Brand-new meme coin craze By consistently breaking records each day, $PEPE is creating a stir.
This frog-themed parody coin has exceeded Dogecoin and Shiba Inu in trade volume over the past 24 hours, positioning it as a potential third challenger in the fiercely competitive meme coin market.
But $PEPE is not the only participant in this contest. In this post, we looked into three additional meme currencies that have a lot of promise for investors looking to get in on the next big thing in the cryptocurrency industry.
$PEPE, Third Force Rising Devastates DOGE and SHIB Trading Volume
The frog-themed currency $PEPE is the first on our list of the upcoming wave of meme currencies.
$PEPE is a deflationary token that runs on the Ethereum network that had its start as an online fad in the early 2000s with a distinctive green frog mascot designed by Matt Furie.
Midway through April 2023, $PEPE attracted a lot of interest on the cryptocurrency market, rocketing to a market worth of $1.6 billion in only a few short weeks.
Even though its value has now significantly decreased, this meme coin has established itself in the ecosystem of joke cryptocurrencies.
Later, it made tier-1 exchange listings on Binance as well as other platforms including OKX, LBank, and several more.
The meme coin’s unknown creators, however, had a specific goal in mind when they created it: they wanted to make it a major player in the amusing cryptocurrency market.
A 13.96% rise over the previous 24 hours is indicated by the $PEPE token’s current price of $0.00000173 as of the time of publication.
Its seven-day price performance has increased 67.54% over the last week, much in line with the overall cryptocurrency market. The project’s major draw has not, however, been this.
During the previous day, $DOGE and $SHIB together had less trading volume than $PEPE during the course of a 24-hour period.
In comparison, over $372 million worth of trade has taken place in Dogecoin during the same period and over $147 million worth of trading has taken place in $SHIB.
In spite of a 20.41% loss throughout this time period, $PEPE has outperformed both, generating a $490 million trading volume.
As a result, it becomes exciting to wonder if $PEPE may soon unseat Dogecoin as the reigning meme coin.
Wall Street Memes: Tokenization Of the Rise of the Retail Investor to Relevance
The environment has undergone substantial changes since the financial crisis of 2008, which led to the emergence of the Bitcoin network the following year. This progression is demonstrated by the GameStop events of 2021.
Retail investors banded together to purchase shares in struggling firms after being inspired by conversations on the famous Reddit forum WallStreetBets. They did this in order to compete with hedge funds and institutional investors who were selling these stocks.
The success of this confrontation finally resulted in the collapse of numerous reputable financial organizations, which gave rise to the meme stock phenomena.
These days, Wall Street Memes are a tokenization of this idea thanks to blockchain technology.
Wall Street Memes seeks to provide small-time investors the chance to make money from apparently minor pennies while standing as a testament to the internet’s victory against unbridled capitalism.
The initiative offers a simple entry point for anybody looking to take advantage of the market’s potential, with a mentality founded on the same idea that sparked the GameStop revolution.
The Wall Street Bulls NFT collection, which sold out in 32 minutes on the Ethereum network, was a prior major success for the unnamed development team, giving the product an exceptional track record.
A recent release of a Wall Street Bull Ordinals collection made in Bitcoin has further crowned this for the team.
Wall Street Memes is positioned to potentially gain a tier-1 exchange listing in the near future thanks to its community of over 1 million fans, which has even caught Elon Musk’s attention.
Similar to the viral hit $PEPE, it has the potential to emerge officially in 2023 and go on to become one of the most valuable meme currencies.
Currently, the presale phase of the project is underway. With further investment coming in, the $WSM coin has raised over $10 million to far.
Before the next price increase, investors who purchased $WSM early can do so at its current presale price of $0.0301.
Platform for generating memes using AI: AiDoge
In a crypto market that hasn’t seen many significant positive movements in the last six months, meme coins have been the greatest beneficiaries.
The new meme-generation tool driven by AI is one such thing that has investors’ interest.
Users have access to the entire power of artificial intelligence through the AiDoge platform, which is designed exclusively for the generation of memes.
The AiDoge algorithm is trained using billions of meme data points from various sociolinguistic and cultural backgrounds.
When users utilize its text-prompt feature, it may now offer contextually appropriate and current memes.
AiDoge allows users to quickly enter their descriptions into the text prompt and obtain the appropriate results in a matter of seconds, much to OpenAI’s ChatGPT.
Additionally, the platform for creating memes rewards users with its $AI token for creating the best meme descriptions.
The well-known centralized exchanges MEXC and UniSwap just added the $AI token to their listings.
Users can choose to stake their $AI tokens and receive a stunning 50% annual percentage yield (APY) over the course of the following two weeks.
Milady, A Self-Organized Meme Coin
The Milady project completes the second phase of our meme currency era. It was developed as homage to an NFT collection with a comparable profile and functions as a tokenization of the memetic white pill that has been properly tuned.
Because Milady takes pride in being a self-managed meme project, its community is vital to its ongoing development.
The $LADYS token, the system’s drip currency, drives the whole activity. The karma, attractiveness, and appeal points are the meme asset.
All in all, the Milady project’s driving force is the $LADYS token.
The digital cryptocurrency is presently declining after a robust bull run. By trading at $0.00000000001 at the time of publication, LADYS has had a day-over-day decline of 0.92%.
