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The rising meme coin PEPETO is set to become a prominent name in the playfield both against prominent ones like Dogecoin and BONK. With recent price movements and the increased community interest, its potential to dominate the meme coin market was speculated. While PEPETO starts to gain traction, analysts debate whether it will have the momentum to topple DOGE and BONK to become the next big meme crypto.
BONK: A Volatile Contender Riding the Meme Wave
Launched on the Solana blockchain, BONK gained popularity in early 2023 thanks to viral trends and community-driven efforts. It may have capitalized on meme culture, but its growth has been inconsistent, with questions raised about its long-term viability. Nevertheless, BONK is one of the biggest gainers today, showing increased interest again.
Technical indicators support the break of the recent price, as the Ichimoku Cloud view suggests bullish sentiment. This is proven by the fact that there has been a slight increase of trading activity in BONK, proven by a Volume Oscillator reading of 12.15%. When last updated, BONK could be purchased for $0.00003348, gaining 11.22% in 24 hours.
However, BONK’s stickiness isn’t tested and competes hard with some other meme cash. It may be something short-term that enjoys success for a while, but its trajectory depends on hype.
Dogecoin
Although Dogecoin is often seen as the pioneer of meme coins, a dedicated community and celebrity endorsements mean that the coin isn’t going anywhere soon. Despite hitting a five-week high at $0.43 on January 17, DOGE has retraced to $0.39. This minor dip is not enough to shake the faith in the +17.05 % seven-day rise in DOGE, which still features as one of the top cryptos by the week’s performance.
According to technical analysis, DOGE retraced up to a strong support level on the 4-hour chart at $0.36. Analysts predict this support holds, and a rally to new highs is possible. However, if this level doesn’t have, it can go down to the next support zone at $0.30.
The DOGE Fear and Greed Index is at 77 (Extreme Greed and Bullish Sentiment). According to market watchers, DOGE’s performance is being powered by ongoing crypto adoption optimism and the support of influential figures. DOGE eyes the $1 mark as long as the market conditions are right and the community continues to engage.
PEPETO: A New Challenger Emerges
Also fresh to the meme coin space, PEPETO is quickly attracting attention for a new way and growing community to engage with crypto. Unlike its competitors, PEPETO combines meme culture with tangible utility and manages to hit a broader audience. Its dual focus has given it the niche to be a serious contender among the meme cryptocurrencies.
PEPETO is popular due to its early adoption and strategic marketing, which helped the project go viral and attract not only retail but also institutional players. The recent price surge has drawn comparisons to the early days of Dogecoin and BONK. Only time will tell if PEPETO can hold onto this growth and secure its stance as a top meme coin.
PEPETO is cautiously optimistic that it can outperform DOGE and BONK. What sets it apart in a crowded cryptocurrency space is its focus on innovation, focusing on innovation and community-driven initiatives. If PEPETO continues on its upward path, it could quickly become a big name in the growing kingdom of meme-based digital assets.
PEPETO’s appearance as a possible DOGE, BONK rival marks a turning point in the meme coin sector.
To join the ongoing presale or start staking PEPETO ‒ visit Pepeto’s official website.
ABOUT PEPETO
Pepeto is a cutting-edge cryptocurrency project blending the playful spirit of memecoins with a powerful utility-driven ecosystem. It features a zero-fee exchange, a cross-chain bridge for seamless swaps, and staking rewards designed to support the next generation of tokens.
Media Links
Website: https://pepeto.io
TG: https://t.me/pepeto_channel
IG: https://www.instagram.com/pepetocoin/
YouTube: https://www.youtube.com/@Pepetocoin/
Contact Details:
Contact: TokenWire Team
Email: contact@tokenwire.io
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