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What’s Behind the Rise of Pepe 2.0 as the Price Continues to Pump and Can These Meme Coins Follow?

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In the rapidly-evolving crypto market, a new contender has claimed the limelight – Pepe 2.0 ($PEPE2.0).

This meme coin, inspired by the original Pepe ($PEPE), has stunned investors with its recent rise and it continues to climb, with its value rocketing 30% in the past 24 hours.

As we explore the sudden rise of Pepe 2.0, we’ll also delve into the sea of meme coins to uncover which projects might follow in its footsteps.

Pepe 2.0 Skyrockets & Outshines Established Meme Coins

At the time of writing, $PEPE2.0 is trading at $0.00000005052 – up over 30% in the past day.

Per CoinMarketCap data, the token boasts a market capitalization of $19.6 million, putting it ahead of more established meme coins like Samoyedcoin ($SAMO) and Vita Inu ($VINU).

A total of 9,642 unique wallet addresses now hold $PEPE2.0, compared to only 5,410 on June 29, showcasing retail investors’ growing interest.

Moreover, data from Etherscan.io reveals that some big hitters are taking note of the token, with several buy orders worth over $10,000 arriving in the past few hours.

These figures highlight the escalating demand for $PEPE2.0 and the significant niche it’s carving for itself in the volatile meme coin market.

Its popularity is even reflected in the scale of its trading volume, which exceeded $12.9 million over the past 24 hours, according to CoinGecko.

Clearly, Pepe 2.0’s capacity for consistent growth only seems to be strengthening, suggesting that the best might be yet to come for this budding meme coin.

Unraveling the Dynamics Behind Pepe 2.0’s Stellar Ascent

Delving into the reasons behind $PEPE2.0’s skyrocketing popularity, several factors stand out.

First and foremost, the legacy of the original Pepe token plays a significant role in igniting interest in its successor.

Since $PEPE’s initial bull run saw the token’s price explode by over 10,000%, investors are naturally drawn to $PEPE2.0, hoping for a repeat performance.

Moreover, the current bullish sentiment in the meme coin space offers a productive environment for $PEPE2.0’s surge.

Data from CoinCodex reveals that the meme coin market is now valued at a whopping $16.2 billion – and is growing larger by the day.

Thus, the impressive gains from other meme coins have created a sort of “ripple effect,” encouraging retail investors to look for the next project that could produce exponential returns.

Overall, the bullish meme coin market and the original Pepe’s compelling legacy appear to be providing a solid platform for $PEPE2.0’s current momentum – which shows no signs of slowing.

Can These Meme Coins Mirror Pepe 2.0’s Surge?

While Pepe 2.0 has been grabbing headlines, it’s not the only meme coin poised to make a significant impact in the crypto scene.

Two other projects, Wall Street Memes and Thug Life, are currently gaining traction.

Wall Street Memes Continues to Rise After Raising $12.4m Through Presale

Wall Street Memes ($WSM) is harnessing the power of community and the allure of meme culture to create a storm in the crypto space.

Having already raised an impressive $12.4m during its presale phase, Wall Street Memes is carving a unique path in the market – setting it apart from the hundreds of alternative meme coins that launch each week.

Wall Street Memes aims to create a community-driven ecosystem centered around standing up to the financial heavyweights on Wall Street.

This plan seems to be working, evidenced by the project’s rapidly growing Telegram channel.

As Wall Street Memes’ presale nears its end, there’s palpable excitement surrounding the $WSM token’s forthcoming debut on Tier-1 CEXs.

Investors globally are eager to uncover the potential of $WSM – with several crypto influencers (including Crypto Jamie) coming on board as brand ambassadors.

If the project maintains its momentum post-listing, $WSM could have a stellar second half of 2023.

Visit Wall Street Memes Presale

Thug Life Amasses $325,000 Funding in Record Time, 13 Days Left to Buy on Presale

Thug Life ($THUG) is another meme coin quickly garnering attention in the crypto community.

Billed as a way to “pimp out your money game,” $THUG has been experiencing a steady climb in community engagement since launching last week – with more than 2,900 people now following the official Twitter account.

The team behind $THUG is banking on the viral appeal of its unique brand image and the increasing popularity of meme coins to drive its growth.

Also, the team is actively fostering an engaged community – evidenced by the fact that 70% of the total $THUG supply has been set aside for presale investors.

Like Wall Street Memes, Thug Life’s price could significantly rise if it continues to resonate with meme coin enthusiasts worldwide.

All in all, $THUG’s unique branding and rapidly growing community undoubtedly make it a clear contender for a Pepe 2.0-style surge.

Visit Thug Life Presale

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