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Cryptocurrency News Articles
Frog-Themed Tokens Are Leading the Memecoin Supercycle
Nov 15, 2024 at 01:06 am
Pepe, the original frog-themed meme token, has seen its price surge by over 100% this week. This momentum has been driven by Pepe's recent listings on Robinhood
Frog-themed meme coins are surging higher amid the return of the meme coin supercycle, with pepe, BOME, and Turbo leading the pack.
Pepe price Surges Nearly 60% on Coinbase, Robinhood Listings
The original frog-themed meme token, Pepe, has seen its price skyrocket by over 100% this week. This momentum is largely driven by Pepe’s recent listing on Robinhood, one of the largest U.S.-based cryptocurrency exchanges.
Coinbase also recently announced the listing of $PEPE. This announcement helped propel Pepe to a new all-time high of around $0.0000245.
Pepe also saw a triple-digit spike in daily trading volumes, indicating a strong recovery.
A parody account of Elon Musk with over 300K followers tweeted about how $PEPE is doing great so far.
They pointed out how the chart of Pepe Dominance is very healthy and that it doesn’t seem to be correcting majorly anytime soon.
However, buyers should still monitor Bitcoin’s sentiment, as a decline in its price could provoke a downturn in PEPE’s charts.
BOME Price Surges 30% as Community Awaits News on Exchange Listing
Similar to Pepe, BOME also saw an impressive rally after witnessing an over 30% gain over the past week. However, unlike Pepe, BOME’s rally is largely community-driven, with no significant recent news.
Crypto_Jobs on X recently posted, “$BOME / USDT is showing a bullish mid-term pattern; this might be a final retest of support before a possible breakout.”
Technical analysis suggests that BOME could be in for a significant rally if it breaks through the $0.0124 resistance.
On the other hand, failure to maintain its current momentum could cause it to fall back to support levels of around $0.008.
Turbo Price Surges 70% on Coinbase Perpetual Futures Listing Rumors
Another frog-themed meme coin making headlines is Turbo. It has captured investors’ attention following rumors about a Coinbase listing.
Turbo’s perpetual futures listing on Coinbase International Exchange is already creating buzz in the market, sparking speculation about a spot listing on major exchanges.
While the coin is currently experiencing some volatility, its market cap is approaching $700 million, and many analysts believe Turbo could soon see a breakout.
According to VIP ROSE, a popular crypto analyst, the technicals indicate that Turbo could follow a bullish trajectory like Pepe, with the next price target around $0.0167. With a high level of liquidity and strong support from its community, Turbo could see further gains.
Pepe Unchained Price Could Soar After Biggest Ever Meme Coin Presale
While Pepe, BOME, and Turbo may see further gains in the near term, they also come with a higher risk of reversal, given their overbought conditions. This is why many investors are turning to Pepe Unchained, a new token that combines the hype of meme coins with practical utility via its Layer-2 solution.
One of the hottest new meme coins on investors’ radar currently is Pepe Unchained (PEPU). If you’re looking for high-risk, high-reward investments, $PEPU could offer the right blend of meme hype and utility-driven gains.
The project has already raised a staggering $29 million in its presale, and the hype is only growing as the launch of its ecosystem approaches.
It aims to take the frog theme to the next level with its Layer-2 scaling solution for Ethereum, called the “Pepe Chain.”
This solution aims to offer extremely low fees, faster transactions, and a unique presale staking protocol with a high reward rate. Early investors can earn an APY of over 85% at press time.
As the first and only frog meme coin to have its own blockchain, Pepe Unchained effectively sets itself apart from the competition.
With its focus on scalability, security, and utility, Pepe Unchained could be perfect for those looking to get in early on the next potential meme coin to explode.
With the presale ending in less than 30 days now, buyers have limited time to buy tokens at a discounted price.
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