Join Our Telegram channel to stay up to date on breaking news coverage
The Pepe price soared 23% in the past 24 hours to trade for $0.00001037 as of 02:05 a.m. EST on trading volume that skyrocketed nearly 280%.
The surge saw the Pepe price hit an all-time high at $0.00001119, clearing the $0.000010 threshold that was last tested on March 15.
PEPE is not alone, with peers including Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI) all recording strong gains, according to CoinGecko.
The surge in meme coins comes amid a new outbreak of meme coin mania that was sparked by the GameStop theme that in turn was ignited by the resurfacing of Roaring Kitty.
GameStop Euphoria Sends Memecoins On A Tear, Pepe Price Explodes
The GameStop (GME) price exploded on Monday, drawing attention to meme stocks. It comes after Roaring Kitty, AKA Keith Gill, resurfaced on X for the first time since June 2021. Gill is the personality behind the GameStop (GME) saga, which saw Reddit traders overpower hedge funds that were profiting from short bets against the game store.
His comeback was delivered by way of a meme of a video gamer leaning forward and appearing to be neck-deep in the game.
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
The hype saw GameStop short-sellers lose $1 billion in the first hour of trading on Monday after GameStop’s GME token surged 2,200%.
Oh boy I’ve just realised… $GME pump > RETAIL IN > meme stocks pump > memecoins pump
#1 retail coin? Probably #HARAMBE. https://t.co/Ch8Xp9v4Pj
— SLURP (@Slurpoor) May 13, 2024
Despite the current euphoria, some analysts call for caution, saying, “Memecoin Supercycle can’t begin if everyone is anticipating it.”
There's a lot of hype around #RoaringKitty and #GME on CT, driving several meme coins to pump today.
However, investors often overlook the fact that a true #MemeCoinSuperCycle can't begin if everyone is anticipating it.
More pain and suffering is needed, before we can…
— Alpha Extract (@alphaextract_) May 13, 2024
Pepe Price Prediction
The Pepe price is trading with a bullish bias, after a sustained series of higher highs with a bold attempt to reclaim the previous high of $0.00001096.
The Smooth Moving Average (SMMA) is pointing upwards to show this is the path with the least resistance. It provides downward support at $0.00000865. The Relative Strength Index (RSI) is also northbound, signifying rising momentum.
Increased buying pressure could see the Pepe price clear the current all-time high, potentially extending to a new local top.
GeckoTerminal: PEPE/USD 1-day chart
On the other hand, if profit booking intensifies, the Pepe price could retract. For the bullish thesis to be invalidated, however, the bears must slip past the 50% Fibonacci placeholder at $0.00000754. It must close below the 38.2% Fibonacci retracement level of $0.00000673.
Meanwhile, amid the ongoing meme coin mania, the WienerAI presale is also hitting milestones as the new canine-themed AI meme coin hurtles towards $2 million in funds raised.
Promising Alternative To PEPE
WAI is the powering token for WienerAI, a fun, playful meme coin that says it’s a “groundbreaking AI token that merges the worlds of artificial intelligence, canine loyalty, and the obvious appeal of sausages into a singular global movement.”
Don't be left out in the cold.
GET IT WHILE IT'S HOT
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/I69IUJanLC
— WienerAI (@WienerDogAI) May 8, 2024
WienerAI straddles two of the hottest niches in crypto: meme coins and AI tokens. Both have performed remarkably well this year, so it’s little surprise that WienerAI (WAI) is quickly becoming a viral phenomenon with $1.77 million raised already.
This explains why Crypto YouTubers and analysts such as Jacob Crypto Bury anticipate up to 100X growth potential after listing.
The project aims to emulate and surpass the success of other top dog-themed meme coins like Dogecoin and Shiba Inu.
Its WAI token is an ERC20 token on the Ethereum blockchain. With 20% of the 69 billion token supply set for staking rewards, you can easily earn passively on the platform by staking $WAI for an enormous 549% annual percentage yield (APY).
Upwards of 1.886 billion WAI tokens have already been staked, with stakers enjoying current rewards of up to 3,938 WAI per ETH block.
How staking your $WAI feels.https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
To participate in the presale, you can purchase $WAI tokens on the official website here for $0.000707 each.
Act soon if you are interested before a price hike strikes in less than three days. You can use ETH, USDT, or your bank card to make the purchase.
Visit and buy WienerAI tokens here.
Also Read:
- What Sets WienerAI Apart from Floki Inu? A Deep Dive into Meme Coin Differences
- WienerAI Brings Novel Twist to Crowded Meme Coin Sector With Hotdog-Canine-AI Hybrid
- WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
- Best AI Crypto Coin Projects: Top Picks for 2023
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
