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Early Bitcoin investor Davinci Jeremie, who urged people to invest $1 in Bitcoin in 2013, has become the brand ambassador of the PEIPEI meme coin.
And he said in a post on social media platform X that PeiPei is headed for a market cap of $1 billion, up from $157 million now.
$PEIPEI dà ufficialmente il benvenuto a Davinci Jeremie come ambasciatore del progetto 🎉#PEIPEI è la memecoin del momento, promette di essere la nuova $PEPE, dedicata al mercato cinese e alla sua nuova riapertura verso il mondo crypto, questo è quello che sostiene Davinci… pic.twitter.com/R17j3OpP1T
— AngryCrypto (@AngryCrypt0) July 18, 2024
The one-month-old PEIPEI, based on the iconic Pepe meme and infused with a dash of Asian culture, has surged 14% in the past 24 hours to trade at 0.0000003702 as of 7.44 a.m. EST, according to GeckoTerminal.
Jeremie has previously promoted PEIPEI, saying on July 13 that “If you don’t buy PEIPEI, you are a fool.”
Jeremie’s public wallet address shows he currently holds 2.1 trillion PEIPEI tokens valued at around $778K.
Davinci Jeremie An Early Bitcoin Advocate
Eleven years ago, Jeremie made a YouTube video that urged people to buy at least $1 worth of Bitcoin.
“If you want to become wealthy in the future, I suggest you take $1, buy some Bitcoins, and put it in a wallet,” he said.
Since then, Bitcoin has surged by over 90,000% from its 2013 price of less than $100.
Meme Coin Sector Surges
The meme coin sector has surged more than 17% in the past week with Andy, Popcat, and Dogwifhat leading gains among the biggest meme coins with jumps of 104%, 54%, and 46%, respectively.
Meme coin presales are also benefitting from the boost to sentiment.
The Pepe Unchained presale has just blasted past $4.1 million amid rising interest, while the Play-to-Earn canine-themed game PlayDoge has pulled in over $5.7 million. Another hot project called WienerAI has surged past $7.5 million and is now offering investors a last chance to buy.
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