Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Pepe rallies 23% to a new ATH with surging volume, while Wall Street Pepe offers a strong alternative.
Pepe has rallied 23% in the past week to a new all-time high (ATH). It’s trading volume is surging and other meme coins are struggling to stay afloat.
Is this a good time to buy Pepe, or could the newly launched Wall Street Pepe offer a better alternative?
Pepe Breaks Out With Strong Volume
Pepe coin’s volume is much higher than the market average today, which shows traders remain interested despite its heightened price.
Right now, Pepe is trading at $0.00002642, up 4% today, 26% this week, and 143% this month.
It currently holds a $11.1 billion market cap and a $6.4 billion 24-hour trading volume. That’s over $4 billion more than Shiba Inu’s volume and under $300 million less than Dogecoin’s.
Pepe’s volume even surpasses that of Solana, which currently holds a $110 billion market cap.
Its high volume confirms that the uptrend is strong, laying the way for more growth.
Traders Target SHIB Market Cap
Given that Pepe has easily surpassed Shiba Inu in terms of trading volume, it’s no surprise that traders are now looking towards its market cap catching up.
Currently, Shiba Inu holds an $18.3 billion valuation, which is $7.2 billion higher than Pepe’s.
Analyst Jameson says that the “flippening is inevitable.” Based on Shiba Inu’s current market cap, Pepe must rise by 64% to catch up. This would push its price to $0.0000433.
However, the crypto market is amidst a bullish phase, in which Shiba Inu will also rise. So, should Pepe flip Shiba Inu as expected, we could see its price climb higher than that.
Popular Pepe trader Plazma looks toward Shiba Inu’s ATH market cap, which would give Pepe a price of $0.00012.
Plazma hails Pepe’s price chart, which he says looks better than any other project right now. In the tweet, the analyst also points to Dogecoin’s ATH, which would give a Pepe price of $0.0002.
This week, Pepe has created an ATH while tokens like Shiba Inu and Dogecoin struggled to stay in the green. This highlights the project’s market appeal and momentum, which could provide legs for much more gains in the coming months.
Based on all of this, Shiba Inu’s ATH market cap – which would place Pepe at a price of $0.00012 – seems an optimistic but achievable target for this market cycle.
In a storm of euphoria, Pepe could potentially even reach Dogecoin’s previous high market cap at a price of $0.0002.
However, as Pepe shows strength, a new Pepe-related token has entered the market and is making significant gains. The project is called Wall Street Pepe, and it has raised over $3 million in its opening five days of presale.
Can Wall Street Pepe provide bigger returns than Pepe?
Profit-hungry investors are rotating to Wall Street Pepe, drawn to its electrifying blend of Pepe coin and Jordan Belfort. The project is building an army of everyday traders who are tired of seeing others get rich and want to become millionaires themselves.
Crypto is swamped with whale insider groups who know what to buy, when to buy, and when to sell. Wall Street Pepe is creating his own, and all WEPE holders are invited.
It’s more than a Pepe reboot. This project is fueled by a love of Pepe and inspiration from Jordan Belfot’s rags-to-riches story, and it’s providing the community with market-beating tools.
As mentioned, it’ll have its own trading insider group. Users can discuss strategies and the best ways to maximize profits. But the project will also provide trading signals and alpha insights, giving users the heads up on the next 100x potential meme coins and more.
Users can also earn tokens via staking or submitting their trading ideas to the team.
This concept that has never been done before. It’s using the starpower of two iconic figures to cultivate a community, and then it’s providing the tools to organize this community into the next group of crypto whales.
The presale price is expected to rise throughout the campaign, so prospective buyers should not wait around.
For more information, visit the Wall Street Pepe presale website.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
+ There are no comments
Add yours