Pepe, Dogwifhat and Bonk Prices Surge as Meme Coins Continue to Rally
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DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The meme coin mania appears to have started once again, sparked by Fed Chair Jerome Powell’s dovish Jackson Hole address. The usual suspects – Pepe and Dogwifhat – are leading the meme coin rally, both up by double digits over the past day. Smart money traders continue to view them as beta bets on Ethereum and Solana, respectively. Bonk, Floki and Popcat are also among the top-performing crypto assets over the past day. Experts believe that meme coins will continue to outperform every other asset class for the rest of this bull cycle. Smart money investors are also stacking low-cap and new meme coins, owing to their high upside potential. For instance, Pepe Unchained has raised over $10 million in its presale, with some analysts calling it the next 100x meme coin. Is It Too Late To Buy Pepe, Dogwifhat and Bonk? Experts are extremely bullish on meme coins such as Pepe and WIF, so much so that they believe sidelined investors are still early. For instance, the Pepe coin is currently trading at $0.0000082 with a market capitalization of just under $4 billion. The meme token is up by over 13% in the past day and 25% over the past week. And yet, it is trading nearly 46% below its all-time high. New buyers can still double their investments if the PEPE price only hits its peak again. However, analysts are confident that it has much higher upside potential. For instance, one of the top Bybit traders Bluntz (@Bluntz_Capital) sees a close resemblance between the Pepe price chart and BTC’s when…
Filed under: News - @ August 24, 2024 10:19 pm