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Top 3 Meme Coins: From 586,888% Gains to Massive Community!

Release: 2024/07/12 04:04 Reading: 984

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/66902b8c31d289304ed6b2e6

Top 3 Meme Coins: From 586,888% Gains to Massive Community!

Top 3 Meme Coins: Witnessing Explosive Gains and Engaged Communities

Amidst the dynamic crypto landscape, meme coins have emerged as a significant force, eclipsing the performance of Bitcoin and altcoins in recent times. Join us as we delve into three meme coins garnering notable popularity:

PeiPei

PeiPei, a meme token inspired by Pepe the frog, has witnessed a meteoric rise of over 28,000% within a month. Its market capitalization has surged to $139.01M, and it currently trades at $0.063279.

Analytical indicators suggest a potential for price correction, with its major support level at $0.062502. The project has amassed an impressive 17k followers on Twitter and ranks third among trending coins, trailing only Bitcoin and Render.

PEPU

Pepe Unchained (PEPU) has emerged as a highly anticipated pre-sale, amassing over $3 million in funding. Despite its humorous nature, the pre-sale results demonstrate a serious commitment from the community.

The pre-sale price stands at $0.0083591, with 273M PEPU tokens staked. The whitepaper outlines PEPU's ambitious goal of becoming a layer 2 solution on the Ethereum ecosystem, aiming to enhance transaction speed and reduce fees.

BONK

BONK, a dog-themed meme coin built on Solana, has surpassed Dogewifhat in performance. Since its launch in December 2022, BONK has delivered an astonishing 586,888.94% return on investment at its peak in March 2024.

Currently trading at $0.00002420 with a market capitalization of $1.67B, BONK boasts a vibrant community of 325.5k followers on Twitter. While charts suggest a potential correction, BONK's historical gains hint at the possibility of further appreciation.

Conclusion

The collective market capitalization of meme coins atualmente stands at $42 billion, a significant decline from its peak of $90 billion in 2021. This shift highlights the importance of thorough research and investing within one's means.

As new meme coins emerge and volatility remains a constant, it is paramount to approach investments cautiously and remember the inherent risks associated with these volatile assets.

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