CoinGecko Listing Sends $PEPE Price Soaring – Could This Layer-2 Blockchain Token be Next?
The post CoinGecko Listing Sends $PEPE Price Soaring – Could This Layer-2 Blockchain Token be Next? appeared on BitcoinEthereumNews.com.
The recent listings of $PEPE on Coinbase and CoinGecko have triggered a massive price spike. When Paul Grewal, Coinbase’s Chief Legal Officer, shared the news, the buzz among $PEPE supporters skyrocketed. But this excitement isn’t just limited to $PEPE. The listings have stirred up speculation across the market and investors are now on the hunt for the next potential breakout token. Projects like PlutoChain ($PLUTO), among other Layer-2 solutions, are catching the eye of the community. Can $PEPE Keep The Momentum Going and Reach New Highs? $PEPE’s success also comes in the middle of an overall positive momentum in the crypto market, which is primarily caused by Bitcoin’s recent rally. According to CoinGecko, the meme coin went up by an impressive 43% to reach a fresh all-time high of $0.00001896. $PEPE is currently one of the best-performing meme coins, just behind Peanut the Squirrel ($PNUT), which saw a 238% increase. This shows how much a high-profile listing can impact a token’s price, especially one backed by a strong community. With meme coins now collectively worth over $100 billion, investors are eyeing the next potential big mover. But it’s not just meme coins in the spotlight. The focus is also shifting to Layer-2 blockchain tokens, which stand out for their practical benefits, such as faster transactions and lower fees on major blockchains. Layer-2 tokens, which help scale blockchain networks more efficiently, are gaining momentum and are on the radar of investors hoping for another listing-fueled price jump. One coin that could be particularly interesting is PlutoChain ($PLUTO – below, we’ll see why this is the case. PlutoChain ($PLUTO) Brings Smart Contracts to Bitcoin with a Hybrid Layer-2 Solution – Key Details for Investors Bitcoin may be the biggest name in crypto, but it missed out on the DeFi boom. PlutoChain ($PLUTO)…
Filed under: News - @ November 16, 2024 10:18 pm