In short, meme coins have established themselves as the highest-gaining cryptos in the past year, and that includes PEPE, which gained over 43168% since its launch in May 2021. Pepe’s latest gains are due to a massive purchase of 190B tokens, showing that whales are still interested in meme coin markets. They are now focusing on emerging projects such as Wall Street Pepe, Crypto All Stars, CatSlap, and Flockerz, so let’s see what’s happening with the meme coin markets in more detail.
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Crypto Whale Buys Nearly $5 Million Worth of PEPE
After the listing on CoinGecko, PEPE became the third most valuable meme coin and its market cap jumped from ~$4 billion to over $9 billion in the next 48 hours. The massive boost in trading volume and demand has since helped push PEPE to a market cap of over $11.5 billion.
The initial gains following the listing on CoinGecko were followed by numerous sell-offs and correction periods, but PEPE kept bouncing back, reaching new ATHs in the following days. The situation today is very similar, as the token gained nearly 10% since Sunday, reaching the value of $0.00002707. However, the recent pump is likely due to a whale investing nearly $5 million in a single PEPE purchase that got him over 190B tokens.
The massive purchase only fueled the fire, and the PEPE/meme coin hype turned losses into gains a few hours later. Many crypto veterans thought that PEPE can’t bounce back to $10 billion, but it did, and then some. Bitcoin is now trading over $100K once again, and is attracting billions in capital to the market. That said, the chances of a 100X meme coin going live are becoming ever smaller due to an increased influx of capital, but there are a few projects that could pump by 20X or higher in the upcoming period. So, let’s take a closer look at the memes that could turn a small investment into massive returns in the next few months.
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Wall Street Pepe – Meme Coin Infused With Expert Trading Signals Raises $3.5 Million In 7 Days
Wall Street Pepe is the newest Pepe-themed meme coin release, but it’s much more than a simple joke cryptocurrency. At its core, the project is designed as a trading signals platform that provides $WEPE token holders with valuable market insights that will allow them to make better investing decisions.
The goal is to give smaller crypto traders a chance against crypto whales by introducing new trading strategies, pointing toward cryptos with high gain potential, and much more. The Wall Street Pepe community members, known as the Wepe Army, will be able to use all of these features to even the playing field and ensure they get better results with every new trade.
The project entered presale last week and has already raised over $3.6 million, proving that the Pepe meme coin craze is still showing no signs of stopping. If you invest in $WEPE tokens during the presale event, you can stake them for rewards of up to 150%, and you’ll get access to the expert trading group immediately after launch. Popular crypto YouTubers like ClayBro predict 10X gains, but it’s still too early to say, as it could be 100X by the time it goes live!
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Crypto All-Stars – Revolutionary Meme Coin Staking Project With Over $11 Million Raised
Crypto All-Stars is another emerging meme coin showing explosive potential due to its revolutionary staking protocol. Namely, once it goes live, it will introduce a feature called MemeVault, which allows users to stake up to 12 different established meme coins to earn native $STARS tokens in return.
The project will launch with full support for popular meme coins such as DOGE, SHIB, MILADY, and others, with more coming in the months that follow. That makes Crypto All-Stars an excellent choice for meme coin enthusiasts and long-term holders, as it allows them to earn a profit without risking their assets.
The ongoing presale has been among the most successful meme coin ICOs in 2024, and has raised over $11 million, with just 11 days left before launch. If you invest in $STARS tokens early, you will get a chance to earn the highest returns, but you can also stake them for an APY of over 200%.
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CatSlap – Low-Cap Cat-Themed Meme Coin With 40X Pumps After Launch
If you need a testament to what a small-cap meme coin can do, CatSlap is an excellent example. The newest cat-themed meme coin went live a few weeks ago, with a modest market cap of only $1 million. It’s built around a nervous cat who slaps everything around it, and it even comes with a P2E clicker game that allows users to slap their way to valuable rewards.
Just days after going live, investors flocked to the project, buying and selling $SLAP tokens left and right. The massive, perhaps even unexpected rise in activity pushed CatSlap’s market cap all the way to $42 million, showing that the meme coin market is truly one of the most active altcoin sectors during this bull run. The best part is – $SLAP is just getting started, so if you invest today, you could end up all the way up on the moon in the upcoming months.
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Flockerz – Vote-To-Earn Meme Coin That Puts The Power in Your Hands
Lastly, we have to mention another emerging meme coin that ramped up its token sales, and its name is Flockerz. The project brings a unique proposition as it offers users rewards through a Vote-2-Earn system. Once you buy $FLOCK tokens and join the community, AKA the Flock, you will be able to express your thoughts about the project’s future through a DAO voting system called FlockTopia.
It’s important to know that all $FLOCK token holders will be able to vote on every future decision. That includes rollout of new features, vaulted token allocation, and much more. But that’s not all, as a $FLOCK token holder, you can also stake your coins to earn an APY of over 470% a week after the first listing, allowing you to get much more tokens than you paid for. The ongoing presale has raised over $5.5 million, so the sooner you join the Flock, the higher the returns you can expect.
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Final Words
As of today, PEPE is the only coin in the green as all other meme coins are losing support. As mentioned above, that is likely due to the massive purchase by a crypto whale, but no matter how green it is, it can’t lead to 10X gains or higher anytime soon. On the other hand, new meme coins such as $WEPE, $STARS, $SLAP, and $FLOCK are yet to go live and multiply their market caps, so don’t miss your chance to invest early to get the most out of the meme coin craze that’s taken over altcoin markets in 2024!
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/insights/crypto-whale-buys-5-million-worth-of-pepe-is-a-new-price-pump-ahead-of-us
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