Pepe 2.0 Breaks $20 Million Market Cap, #PEPE2 Trends - Is It Really the Next Pepe Coin?

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Pepe 2.0 has shattered the $20 million market cap, hitting a trading volume of $27 million. At the time of writing, Pepe 2.0 is priced at $0.0000000509 according to Coinmarketcap, up by 450.58% in the last 24 hours alone. Launched a couple of days ago, the coin price has pumped 54,000% in no time. This extraordinary surge has left investors and onlookers thinking – is it really the next Pepe coin?

The pool for Pepe 2.0 on DEXTools made recently shows a market capital of more than $3 million and a total liquidity of over $192,000. The current total supply of the coin is 420690.00B PEPE2.0, and there are roughly 1.20k token holders.

Pepe 2.0 is a brand-new coin that is now going bonkers on Uniswap. It has already generated quite the buzz in the cryptosphere, leaving many to speculate if it is the next meme coin superhit. The token’s Coinmarketcap description claims, “it will redo the run-up to a $1 billion market cap”. Our analysis suggests, however, that that is unlikely.

What is Pepe 2.0?

Coinmarketcap describes Pepe 2.0 as wanting “to make things right” and redo its billion-dollar run. The description goes on to read: “Learning from past tokens mistakes, blacklisting some investors, launching on a weekend when you were spending time with your family and friends… he’s a new version of himself, he is now PEPE 2.0. #PEPE2”.

Backed by an enterprising team, good experience, and decent personal funds, the project has thoroughly examined the meme coin industry. They want to make sure they don’t repeat past mistakes in the run-up to their billion-dollar chase. Pepe 2.0 also enlists reasons they stand out in the market: “utilities secured, branding on point, and an outreach second to none.” By all accounts, some of its features do make it seem like one of the new best memecoins in the market.

And now it has more than 6000 holders, as reported by PEPE 2.0’s Twitter account.

Amazing to see #PEPE2 having 6,000+ holders! pic.twitter.com/stDYfVneuP

— Pepe 2.0 #PEPE2 (@pepe2coineth) June 29, 2023

Pepe 2.0’s Surge: Will it Last?

Pepe 2.0 claims to have a great team with the right expertise and desire to make Pepe 2.0 the next big thing, and this could be a factor in propelling the coin to new heights.

In addition, with “decent personal funds” in place, the team also has the right resources to make it happen. Combined with their branding and outreach initiatives and the utility they have already established for the coin, there’s no wonder the coin has surged to unprecedented levels.

However, the claims around a 1 billion dollar market cap seem unlikely now.

When it first started, Pepecoin did appear out of nowhere with a $1 billion market cap. Famously, one early Pepe investor who invested $250 in ETH was able to make a profit of $1.02 million.

Comparatively, Pepe 2.0 does not have the market valuation to reach Pepecoin’s levels, but there might be a significant price increase in the future. The project’s dependability on the DEXTools community trust page is an average of 77 out of 99 and has received 90% favorable votes.

Investing in Pepe 2.0: The Meme Coin Trajectory

The meme coin season had a successful run in the past. Several meme coins experienced exponential growth and produced respectable returns on investments. However, there appears to be a consistent trajectory when it comes to meme coins.

They are thought of as low-cap gems that soar during pre-sale or initial listing, generating stunning rewards for investors who act swiftly. However, shortly after their significant rise, they have a price correction and fall sharply. Pepe 2.0 is acting differently because of this.

Many meme coins have suffered due to the recent turmoil in the cryptocurrency market, with prices decreasing significantly from their all-time highs. For instance, the SpongeBob token has decreased by more than 85% in just one month. PEPE’s market capitalization has also decreased by 7% in a short interval.

Pepe 2.0 might be of interest to investors who previously missed the chance to buy low and sell high. But they must be aware that the crypto market is unstable and price changes occur frequently. We would recommend you invest in the coin with prudence, despite Pepe 2.0 makers being highly optimistic about the coin’s growth potential.

Alternatives to Pepe 2.0

Wall Street Memes

If you are seeking a more reliable alternative, Wall Street Memes appears to be a strong candidate for “the next Pepe”. The company behind the million-person social group, Wall Street Memes, created $WSM, which has been extremely popular among meme stock investors and cryptocurrency investors.

The Federal Reserve right now pic.twitter.com/w2OAL9mzTE

— Wall Street Memes (@wallstmemes) March 17, 2023

And you know you’ve made it when someone like multi-billionaire Elon Musk interacts with your Twitter feed. Musk is the biggest influencer when it comes to meme coins, which is another factor in the Wall Street Memes’ early success. You can purchase the token right now in the presale before it is available on the open market.

There isn’t much time left as Wall Street Memes has already raised close to $11 million, and the next stage of price rise only occurs after the total has reached $11,724,000.

Thug Life

Another recently launched meme coin that has enormous potential to pump during the cryptocurrency market recovery is Thug Life. Following the introduction of its presale yesterday, the brand-new meme coin is expected to go viral. The project includes a variety of well-known figures and memes, including Pepe the Frog, Snoop Dogg, the Dogecoin dog, and Hasbulla.

Thug Life is based on the real meme coin ethos of laughter, fun, and trolling, much like popular meme coins like Pepe, Shiba Inu, and Dogecoin. Thug Life intends to follow suit by creating a strong and cohesive community that will support the token and propel it forward. In the end, this has been demonstrated to be a successful formula for meme coins in the past, and it may do the same for Thug Life.

Conclusion

Since Pepe 2.0 is a new coin, little is known about it at this time. As a result, it is difficult to predict whether the coin will withstand the crypto tide and prevail. Investors could think about more reliable options like Wall Street Memes or Thug Life as meme coin substitutes with better market standing and growth potential at the moment.

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