What’s behind the rise of Pepe 2.0 as the price continues to climb and can these Meme coins keep up?

In the rapidly changing crypto market, a new competitor 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 continues to soar, with its value soaring 30% in the past 24 hours.

As we explore the sudden rise of Pepe 2.0, we’ll also dive into the sea of ​​meme coins to find out what projects might follow in his footsteps.

Pepe 2.0 Skyrockets & Outshines Established Meme Pieces

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

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

A total of 9,642 unique wallet addresses now hold $PEPE2.0, up from just 5,410 on June 29, demonstrating growing interest from retail investors.

Additionally, the data from etherscan.io reveals that some heavy hitters are taking note of the token, with multiple buy orders worth over $10,000 coming in over the past few hours.

These numbers highlight the growing demand for $PEPE2.0 and the important niche it is carving out in the volatile meme coin market.

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

Clearly, Pepe 2.0’s capacity for constant growth only seems to be getting stronger, suggesting that the best may yet be yet to come for this budding coin.

Unveiling the dynamics behind Pepe 2.0’s stellar rise

When exploring the reasons for the growing popularity of $PEPE2.0, several factors stand out.

Above all, the legacy of the original Pepe token plays an important role in the interest in its successor.

Given that the initial bull run of $PEPE saw the price of the token explode over 10,000%, investors are understandably drawn to $PEPE2.0, hoping for repeat performance.

Additionally, the current bullish sentiment in the meme space provides a productive environment for the surge of $PEPE2.0.

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

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

All in all, the meme coin bull market and the compelling legacy of the original Pepe appear to provide a solid platform for the current momentum of $PEPE2.0 – which shows no signs of abating.

Can these Meme Coins reflect the surge of Pepe 2.0?

Although Pepe 2.0 has grabbed headlines, it is not the only meme coin poised to make a significant impact on 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) harnesses the power of community and the lure of meme culture to create a storm in the crypto space.

Having already raised an impressive $12.4 million in its pre-sale phase, Wall Street Memes is forging a unique path in the market that sets it apart from the hundreds of alternative meme pieces that are released every week.

Wall Street Memes aims to create a community ecosystem focused on resisting the financial heavyweights of Wall Street.

This plan seems to be working, as evidenced by the rapid growth of the project telegram channel.

As the Wall Street Memes presale draws to a close, there is palpable excitement around the upcoming debut of the $WSM token on CEX Level 1.

Investors around the world are eager to experience the potential of $WSM – with several crypto influencers (including Crypto Jamie) as brand ambassadors.

If the project maintains momentum after listing, $WSM could have a great second half of 2023.

Visit the Wall Street Memes Presale

Thug Life raises $325,000 in funding in record time, 13 days left to buy in presale

Thug Life ($THUG) is another meme coin that is quickly catching the attention of the crypto community.

Touted as a way to “power up your gambling”, $THUG has seen a steady increase in community engagement since its launch last week – with over 2,900 people now following the official Twitter account.

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

Additionally, the team actively fosters an engaged community – evidenced by the fact that 70% of $THUG’s total supply has been reserved for pre-sale investors.

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

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

Visit the Thug Life presale

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