The post After Dogecoin & Pepe exploded, Flockerz raises $2M and could be the next 10x meme coin appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and Pepe soar, adding billions to market caps, but new meme coin Flockerz’s $2M presale hints at a potential 10x surge. Dogecoin and Pepe have both exploded in price this month, adding multiple billions to their market caps. Yet, with new meme coin Flockerz raising $2 million in its presale, traders think a 10x gain could well be on the way. DOGE targets ATH, PEPE enters price discovery  Dogecoin is venturing toward its 2021 bull market highs, instilling a significant sense of optimism into the meme coin sector. Yet, Pepe has already entered price discovery, smashing its May highs with a spectacular performance this month. DOGE now sits at $0.39 after peaking at $0.43 earlier this week. Currently, Dogecoin’s trading volume is $8.9 billion, which is a good sign, indicating strength as it breaks out. Dogecoin is up 3.4% today, down 5.2% this week, and up 171% this month. Meanwhile, Pepe is trading at $0.00002015. It peaked at $0.00002524 on 14 November and is down 7% on the day. However, it remains up 40% this week and 98% this month. What’s causing the meme coin rally?  The recent explosion of Dogecoin and Pepe, alongside other meme coins, is fueled by the recent Bitcoin rally, which propelled its price to a new all-time high (ATH) after Donald Trump won the election. Trump has famously voiced pro-crypto ideas throughout the presidential run-in and continues to do so even after the election concluded.  He’s also expected to speak with Coinbase CEO Brian Armstrong about how to effectively regulate the industry in a way that encourages growth. JUST NOW FROM THE WSJ: Donald Trump will be meeting privately with Coinbase $COIN CEO…

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Filed under: News - @ November 20, 2024 9:27 pm