Pepe Price Outlook: Meme Coins to Watch as Prices Surge

9 months ago 5
ARTICLE AD BOX

The crypto market has been buzzing with the dramatic rise of Pepe (PEPE), leading many investors to wonder if they missed the boat.

However, while PEPE has made waves, it’s not the only meme coin worth considering in this resurgent market.

This article will explore whether it’s too late to buy PEPE and introduce four other promising meme coins that could offer even greater potential as prices continue to climb.

PEPE Hits Record Highs, But Is It a Sustainable Investment?

PEPE has been the talk of the crypto world recently, with its price hitting an all-time high (ATH) of $0.0000085 earlier today.

However, the coin has since pulled back by 11% from that high, leaving potential investors wondering whether they should still consider buying in.

With a staggering $3.8 billion in spot volume, PEPE currently ranks as the third most traded meme coin, and its market cap of $3.1 billion cements its position as the third-largest meme coin overall.

These figures demonstrate the immense interest surrounding PEPE.

However, it’s crucial to note that PEPE, like many other meme coins, lacks a clear use case.

Its value is primarily driven by hype and speculative buying rather than fundamental utility.

This reliance on sentiment leaves the token vulnerable to sudden price swings.

So, should investors buy PEPE right now?

While the recent surge in PEPE’s price may be tempting, its lack of a solid foundation can’t be ignored.

As such, those who do decide to invest must be aware that the token’s price could plummet just as quickly as it rose.

Which Meme Coins Should Investors Consider Buying?

While PEPE has been making headlines, it’s not the only meme coin worth watching in this market.

For investors seeking potentially lucrative opportunities, here are four other meme coins that could offer exciting prospects as prices continue to rise:

1. Smog (SMOG)

Smog (SMOG) is a dragon-themed meme coin that has recently attracted the attention of crypto investors.

Built on Solana, SMOG aims to create a strong community around its unique theme and features.

These features include an ongoing airdrop campaign that investors can participate in by completing quests on Zealy.

Alongside the airdrop campaign, SMOG has a built-in staking protocol where token holders can earn attractive yields – creating a pathway to passive income.

SMOG’s price is up 25% since Monday and the token is fast approaching 50,000 holders.

With SMOG nearing its previous ATH, the meme coin community is closely watching to see if it can set new price records.

Visit Smog Token Website

2. Sponge V2 (SPONGEV2)

Sponge V2 (SPONGEV2) is the next iteration of Sponge (SPONGE), its predecessor which gained popularity back in May 2023.

With an established brand and community, SPONGEV2 has already shown its growth potential by continuing the momentum generated by SPONGE.

The token is currently priced at $0.0018 and is up an impressive 242% since migrating to Polygon at the start of February.

There are now over 50,000 unique SPONGEV2 holders – and the token boasts a market cap of over $75 million.

With the development team also beginning work on a play-to-earn (P2E) racing game, there’s significant excitement building around the project.

Visit Sponge V2 Website

3. PepeFork (PORK)

Another of the best meme coins to buy is PepeFork (PORK), a meme coin that emerged as a derivative of PEPE.

Created in response to the community’s dissatisfaction with the PEPE team, who were accused of mismanagement, PepeFork aims to rebuild trust and offer more use cases.

These use cases include an upcoming NFT trading card game, although details remain scarce.

PORK is currently trading for $0.00000060 and is up a whopping 61% in the past day alone.

Although not directly connected to the original PEPE, PORK has clearly benefited from the wider interest in meme coins .

4. Popcat (POPCAT)

The final entry on our list of the best meme coins to buy is Popcat (POPCAT).

Popcat is inspired by the famous “Popcat” meme and aims to create an ecosystem made up of entertainment, rewards, and community engagement.

Built on the Binance Smart Chain, Popcat employs tokenomics mechanisms, like burns and buybacks, to manage its supply and support value.

The project also incentivizes long-term holding of POPCAT by distributing a portion of transaction fees to token holders.

With the token’s price rocketing 968% in the past week, POPCAT is another meme coin that crypto enthusiasts may wish to keep track of.

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

The post Pepe Price Outlook: Meme Coins to Watch as Prices Surge appeared first on CryptoPotato.

Read Entire Article