Pepe Price Explodes 40%, What's The Next Big Meme Coin To Buy

Excitement Revives in Crypto Space, Memecoins Surge

Excitement has resurfaced in the crypto realm, particularly in the memecoin sector, fueled by PEPE's explosive price increase over the past two days.

With Bitcoin and other altcoins regaining momentum, investors are embracing the meme coin space, anticipating another significant rally. This enthusiasm has led to substantial investments in PEPE and other high-potential memecoin projects like Sealana.

PEPE's Price Surges, Investors Anticipate Similar Trends

PEPE had already established a sizable community in recent months. It was one of the few leading memecoins that maintained consistent engagement on social media. A steady increase in followers contributed to its recent price surge.

The frog-themed token traded at $0.0000089 on May 20th, subsequently soaring to approximately $0.000013, representing a price increase of over 40% in a single day.

Despite its multi-billion dollar market cap valuation, PEPE's impressive price spike has reignited investor interest and excitement, particularly within the memecoin category.

Is PEPE's Surge a Precursor to Another Memecoin Season?

Major memecoins like Dogecoin, Shiba Inu, and Bonk have also experienced value spikes, with most seeing a value increase of at least 10% in the past 24 hours. Amidst this positive market sentiment, speculation suggests that PEPE may be poised for another significant price increase, with other memecoins primed for similar rallies.

The crypto market had endured a bearish trend until recently, with Bitcoin touching $57,000 in early May. However, this marked a reversal point, as Bitcoin's price gradually recovered, currently surpassing $70,000.

This positive market outlook has benefited major altcoins, with memecoins witnessing the most significant gains as a category.

While PEPE has experienced a slight decline since its initial spike, there is considerable discussion surrounding a potential memecoin season. This has prompted investors to seek out high-potential memecoins that could potentially yield returns comparable to PEPE or even surpass them in the coming weeks.

Prominent crypto YouTuber Jacob Crypto Bury has expressed bullish views on PEPE in his recent video highlighting top meme coins for investment. He believes the current "extreme fear" market conditions provide an opportune time to accumulate PEPE.

Bury also discussed Sealana, emphasizing its potential as the next breakout crypto this season.

Sealana: Poised to Become the Next Meme Coin Sensation?

Sealana, inspired by Slothana, has garnered considerable attention amid PEPE's price surge.

A minimum-utility meme coin, Sealana embodies the sentiments of "degens" constantly seeking new SOL-based meme coins for investment.

The project's mascot, a portly seal lounging on a couch and indulging in pizza, reflects the meme's lazy and opportunistic nature.

This quirky imagery has contributed to Sealana's popularity during its ongoing presale, which has already raised over $2.2 million.

Its viral potential and relatable imagery make Sealana a promising SOL-based meme coin to watch. Interested parties can visit the official website to participate.

Visit Sealana Website

Source: https://thebittimes.com/pepe-price-explodes-40-what-s-the-next-big-meme-coin-to-buy-tbt89192.html