryptos

Pepe recently became the third meme coin to enter the top 20 cryptos by market cap, flipping Uniswap amidst its recent run to an all-time high (ATH).

After soaring 19% today, Pepe is trading at $0.00002549 with a $10.27 billion market cap and a $7.7 billion 24-hour trading volume. It’s also up 21% this week and 136% this month.

Analysts have noticed that Pepe’s trading volume is exceptionally high, which reflects the project’s ballooning start power.

It created an ATH on Saturday of $0.00002549 but is currently trading 4% lower. However, the market believes that Pepe’s run is not done yet.

Traders Anticipate Further Gains Ahead

Pepe is on fire right now, and people are queuing to buy.

Lookonchain reports that whales continue to purchase Pepe, with two wallets that likely belong to the same whale recently spending $4.89 million on the token.

Whales are buying $PEPE!

2 wallets (likely belonging to the same whale) spent 4.89M $USDC to buy 190.14B $PEPE at an average price of $0.00002572 in the last 6 hours!

Address:
0xcb1f2b9562a7a4e2029db54d504dfe4b1e46b7dc
0xb721c74a0a1c97187146d1fe7df94a9d8752481d pic.twitter.com/LomPm6rg4F

— Lookonchain (@lookonchain) December 8, 2024

And prominent analysts are anticipating much more significant gains than what we’ve seen recently.

For instance, prominent Pepe trader Plazma notes that its price has just broken a cup-and-handle pattern, which usually leads to an explosive breakout.

According to Plazma, this could catapult Pepe 3-10 times higher than its current price.

$PEPE ATH at 2695 and a cup and handle pattern that usually breaks out into a prolonged 3-10x move. pic.twitter.com/znNxO3jimV

— Plazma (@Plazma0x) December 7, 2024

Similarly, Bluntz suggests that Pepe’s recent ATH marks the start of a bigger breakout rather than the end of its current rally.

$pepe all time high baby, breakout underway. https://t.co/XLwXebLH5O pic.twitter.com/WLsWFKxD7V

— Bluntz (@Bluntz_Capital) December 7, 2024

Overall, Pepe’s has an exciting outlook because of its strong price performance, heightened trading volume, and support from smart money traders.

But with Pepe trading at a $10 billion market cap, it’s only a matter of time until a Pepe alternative soars and potentially reaches $1 billion.

What Pepe Alternatives Could Explode Next?

One of the most promising alternatives right now is Wall Street Pepe. The project takes the laid-back demeanor of Pepe Coin and mixes it with the ruthlessly ambitious energy of Jordan Belfort, aiming to cultivate an army of “little guy” investors who choose rich.

But beyond the storytelling, Wall Street Pepe provides tools that help its community succeed in the market.

It provides alpha insights comprising key data, alpha calls, and signals. Users will know what to buy and when to buy it.

They’re also creating a trading insiders group, where the community can share strategies and maximize their chances of gains through teamwork.

All of this positions Wall Street Pepe holders to get ahead of the market. In addition, they can also earn free $WEPE tokens inside the ecosystem.

For example, users can submit trade ideas to the team and earn $WEPE in return, or they can stake their tokens.

Wall Street Pepe is more than your everyday meme coin. It’s an entire ecosystem geared toward community success.

The project is currently undergoing a presale and has raised $2.5 million in four days.

Analyst Austin Hilton highlighted its potential in a recent video. However, he noted that prospective investors should act fast because the price will rise throughout the ICO.

Pepe Unchained is another Pepe-themed token on its way to $1 billion. The project recently closed its presale doors after raising a record-breaking $73.7 million.

It’s building an Ethereum layer 2 blockchain for meme coins. It’ll be 100x faster than Ethereum and much cheaper.

Pepe Unchained will also come with features like a no-code meme coin generator, a block explorer, staking, an Ethereum bridge, and a decentralized exchange.

The presale is sold out but trading will begin at 2PM UTC on Tuesday 10 December. Hopes are high for the token’s debut after its hugely successful presale.

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