Pepe Elementals NFTs Top 20 In Volume - Can They Help The Pepe Coin Price Recover?

Pepe Elementals NFTs Top 20 In Volume – Can They Help The Pepe Coin Price Recover?

Updated: 28 June 2023

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The frenzy around meme coins has recently faded, with popular tokens like $PEPE and $Wojak making a dramatic fall. But interestingly, as the hype shifts back to NFTs, $PEPE has received a market boost following the evolution of Pepe Elementals NFTs.

Launched earlier this week, Pepe Elementals is an NFT collection featuring a limited edition of 999 NFTs hosted on the Ethereum network. Pepe Elementals NFTs are summoned from the new Pepe Elemental Beans.

Hahah there are pepe elementals and they're top 20 volume

WE ARE SO FUCKING BACK pic.twitter.com/myohKB6gbr

— Oxy (@JEOxendine) June 27, 2023

Pepe Elementals NFTs Rise In Rankings

The new Pepe Elementals have gained massive traction among investors, amassing more than 97 ETH in just hours. Pepe Elementals have risen to the top 20 in sales volume. Pepe Elementals NFTs were inspired by new Azuki Elementals NFTs, which also went live this week.

Earlier this week, Azuki announced launching of a new NFT collection, “Azuki Elementals. The highly anticipated new NFT collection went live on June 27, selling out all in presale. The NFT has raised more than $37 million in trading sales volume. Azuki Elementals features a limited collection of 20,000 anime-themed NFTs.

Pepe Coin “$PEPE” Price Prediction

Pepe meme coin is based on the popular Pepe the Frog cartoon character. Pepe the Frog became a popular meme on websites like 4chan and Twitter and had been circulating since 2005. Pepe meme coin came into the spotlight in mid-April following its stealth launch.

The meme coin gained massive traction, which pushed its market price from $0.00000006036 to $0.0000004002 in its first three days. The parabolic surge equated to a 563% gain, making it one of the meme coins with huge potential of generating massive returns in the long term.

Since its inception, Pepe has outpaced many of the best crypto projects. However, $PEPE has decreased considerably, making investors wonder whether the meme coin will ever retest hype and reach an all-time high. In the past 24 hours, Pepe coin is trading at $0.000001538.

PEPE Coin Price: Source: okx.com

For Pepe to retest climbing, the project must begin to amass hype. The new Pepe Elemental NFTs are anticipated to create market hype, which is a massive boost for the Pepe meme coin. The Pepe meme coin is in a solid position to grow.

Next Pepe? Wall Street Memes Presale Live Now

Wall Street Memes is another meme coin with huge market potential, just like the Pepe meme coin. The meme coin has a strong foundation, with backing from notable crypto investors like Billionaire Elon Musk. Moreover, Wall St Memes has more than 2 million followers on Instagram.

https://twitter.com/wallstmemes/status/1662474606794493954?s=20

Wall Street Memes was launched last month and has since gained massive traction among investors. Wall St Memes, “$WSM,” has raised over $10 million in just weeks. In 2021, the same team launched an NFT collection on the Ethereum network that sold for a record time of 32 minutes.